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WALCHANDNAGAR INDUSTRIES
PS (Price/Sales) Ratio

The Current P/S Ratio of WALCHANDNAGAR INDUSTRIES is 4.02.

Share Price ₹234.7Apr 26,2024
Market Cap ₹1,300.0 Cr
Sales-TTM₹323.1 CrTTM-Standalone Results
Price/Sales4.02xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of WALCHANDNAGAR INDUSTRIES

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 WALCHANDNAGAR INDUSTRIES is calculated as :

Current Market Cap [ ₹1,300.0 Cr] as on Apr 26,2024

(/) Sales [ ₹323.1 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 4.02x ]

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

Thus, for WALCHANDNAGAR INDUSTRIES , the investors are currently willing to pay '4.02 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 WALCHANDNAGAR INDUSTRIES !

The chart below summarizes the trend in P/S Ratio of WALCHANDNAGAR INDUSTRIES over the last five years.

Historical PS (Price/Sales) ratio chart of WALCHANDNAGAR INDUSTRIES


PS Ratio Performance Analysis for WALCHANDNAGAR INDUSTRIES

- WALCHANDNAGAR INDUSTRIES 's latest p/e ratio is 4.02x.

- WALCHANDNAGAR INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.68x.

- WALCHANDNAGAR INDUSTRIES 's operated at median p/e ratio of 0.74x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, WALCHANDNAGAR INDUSTRIES 's p/e ratio peaked in Mar2019 at 0.93x.

- WALCHANDNAGAR INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 0.32x.


How does WALCHANDNAGAR INDUSTRIES 's P/S Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?

Peer Comparison (Engineering - Industrial Equipments Industry)Sales (Cr)PS RatioMarket Cap (Cr)
WALCHANDNAGAR INDUSTRIES 323.14.021,300.0
BHARAT ELECTRONICS LTD18,183.39.60174,631.0
BHARAT HEAVY ELECTRICALS LTD23,859.54.0797,079.9
THERMAX LTD8,870.65.8752,032.6
TRIVENI TURBINE LTD1,565.710.8717,023.9
KIRLOSKAR OIL ENGINES LTD5,622.12.6314,794.8
ELECON ENGINEERING COMPANY LTD1,937.46.5412,661.8
PRAJ INDUSTRIES LTD3,451.72.789,611.6
SHRIRAM PISTONS & RINGS LTD2,934.83.149,206.0
KIRLOSKAR BROTHERS LTD3,902.02.6410,299.7
TEGA INDUSTRIES LTD1,382.17.2710,044.2

Engineering - Industrial Equipments Industry Benchmark (Top 10) PS Analysis vs WALCHANDNAGAR INDUSTRIES 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 2.63x
Max industry PS 10.87x
Median industry PS 4.07x
Average industry PS 5.40x



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