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TANEJA AEROSPACE & AVIATION
PS (Price/Sales) Ratio

The Current P/S Ratio of TANEJA AEROSPACE & AVIATION is 37.56.

Share Price ₹472.7Apr 25,2024
Market Cap ₹1,205.3 Cr
Sales-TTM₹32.1 CrTTM-Consolidated Results
Price/Sales37.56xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of TANEJA AEROSPACE & AVIATION

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 TANEJA AEROSPACE & AVIATION is calculated as :

Current Market Cap [ ₹1,205.3 Cr] as on Apr 25,2024

(/) Sales [ ₹32.1 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 37.56x ]

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

Thus, for TANEJA AEROSPACE & AVIATION , the investors are currently willing to pay '37.56 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 TANEJA AEROSPACE & AVIATION !

The chart below summarizes the trend in P/S Ratio of TANEJA AEROSPACE & AVIATION over the last five years.

Historical PS (Price/Sales) ratio chart of TANEJA AEROSPACE & AVIATION


PS Ratio Performance Analysis for TANEJA AEROSPACE & AVIATION

- TANEJA AEROSPACE & AVIATION 's latest p/e ratio is 37.56x.

- TANEJA AEROSPACE & AVIATION 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.99x.

- TANEJA AEROSPACE & AVIATION 's operated at median p/e ratio of 2.52x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TANEJA AEROSPACE & AVIATION 's p/e ratio peaked in Mar2023 at 10.21x.

- TANEJA AEROSPACE & AVIATION 's p/e ratio hit its five-year low in Mar2020 of 1.18x.


How does TANEJA AEROSPACE & AVIATION 's P/S Ratio benchmark against top 10 peers in Airlines Industry?

Peer Comparison (Airlines Industry)Sales (Cr)PS RatioMarket Cap (Cr)
TANEJA AEROSPACE & AVIATION 32.137.561,205.3
INTERGLOBE AVIATION LTD65,239.72.26147,253.0
SPICEJET LTD7,894.40.614,853.2
TAAL ENTERPRISES LTD184.84.79885.0
JET AIRWAYS (INDIA) LTD74.87.09530.2
GLOBAL VECTRA HELICORP LTD462.90.71327.8

Airlines Industry Benchmark (Top 10) PS Analysis vs TANEJA AEROSPACE & AVIATION 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.61x
Max industry PS 37.56x
Median industry PS 4.79x
Average industry PS 8.84x



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