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WAAREE RENEWABLE TECHNOLOGIES
PS (Price/Sales) Ratio

The Current P/S Ratio of WAAREE RENEWABLE TECHNOLOGIES is 43.15.

Share Price ₹2,755.4Apr 24,2024
Market Cap ₹28,683.2 Cr
Sales-TTM₹664.7 CrTTM-Consolidated Results
Price/Sales43.15xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of WAAREE RENEWABLE TECHNOLOGIES

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 WAAREE RENEWABLE TECHNOLOGIES is calculated as :

Current Market Cap [ ₹28,683.2 Cr] as on Apr 24,2024

(/) Sales [ ₹664.7 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 43.15x ]

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

Thus, for WAAREE RENEWABLE TECHNOLOGIES , the investors are currently willing to pay '43.15 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 WAAREE RENEWABLE TECHNOLOGIES !

The chart below summarizes the trend in P/S Ratio of WAAREE RENEWABLE TECHNOLOGIES over the last five years.

Historical PS (Price/Sales) ratio chart of WAAREE RENEWABLE TECHNOLOGIES


PS Ratio Performance Analysis for WAAREE RENEWABLE TECHNOLOGIES

- WAAREE RENEWABLE TECHNOLOGIES 's latest p/e ratio is 43.15x.

- WAAREE RENEWABLE TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.61x.

- WAAREE RENEWABLE TECHNOLOGIES 's operated at median p/e ratio of 3.99x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, WAAREE RENEWABLE TECHNOLOGIES 's p/e ratio peaked in Mar2021 at 7.95x.

- WAAREE RENEWABLE TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2019 of 2.84x.


How does WAAREE RENEWABLE TECHNOLOGIES 's P/S Ratio benchmark against top 10 peers in Power Generation/Distribution Industry?

Peer Comparison (Power Generation/Distribution Industry)Sales (Cr)PS RatioMarket Cap (Cr)
WAAREE RENEWABLE TECHNOLOGIES 664.743.1528,683.2
NTPC LTD175,132.01.95340,886.0
ADANI GREEN ENERGY LTD9,305.030.78286,425.0
POWER GRID CORPORATION OF INDIA LTD46,128.75.86270,229.0
ADANI POWER LTD47,229.64.87229,931.0
TATA POWER COMPANY LTD58,056.12.36136,872.0
ADANI ENERGY SOLUTIONS LTD15,258.27.66116,814.0
NHPC LTD9,772.89.2790,636.4
JSW ENERGY LTD11,400.09.22105,067.0
TORRENT POWER LTD26,692.52.7372,813.4
SJVN LTD2,600.219.5950,949.8

Power Generation/Distribution Industry Benchmark (Top 10) PS Analysis vs WAAREE RENEWABLE TECHNOLOGIES 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.95x
Max industry PS 43.15x
Median industry PS 7.66x
Average industry PS 12.49x



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