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, Sunlite Recycling Industries's share price is ₹117.00.
Sunlite Recycling Industries's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was ₹516.74. Hence, Sunlite Recycling Industries's PS Ratio for today is 0.23.
The historical rank and industry rank for Sunlite Recycling Industries's PS Ratio or its related term are showing as below:
NSE:SUNLITE'
s PS Ratio Range Over the Past 10 Years
Min: 0.18 Med: 0.3 Max: 0.35
Current: 0.22
During the past 4 years, Sunlite Recycling Industries's highest PS Ratio was 0.35. The lowest was 0.18. And the median was 0.30.
NSE:SUNLITE's PS Ratio is ranked better than 95.22% of 2973
companies
in the Industrial Products industry
Industry Median: 1.67
vs NSE:SUNLITE: 0.22
During the past 4 years, Sunlite Recycling Industries's highest 3-Year average Revenue per Share Growth Rate was 43.60% per year. The lowest was 43.60% per year. And the median was 43.60% per year.
Back to Basics: PS Ratio
Sunlite Recycling Industries 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 Sunlite Recycling Industries's PS Ratio
For the Electrical Equipment & Parts subindustry, Sunlite Recycling Industries'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.
Sunlite Recycling Industries's PS Ratio Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Sunlite Recycling Industries's PS Ratio distribution charts can be found below:
* The bar in red indicates where Sunlite Recycling Industries's PS Ratio falls into.
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.
Sunlite Recycling Industries's Share Price of today is ₹117.00. Sunlite Recycling Industries'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 ₹516.74.
* 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:
Sunlite Recycling Industries (NSE:SUNLITE) 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.
Sunlite Recycling Industries PS Ratio Related Terms
Thank you for viewing the detailed overview of Sunlite Recycling Industries's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Sunlite Recycling Industries Ltd is engaged in the business of manufacturing of copper rods & wires, copper earthing wires, copper earthing strips, copper conductors, copper wire bars etc. through recycling of copper scrap, which has electrical and mechanical properties suitable for applications in power generation, transmission, distribution and electronic industries. Further, it is also engaged in providing job work services for processing of various products of copper, wherein its customers provide company with the copper scrap and the company converts the copper scrap into copper wire and copper wire rod as per customer's requirement. It employs an internal quality control mechanism to ensure that its finished product conforms to the exact requirement of its customers.
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