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STOVEC INDUSTRIES
PS (Price/Sales) Ratio

The Current P/S Ratio of STOVEC INDUSTRIES is 2.64.

Share Price ₹2,604.5Apr 25,2024
Market Cap ₹546.9 Cr
Sales-TTM₹207.3 CrTTM-Standalone Results
Price/Sales2.64xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of STOVEC INDUSTRIES

Price-to-Sales ratio, P/S Multiple, or P/S Ratio is an important valuation multiple that is defined as:

P/S = Market Capitalization / Sales

or, using per-share numbers:

P/S = Stock Price / Sales Per Share

Applying the above formula, P/S ratio of STOVEC INDUSTRIES is calculated as :

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 ]

P/S Ratio indicates 'the multiple of sales' investors are willing to pay to own one share of the company.

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 latest p/e ratio is 2.64x.

- 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 RatioMarket Cap (Cr)
STOVEC INDUSTRIES 207.32.64546.9
LAKSHMI MACHINE WORKS LTD5,028.33.5617,876.6
INDIAN CARD CLOTHING COMPANY LTD58.22.82164.3

Textile - Machinery Industry Benchmark (Top 10) PS Analysis vs STOVEC INDUSTRIES 's P/S Ratio

Top 10 Industry PeersPS 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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