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THE GREAT EASTERN SHIPPING COMPANY
PS (Price/Sales) Ratio

The Current P/S Ratio of THE GREAT EASTERN SHIPPING COMPANY is 2.77.

Share Price ₹1,009.6Apr 19,2024
Market Cap ₹14,416.4 Cr
Sales-TTM₹5,213.8 CrTTM-Consolidated Results
Price/Sales2.77xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of THE GREAT EASTERN SHIPPING COMPANY

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 THE GREAT EASTERN SHIPPING COMPANY is calculated as :

Current Market Cap [ ₹14,416.4 Cr] as on Apr 19,2024

(/) Sales [ ₹5,213.8 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 2.77x ]

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

Thus, for THE GREAT EASTERN SHIPPING COMPANY , the investors are currently willing to pay '2.77 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 THE GREAT EASTERN SHIPPING COMPANY !

The chart below summarizes the trend in P/S Ratio of THE GREAT EASTERN SHIPPING COMPANY over the last five years.

Historical PS (Price/Sales) ratio chart of THE GREAT EASTERN SHIPPING COMPANY


PS Ratio Performance Analysis for THE GREAT EASTERN SHIPPING COMPANY

- THE GREAT EASTERN SHIPPING COMPANY 's latest p/e ratio is 2.77x.

- THE GREAT EASTERN SHIPPING COMPANY 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.28x.

- THE GREAT EASTERN SHIPPING COMPANY 's operated at median p/e ratio of 1.38x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, THE GREAT EASTERN SHIPPING COMPANY 's p/e ratio peaked in Mar2023 at 1.61x.

- THE GREAT EASTERN SHIPPING COMPANY 's p/e ratio hit its five-year low in Mar2020 of 0.83x.


How does THE GREAT EASTERN SHIPPING COMPANY 's P/S Ratio benchmark against top 10 peers in Shipping Industry?

Peer Comparison (Shipping Industry)Sales (Cr)PS RatioMarket Cap (Cr)
THE GREAT EASTERN SHIPPING COMPANY 5,213.82.7714,416.4
SHIPPING CORPORATION OF INDIA LTD5,052.11.939,746.8
SEAMEC LTD635.24.222,682.1
DREDGING CORPORATION OF INDIA LTD1,004.82.292,301.7
SHREYAS SHIPPING & LOGISTICS LTD273.92.29626.1
ESSAR SHIPPING LTD32.819.81649.3
GLOBAL OFFSHORE SERVICES LTD43.42.63114.3

Shipping Industry Benchmark (Top 10) PS Analysis vs THE GREAT EASTERN SHIPPING COMPANY 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.93x
Max industry PS 19.81x
Median industry PS 2.63x
Average industry PS 5.13x



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