THE JAMMU & KASHMIR BANK
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The Current P/S Ratio of THE JAMMU & KASHMIR BANK is 1.30.
Share Price | ₹132.5 | May 08,2024 |
Market Cap | ₹14,590.9 Cr | |
Sales-TTM | ₹11,213.2 Cr | TTM-Consolidated Results |
Price/Sales | 1.30x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of THE JAMMU & KASHMIR BANK
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹14,590.9 Cr] as on May 08,2024
(/) Sales [ ₹11,213.2 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 1.30x ]
Thus, for THE JAMMU & KASHMIR BANK , the investors are currently willing to pay '1.30 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 JAMMU & KASHMIR BANK !
The chart below summarizes the trend in P/S Ratio of THE JAMMU & KASHMIR BANK over the last five years.
Historical PS (Price/Sales) ratio chart of THE JAMMU & KASHMIR BANK
PS Ratio Performance Analysis for THE JAMMU & KASHMIR BANK
- THE JAMMU & KASHMIR BANK 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.33x.
- THE JAMMU & KASHMIR BANK 's operated at median p/e ratio of 0.38x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, THE JAMMU & KASHMIR BANK 's p/e ratio peaked in Mar2023 at 0.54x.
- THE JAMMU & KASHMIR BANK 's p/e ratio hit its five-year low in Mar2020 of 0.1x.
How does THE JAMMU & KASHMIR BANK 's P/S Ratio benchmark against top 10 peers in Bank - Private Industry?
Peer Comparison (Bank - Private Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
THE JAMMU & KASHMIR BANK | 11,213.2 | 1.30 | 14,590.9 |
HDFC BANK LTD | 283,649.0 | 3.97 | 1,126,940.0 |
ICICI BANK LTD | 159,516.0 | 4.95 | 789,263.0 |
KOTAK MAHINDRA BANK LTD | 56,236.6 | 5.83 | 327,730.0 |
AXIS BANK LTD | 112,759.0 | 3.09 | 348,607.0 |
INDUSIND BANK LTD | 45,748.2 | 2.46 | 112,379.0 |
IDBI BANK LTD | 26,445.7 | 3.49 | 92,255.6 |
YES BANK LTD | 27,605.9 | 2.61 | 71,995.5 |
IDFC FIRST BANK LTD | 30,325.1 | 1.79 | 54,370.9 |
AU SMALL FINANCE BANK LTD | 10,554.7 | 4.40 | 46,420.8 |
THE FEDERAL BANK LTD | 23,565.5 | 1.63 | 38,325.6 |
Bank - Private Industry Benchmark (Top 10) PS Analysis vs THE JAMMU & KASHMIR BANK 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 1.30x |
Max industry PS | 5.83x |
Median industry PS | 3.09x |
Average industry PS | 3.23x |
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