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, India Nippon Electricals's share price is ₹675.40.
India Nippon Electricals's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ₹319.89. Hence, India Nippon Electricals's PS Ratio for today is 2.11.
The historical rank and industry rank for India Nippon Electricals's PS Ratio or its related term are showing as below:
BOM:532240'
s PS Ratio Range Over the Past 10 Years
Min: 0.64 Med: 1.9 Max: 10.33
Current: 2.19
During the past 13 years, India Nippon Electricals's highest PS Ratio was 10.33. The lowest was 0.64. And the median was 1.90.
BOM:532240's PS Ratio is ranked worse than 77.3% of 1291
companies
in the Vehicles & Parts industry
Industry Median: 0.83
vs BOM:532240: 2.19
India Nippon Electricals Ltd has shown predictable revenue and earnings growth.
During the past 12 months, the average Revenue per Share Growth Rate of India Nippon Electricals was 10.30% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 14.90% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 8.30% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 9.60% per year.
During the past 13 years, India Nippon Electricals's highest 3-Year average Revenue per Share Growth Rate was 29.00% per year. The lowest was 2.10% per year. And the median was 11.10% per year.
* 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 India Nippon Electricals's PS Ratio
For the Auto Parts subindustry, India Nippon Electricals'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.
India Nippon Electricals's PS Ratio Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, India Nippon Electricals's PS Ratio distribution charts can be found below:
* The bar in red indicates where India Nippon Electricals's PS Ratio falls into.
India Nippon Electricals 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.
India Nippon Electricals's Share Price of today is ₹675.40. India Nippon Electricals's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹319.89.
* 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:
India Nippon Electricals (BOM:532240) 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.
India Nippon Electricals PS Ratio Related Terms
Thank you for viewing the detailed overview of India Nippon Electricals's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
India Nippon Electricals (BOM:532240) Business Description
India Nippon Electricals Ltd is an India based company, engages in the business of manufacturing electronic ignition systems for two-wheelers, three-wheelers, and portable engines. The company offers AC generator products, such as flywheel magneto, stator, and rotor products, as well as CDI and TCI products, regulator and rectifier units, ignition coils, exhaust gas recirculation controllers, engine controller units, auto choke-generation purpose engines, dual output ignition products, non-contact and contact type throttle position sensors, and PM alternators. Geographically, it derives a majority of revenue from India.
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