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, Ion Exchange (India)'s share price is ₹519.65.
Ion Exchange (India)'s Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2023 was ₹53.68. Hence, Ion Exchange (India)'s PS Ratio for today is 9.68.
The historical rank and industry rank for Ion Exchange (India)'s PS Ratio or its related term are showing as below:
BOM:500214'
s PS Ratio Range Over the Past 10 Years
Min: 0.14 Med: 0.57 Max: 9.68
Current: 9.68
During the past 13 years, Ion Exchange (India)'s highest PS Ratio was 9.68. The lowest was 0.14. And the median was 0.57.
BOM:500214's PS Ratio is ranked worse than 94.29% of 2975
companies
in the Industrial Products industry
Industry Median: 1.73
vs BOM:500214: 9.68
Ion Exchange (India) Ltd has shown predictable revenue and earnings growth.
During the past 12 months, the average Revenue per Share Growth Rate of Ion Exchange (India) was 26.40% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 10.10% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 11.80% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 12.10% per year.
During the past 13 years, Ion Exchange (India)'s highest 3-Year average Revenue per Share Growth Rate was 18.50% per year. The lowest was 0.30% per year. And the median was 10.45% per year.
Back to Basics: PS Ratio
Ion Exchange (India) PS Ratio Historical Data
The historical data trend for Ion Exchange (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 Ion Exchange (India)'s PS Ratio
For the Pollution & Treatment Controls subindustry, Ion Exchange (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.
Ion Exchange (India)'s PS Ratio Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ion Exchange (India)'s PS Ratio distribution charts can be found below:
* The bar in red indicates where Ion Exchange (India)'s PS Ratio falls into.
Ion Exchange (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.
Ion Exchange (India)'s Share Price of today is ₹519.65.
For company reported annually, GuruFocus uses latest annual data as the TTM data. Ion Exchange (India)'s Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2023 was ₹53.68.
* 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:
Ion Exchange (India) (BOM:500214) 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.
Ion Exchange (India) PS Ratio Related Terms
Thank you for viewing the detailed overview of Ion Exchange (India)'s PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Ion Exchange (India) (BOM:500214) Business Description
Ion Exchange (India) Ltd is a water solution provider. The principal activities of the company consist of the construction and maintenance of water treatment plants, wastewater treatment, manufacturing resins, specialty chemicals for water, recycling, zero liquid discharge, sewage treatment, packaged drinking water, sea water desalination, etc. The company operates its business through the Engineering division, which is a key revenue driver that comprises water treatment plants, spares, and services in connection with the plants; the Chemicals segment consists of resins, water treatment chemicals, sugar chemicals, and paper chemicals; and the Consumer Products segment comprises domestic water purifiers. The company caters to both domestic and international markets.
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