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THE INDIA CEMENTS
PS (Price/Sales) Ratio

The Current P/S Ratio of THE INDIA CEMENTS is 1.32.

Share Price ₹226.7Apr 16,2024
Market Cap ₹7,025.4 Cr
Sales-TTM₹5,331.3 CrTTM-Consolidated Results
Price/Sales1.32xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of THE INDIA CEMENTS

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 INDIA CEMENTS is calculated as :

Current Market Cap [ ₹7,025.4 Cr] as on Apr 16,2024

(/) Sales [ ₹5,331.3 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 1.32x ]

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

Thus, for THE INDIA CEMENTS , the investors are currently willing to pay '1.32 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 INDIA CEMENTS !

The chart below summarizes the trend in P/S Ratio of THE INDIA CEMENTS over the last five years.

Historical PS (Price/Sales) ratio chart of THE INDIA CEMENTS


PS Ratio Performance Analysis for THE INDIA CEMENTS

- THE INDIA CEMENTS 's latest p/e ratio is 1.32x.

- THE INDIA CEMENTS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.94x.

- THE INDIA CEMENTS 's operated at median p/e ratio of 1.02x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, THE INDIA CEMENTS 's p/e ratio peaked in Mar2022 at 1.34x.

- THE INDIA CEMENTS 's p/e ratio hit its five-year low in Mar2019 of 0.58x.


How does THE INDIA CEMENTS 's P/S Ratio benchmark against top 10 peers in Cement & Construction Materials Industry?

Peer Comparison (Cement & Construction Materials Industry)Sales (Cr)PS RatioMarket Cap (Cr)
THE INDIA CEMENTS 5,331.31.327,025.4
ULTRATECH CEMENT LTD69,151.63.95273,493.0
AMBUJA CEMENTS LTD32,231.64.21135,597.0
SHREE CEMENT LTD20,188.44.4489,690.1
ACC LTD19,341.12.3745,891.4
DALMIA BHARAT LTD14,285.02.5836,920.6
JK CEMENT LTD11,228.12.8932,489.8
THE RAMCO CEMENTS LTD9,270.72.0619,098.3
NUVOCO VISTAS CORPORATION LTD10,728.01.0411,182.6
JK LAKSHMI CEMENT LTD6,869.71.399,574.2
STAR CEMENT LTD2,822.23.259,183.0

Cement & Construction Materials Industry Benchmark (Top 10) PS Analysis vs THE INDIA CEMENTS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.04x
Max industry PS 4.44x
Median industry PS 2.58x
Average industry PS 2.68x



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