TEXMACO RAIL & ENGINEERING
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The Current P/S Ratio of TEXMACO RAIL & ENGINEERING is 2.07.
Share Price | ₹165.4 | Apr 19,2024 |
Market Cap | ₹6,607.7 Cr | |
Sales-TTM | ₹3,193.6 Cr | TTM-Consolidated Results |
Price/Sales | 2.07x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of TEXMACO RAIL & ENGINEERING
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹6,607.7 Cr] as on Apr 19,2024
(/) Sales [ ₹3,193.6 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 2.07x ]
Thus, for TEXMACO RAIL & ENGINEERING , the investors are currently willing to pay '2.07 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 TEXMACO RAIL & ENGINEERING !
The chart below summarizes the trend in P/S Ratio of TEXMACO RAIL & ENGINEERING over the last five years.
Historical PS (Price/Sales) ratio chart of TEXMACO RAIL & ENGINEERING
PS Ratio Performance Analysis for TEXMACO RAIL & ENGINEERING
- TEXMACO RAIL & ENGINEERING 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.58x.
- TEXMACO RAIL & ENGINEERING 's operated at median p/e ratio of 0.61x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TEXMACO RAIL & ENGINEERING 's p/e ratio peaked in Mar2022 at 0.83x.
- TEXMACO RAIL & ENGINEERING 's p/e ratio hit its five-year low in Mar2020 of 0.24x.
How does TEXMACO RAIL & ENGINEERING 's P/S Ratio benchmark against top 10 peers in Railways Wagons Industry?
Peer Comparison (Railways Wagons Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
TEXMACO RAIL & ENGINEERING | 3,193.6 | 2.07 | 6,607.7 |
JUPITER WAGONS LTD | 3,240.0 | 4.71 | 15,263.1 |
TITAGARH RAILSYSTEMS LTD | 3,775.1 | 3.47 | 13,088.3 |
Railways Wagons Industry Benchmark (Top 10) PS Analysis vs TEXMACO RAIL & ENGINEERING 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 2.07x |
Max industry PS | 4.71x |
Median industry PS | 3.47x |
Average industry PS | 3.42x |
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