The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Akzo Nobel India's share price is ₹2442.00.
Akzo Nobel India's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was ₹859.51. Hence, Akzo Nobel India's PS Ratio for today is 2.84.
The historical rank and industry rank for Akzo Nobel India's PS Ratio or its related term are showing as below:
NSE:AKZOINDIA'
s PS Ratio Range Over the Past 10 Years
Min: 1.54 Med: 2.87 Max: 12.31
Current: 2.84
During the past 13 years, Akzo Nobel India's highest PS Ratio was 12.31. The lowest was 1.54. And the median was 2.87.
NSE:AKZOINDIA's PS Ratio is ranked worse than 72.82% of 1527
companies
in the Chemicals industry
Industry Median: 1.44
vs NSE:AKZOINDIA: 2.84
Akzo Nobel India Ltd has shown predictable revenue and earnings growth.
During the past 12 months, the average Revenue per Share Growth Rate of Akzo Nobel India was 6.40% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 12.70% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 5.70% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 3.80% per year.
During the past 13 years, Akzo Nobel India's highest 3-Year average Revenue per Share Growth Rate was 23.30% per year. The lowest was -3.10% per year. And the median was 4.70% per year.
Back to Basics: PS Ratio
Akzo Nobel India PS Ratio Historical Data
The historical data trend for Akzo Nobel India's PS Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Akzo Nobel India's PS Ratio
For the Specialty Chemicals subindustry, Akzo Nobel India's PS Ratio, along with its competitors' market caps and PS Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Akzo Nobel India's PS Ratio Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Akzo Nobel India's PS Ratio distribution charts can be found below:
* The bar in red indicates where Akzo Nobel India's PS Ratio falls into.
Akzo Nobel India PS Ratio Calculation
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Akzo Nobel India's Share Price of today is ₹2442.00. Akzo Nobel India's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹859.51.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
Akzo Nobel India (NSE:AKZOINDIA) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Akzo Nobel India PS Ratio Related Terms
Thank you for viewing the detailed overview of Akzo Nobel India's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Akzo Nobel India (NSE:AKZOINDIA) Business Description
Akzo Nobel India Ltd manufactures and sells a variety of chemicals and coatings. The company organizes itself into only segments based on the product type. The coatings segment, which generates the vast majority of revenue, sells decorative paints under the Dulux brand and performance coatings for ships, cars, aircraft, and buildings. The vast majority of revenue comes from India.
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