UNION BANK OF INDIA
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The Current P/S Ratio of UNION BANK OF INDIA is 0.87.
Share Price | ₹120.2 | Nov 07,2024 |
Market Cap | ₹91,717.7 Cr | |
Sales-TTM | ₹105,444.0 Cr | TTM-Consolidated Results |
Price/Sales | 0.87x | Calculated as Market Cap/Sales |
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Definition & Calculation of PS (Price/Sales) ratio of UNION BANK OF INDIA
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹91,717.7 Cr] as on Nov 07,2024
(/) Sales [ ₹105,444.0 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 0.87x ]
Thus, for UNION BANK OF INDIA, the investors are currently willing to pay '0.87 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 UNION BANK OF INDIA!
The chart below summarizes the trend in P/S Ratio of UNION BANK OF INDIA over the last five years.
Historical PS (Price/Sales) ratio chart of UNION BANK OF INDIA
PS Ratio Performance Analysis for UNION BANK OF INDIA
- UNION BANK OF INDIA's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.54x.
- UNION BANK OF INDIA's operated at median p/e ratio of 0.39x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, UNION BANK OF INDIA's p/e ratio peaked in Mar2024 at 1.17x.
- UNION BANK OF INDIA's p/e ratio hit its five-year low in Mar2020 of 0.26x.
How does UNION BANK OF INDIA's P/S Ratio benchmark against top 10 peers in Bank - Public Industry?
Peer Comparison (Bank - Public Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
UNION BANK OF INDIA | 105,444.0 | 0.87 | 91,717.7 |
STATE BANK OF INDIA | 455,971.0 | 1.68 | 766,847.0 |
PUNJAB NATIONAL BANK | 116,126.0 | 1.06 | 122,572.0 |
BANK OF BARODA | 124,144.0 | 1.09 | 135,878.0 |
INDIAN OVERSEAS BANK | 26,206.3 | 3.96 | 103,680.0 |
CANARA BANK | 117,133.0 | 0.81 | 95,287.2 |
INDIAN BANK | 59,245.6 | 1.31 | 77,396.5 |
BANK OF INDIA | 63,676.8 | 0.81 | 51,536.2 |
UCO BANK | 23,513.9 | 2.37 | 55,786.5 |
CENTRAL BANK OF INDIA | 32,815.5 | 1.52 | 50,002.2 |
BANK OF MAHARASHTRA | 22,530.3 | 1.89 | 42,511.2 |
Bank - Public Industry Benchmark (Top 10) PS Analysis vs UNION BANK OF INDIA's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.81x |
Max industry PS | 3.96x |
Median industry PS | 1.31x |
Average industry PS | 1.58x |
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