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De Nora India (NSE:DENORA) PS Ratio : 12.27 (As of May. 10, 2024)


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What is De Nora India PS Ratio?

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, De Nora India's share price is ₹1493.60. De Nora India's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ₹121.74. Hence, De Nora India's PS Ratio for today is 12.27.

The historical rank and industry rank for De Nora India's PS Ratio or its related term are showing as below:

NSE:DENORA' s PS Ratio Range Over the Past 10 Years
Min: 0.78   Med: 4.12   Max: 16.32
Current: 12.49

During the past 13 years, De Nora India's highest PS Ratio was 16.32. The lowest was 0.78. And the median was 4.12.

NSE:DENORA's PS Ratio is ranked worse than
95.73% of 2972 companies
in the Industrial Products industry
Industry Median: 1.73 vs NSE:DENORA: 12.49

De Nora India's Revenue per Sharefor the three months ended in Mar. 2024 was ₹30.45. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ₹121.74.

Warning Sign:

De Nora India Ltd revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of De Nora India was 0.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was 13.70% per year. During the past 5 years, the average Revenue per Share Growth Rate was 17.70% per year.

During the past 13 years, De Nora India's highest 3-Year average Revenue per Share Growth Rate was 136.80% per year. The lowest was -9.40% per year. And the median was 18.45% per year.

Back to Basics: PS Ratio


De Nora India PS Ratio Historical Data

The historical data trend for De Nora 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.

* Premium members only.

De Nora India PS Ratio Chart

De Nora India Annual Data
Trend Dec14 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.44 2.65 2.88 6.12 11.74

De Nora India Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.10 6.12 12.16 10.73 11.74

Competitive Comparison of De Nora India's PS Ratio

For the Electrical Equipment & Parts subindustry, De Nora 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.


De Nora India's PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, De Nora India's PS Ratio distribution charts can be found below:

* The bar in red indicates where De Nora India's PS Ratio falls into.



De Nora 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.

De Nora India's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=1493.60/121.744
=12.27

De Nora India's Share Price of today is ₹1493.60.
De Nora India'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 ₹121.74.

* 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:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


De Nora India  (NSE:DENORA) 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.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

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.


De Nora India PS Ratio Related Terms

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De Nora India (NSE:DENORA) Business Description

Traded in Other Exchanges
Address
Kumdaim Industrial Estate, Plot Nos. 184, 185 & 189, Kundiam, GA, IND, 403115
De Nora India Ltd manufactures and sells electrolytic products in India. It is recognized as a supplier of technologies for the production of chlorine, caustic soda, and derivatives for the chlor-alkali industry as well as the worldwide manufacturer and recoater of noble metal-coated electrodes, electrolyzers, coating solutions for the electrochemical industry in general. The company's operating segment includes Electrode Technologies, which generates the majority of revenue, and Water Technologies. Geographically, it derives a majority of its revenue from India. The company serves various markets, such as agriculture and livestock, chlorine and caustic industry, bleaching chemicals, corrosion prevention, electronics, energy, food industry, marine, and others.

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