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STRIDES PHARMA SCIENCE
PS (Price/Sales) Ratio

The Current P/S Ratio of STRIDES PHARMA SCIENCE is 2.04.

Share Price ₹876.5Apr 26,2024
Market Cap ₹8,054.6 Cr
Sales-TTM₹3,953.5 CrTTM-Consolidated Results
Price/Sales2.04xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of STRIDES PHARMA SCIENCE

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 STRIDES PHARMA SCIENCE is calculated as :

Current Market Cap [ ₹8,054.6 Cr] as on Apr 26,2024

(/) Sales [ ₹3,953.5 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 2.04x ]

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

Thus, for STRIDES PHARMA SCIENCE , the investors are currently willing to pay '2.04 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 STRIDES PHARMA SCIENCE !

The chart below summarizes the trend in P/S Ratio of STRIDES PHARMA SCIENCE over the last five years.

Historical PS (Price/Sales) ratio chart of STRIDES PHARMA SCIENCE


PS Ratio Performance Analysis for STRIDES PHARMA SCIENCE

- STRIDES PHARMA SCIENCE 's latest p/e ratio is 2.04x.

- STRIDES PHARMA SCIENCE 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.40x.

- STRIDES PHARMA SCIENCE 's operated at median p/e ratio of 1.05x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, STRIDES PHARMA SCIENCE 's p/e ratio peaked in Mar2021 at 2.28x.

- STRIDES PHARMA SCIENCE 's p/e ratio hit its five-year low in Mar2023 of 0.7x.


How does STRIDES PHARMA SCIENCE 's P/S Ratio benchmark against top 10 peers in Pharmaceuticals & Drugs Industry?

Peer Comparison (Pharmaceuticals & Drugs Industry)Sales (Cr)PS RatioMarket Cap (Cr)
STRIDES PHARMA SCIENCE 3,953.52.048,054.6
SUN PHARMACEUTICAL INDUSTRIES LTD47,444.67.61360,920.0
CIPLA LTD25,350.24.49113,794.0
DR REDDYS LABORATORIES LTD27,212.53.83104,316.0
ZYDUS LIFESCIENCES LTD19,024.25.0195,380.9
DIVIS LABORATORIES LTD7,492.814.26106,860.0
MANKIND PHARMA LTD9,946.39.5494,869.4
TORRENT PHARMACEUTICALS LTD10,474.08.6991,057.0
LUPIN LTD19,480.13.7873,642.4
AUROBINDO PHARMA LTD27,894.72.3866,278.5
ABBOTT INDIA LTD5,753.49.5554,961.0

Pharmaceuticals & Drugs Industry Benchmark (Top 10) PS Analysis vs STRIDES PHARMA SCIENCE 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 2.04x
Max industry PS 14.26x
Median industry PS 5.01x
Average industry PS 6.47x



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