STOVEC INDUSTRIES
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The Current P/S Ratio of STOVEC INDUSTRIES is 2.64.
Share Price | ₹2,604.5 | Apr 25,2024 |
Market Cap | ₹546.9 Cr | |
Sales-TTM | ₹207.3 Cr | TTM-Standalone Results |
Price/Sales | 2.64x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of STOVEC INDUSTRIES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹546.9 Cr] as on Apr 25,2024
(/) Sales [ ₹207.3 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 2.64x ]
Thus, for STOVEC INDUSTRIES , the investors are currently willing to pay '2.64 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 STOVEC INDUSTRIES !
The chart below summarizes the trend in P/S Ratio of STOVEC INDUSTRIES over the last five years.
Historical PS (Price/Sales) ratio chart of STOVEC INDUSTRIES
PS Ratio Performance Analysis for STOVEC INDUSTRIES
- STOVEC INDUSTRIES 's p/e ratio for fiscal years ending Dec2023 to Dec2019 averaged 2.30x.
- STOVEC INDUSTRIES 's operated at median p/e ratio of 2.2x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, STOVEC INDUSTRIES 's p/e ratio peaked in Dec2020 at 2.76x.
- STOVEC INDUSTRIES 's p/e ratio hit its five-year low in Dec2021 of 1.99x.
How does STOVEC INDUSTRIES 's P/S Ratio benchmark against top 10 peers in Textile - Machinery Industry?
Peer Comparison (Textile - Machinery Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
STOVEC INDUSTRIES | 207.3 | 2.64 | 546.9 |
LAKSHMI MACHINE WORKS LTD | 5,028.3 | 3.56 | 17,876.6 |
INDIAN CARD CLOTHING COMPANY LTD | 58.2 | 2.82 | 164.3 |
Textile - Machinery Industry Benchmark (Top 10) PS Analysis vs STOVEC INDUSTRIES 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 2.64x |
Max industry PS | 3.56x |
Median industry PS | 2.82x |
Average industry PS | 3.01x |
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