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, Marine Electricals (India)'s share price is ₹301.95.
Marine Electricals (India)'s Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was ₹53.23. Hence, Marine Electricals (India)'s PS Ratio for today is 5.67.
The historical rank and industry rank for Marine Electricals (India)'s PS Ratio or its related term are showing as below:
NSE:MARINE'
s PS Ratio Range Over the Past 10 Years
Min: 0.85 Med: 2.27 Max: 15.55
Current: 5.12
During the past 11 years, Marine Electricals (India)'s highest PS Ratio was 15.55. The lowest was 0.85. And the median was 2.27.
NSE:MARINE's PS Ratio is ranked worse than 90.26% of 965
companies
in the Transportation industry
Industry Median: 1.01
vs NSE:MARINE: 5.12
Marine Electricals (India) Ltd has shown predictable revenue and earnings growth.
During the past 12 months, the average Revenue per Share Growth Rate of Marine Electricals (India) was 33.80% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 33.30% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 9.40% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 7.90% per year.
During the past 11 years, Marine Electricals (India)'s highest 3-Year average Revenue per Share Growth Rate was 33.30% per year. The lowest was -12.00% per year. And the median was 12.35% per year.
Back to Basics: PS Ratio
Marine Electricals (India) PS Ratio Historical Data
* 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 Marine Electricals (India)'s PS Ratio
For the Marine Shipping subindustry, Marine Electricals (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.
Marine Electricals (India)'s PS Ratio Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Marine Electricals (India)'s PS Ratio distribution charts can be found below:
* The bar in red indicates where Marine Electricals (India)'s PS Ratio falls into.
Marine Electricals (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.
Marine Electricals (India)'s Share Price of today is ₹301.95. Marine Electricals (India)'s Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹53.23.
* 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:
Marine Electricals (India) (NSE:MARINE) 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.
Marine Electricals (India) PS Ratio Related Terms
Thank you for viewing the detailed overview of Marine Electricals (India)'s PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Marine Electricals (India) Ltd is engaged in providing integrated electrical and automation solutions. It is engaged in the manufacturing and sale of all types of marine and industrial electrical and electronic components like switch-gears, marine motors, control-gears, monitoring and control systems, etc., and is also engaged in the renewable energy sector specifically solar. The company also provides services like designing, fabricating, etc. for all types of electrical and electronic installations and undertakes annual maintenance contracts. Its segments are; Marine and Industry. The Marine segment which generates maximum revenue provides products and services of navigational equipment, and others in new shipbuilding. Geographically, it derives key revenue from India.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NSE:MARINE has been successfully added to your 