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WHEELS INDIA
PS (Price/Sales) Ratio

The Current P/S Ratio of WHEELS INDIA is 0.29.

Share Price ₹590.5Apr 30,2024
Market Cap ₹1,440.8 Cr
Sales-TTM₹4,953.4 CrTTM-Consolidated Results
Price/Sales0.29xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of WHEELS INDIA

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 WHEELS INDIA is calculated as :

Current Market Cap [ ₹1,440.8 Cr] as on Apr 30,2024

(/) Sales [ ₹4,953.4 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 0.29x ]

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

Thus, for WHEELS INDIA , the investors are currently willing to pay '0.29 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 WHEELS INDIA !

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

Historical PS (Price/Sales) ratio chart of WHEELS INDIA


PS Ratio Performance Analysis for WHEELS INDIA

- WHEELS INDIA 's latest p/e ratio is 0.29x.

- WHEELS INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.38x.

- WHEELS INDIA 's operated at median p/e ratio of 0.31x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, WHEELS INDIA 's p/e ratio peaked in Mar2019 at 0.63x.

- WHEELS INDIA 's p/e ratio hit its five-year low in Mar2023 of 0.23x.


How does WHEELS INDIA 's P/S Ratio benchmark against top 10 peers in Auto Ancillary Industry?

Peer Comparison (Auto Ancillary Industry)Sales (Cr)PS RatioMarket Cap (Cr)
WHEELS INDIA 4,953.40.291,440.8
BOSCH LTD16,557.15.2386,578.4
SAMVARDHANA MOTHERSON INTERNATIONAL LTD94,110.40.9488,872.8
SONA BLW PRECISION FORGINGS LTD3,184.811.5236,689.0
UNO MINDA LTD13,125.83.2242,325.1
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD3,833.96.8026,079.1
ENDURANCE TECHNOLOGIES LTD9,790.42.8427,830.1
JBM AUTO LTD4,533.54.9622,507.8
TVS HOLDINGS LTD38,397.70.4617,624.9
MINDA CORPORATION LTD4,510.72.169,727.0
CRAFTSMAN AUTOMATION LTD4,451.72.109,343.7

Auto Ancillary Industry Benchmark (Top 10) PS Analysis vs WHEELS INDIA 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.29x
Max industry PS 11.52x
Median industry PS 2.84x
Average industry PS 3.68x



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