STERLITE TECHNOLOGIES
|
The Current P/S Ratio of STERLITE TECHNOLOGIES is 1.03.
Share Price | ₹131.4 | May 07,2024 |
Market Cap | ₹6,404.6 Cr | |
Sales-TTM | ₹6,210.0 Cr | TTM-Consolidated Results |
Price/Sales | 1.03x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of STERLITE TECHNOLOGIES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹6,404.6 Cr] as on May 07,2024
(/) Sales [ ₹6,210.0 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 1.03x ]
Thus, for STERLITE TECHNOLOGIES , the investors are currently willing to pay '1.03 times sales' to own 1 share of the company.
PS Multiples are one of the most widely used valuation multiple in the industry.
P/S ratios can be a reliable benchmark to compare companies with negative earnings or book value.
You may also explore Price to Earnings ratio or Price to Book ratio of STERLITE TECHNOLOGIES !
The chart below summarizes the trend in P/S Ratio of STERLITE TECHNOLOGIES over the last five years.
Historical PS (Price/Sales) ratio chart of STERLITE TECHNOLOGIES
PS Ratio Performance Analysis for STERLITE TECHNOLOGIES
- STERLITE TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.27x.
- STERLITE TECHNOLOGIES 's operated at median p/e ratio of 1.6x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, STERLITE TECHNOLOGIES 's p/e ratio peaked in Mar2019 at 1.73x.
- STERLITE TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2020 of 0.5x.
How does STERLITE TECHNOLOGIES 's P/S Ratio benchmark against top 10 peers in Cable Industry?
Peer Comparison (Cable Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
STERLITE TECHNOLOGIES | 6,210.0 | 1.03 | 6,404.6 |
POLYCAB INDIA LTD | 16,771.2 | 5.20 | 87,251.9 |
KEI INDUSTRIES LTD | 8,110.2 | 4.26 | 34,586.4 |
RR KABEL LTD | 6,090.0 | 2.98 | 18,125.5 |
FINOLEX CABLES LTD | 4,837.7 | 3.36 | 16,275.8 |
PRECISION WIRES INDIA LTD | 3,236.6 | 0.73 | 2,371.7 |
PARAMOUNT COMMUNICATIONS LTD | 949.3 | 2.24 | 2,124.4 |
UNIVERSAL CABLES LTD | 2,023.2 | 0.93 | 1,888.3 |
DYNAMIC CABLES LTD | 705.6 | 1.30 | 919.3 |
BIRLA CABLE LTD | 756.1 | 1.01 | 764.4 |
DELTON CABLES LTD | 349.6 | 1.04 | 361.9 |
Cable Industry Benchmark (Top 10) PS Analysis vs STERLITE TECHNOLOGIES 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.73x |
Max industry PS | 5.20x |
Median industry PS | 1.30x |
Average industry PS | 2.19x |
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