VL EGOVERNANCE & IT SOLUTIONS
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The Current P/S Ratio of VL EGOVERNANCE & IT SOLUTIONS is 32.25.
Share Price | ₹67.0 | Apr 26,2024 |
Market Cap | ₹709.9 Cr | |
Sales-TTM | ₹22.0 Cr | TTM-Standalone Results |
Price/Sales | 32.25x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of VL EGOVERNANCE & IT SOLUTIONS
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹709.9 Cr] as on Apr 26,2024
(/) Sales [ ₹22.0 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 32.25x ]
Thus, for VL EGOVERNANCE & IT SOLUTIONS , the investors are currently willing to pay '32.25 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 VL EGOVERNANCE & IT SOLUTIONS !
The chart below summarizes the trend in P/S Ratio of VL EGOVERNANCE & IT SOLUTIONS over the last five years.
Historical PS (Price/Sales) ratio chart of VL EGOVERNANCE & IT SOLUTIONS
PS Ratio Performance Analysis for VL EGOVERNANCE & IT SOLUTIONS
- VL EGOVERNANCE & IT SOLUTIONS 's p/e ratio for fiscal years ending Mar2023 to Mar2021 averaged 0.00x.
- VL EGOVERNANCE & IT SOLUTIONS 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 3 fiscal years, VL EGOVERNANCE & IT SOLUTIONS 's p/e ratio peaked in Mar2023 at 0x.
- VL EGOVERNANCE & IT SOLUTIONS 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does VL EGOVERNANCE & IT SOLUTIONS 's P/S Ratio benchmark against top 10 peers in Courier Services Industry?
Peer Comparison (Courier Services Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
VL EGOVERNANCE & IT SOLUTIONS | 22.0 | 32.25 | 709.9 |
DELHIVERY LTD | 7,925.6 | 4.25 | 33,706.3 |
BLUE DART EXPRESS LTD | 5,161.5 | 2.90 | 14,982.3 |
Courier Services Industry Benchmark (Top 10) PS Analysis vs VL EGOVERNANCE & IT SOLUTIONS 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 2.90x |
Max industry PS | 32.25x |
Median industry PS | 4.25x |
Average industry PS | 13.14x |
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