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, Grindwell Norton's share price is ₹2369.10.
Grindwell Norton's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was ₹240.44. Hence, Grindwell Norton's PS Ratio for today is 9.85.
The historical rank and industry rank for Grindwell Norton's PS Ratio or its related term are showing as below:
BOM:506076'
s PS Ratio Range Over the Past 10 Years
Min: 1.74 Med: 3.91 Max: 11.5
Current: 9.85
During the past 13 years, Grindwell Norton's highest PS Ratio was 11.50. The lowest was 1.74. And the median was 3.91.
BOM:506076's PS Ratio is ranked worse than 96.28% of 1668
companies
in the Construction industry
Industry Median: 0.8
vs BOM:506076: 9.85
Grindwell Norton Ltd has shown predictable revenue and earnings growth.
During the past 12 months, the average Revenue per Share Growth Rate of Grindwell Norton was 9.70% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 17.20% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 10.80% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 9.40% per year.
During the past 13 years, Grindwell Norton's highest 3-Year average Revenue per Share Growth Rate was 23.50% per year. The lowest was 4.60% per year. And the median was 9.40% per year.
Back to Basics: PS Ratio
Grindwell Norton PS Ratio Historical Data
The historical data trend for Grindwell Norton'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 Grindwell Norton's PS Ratio
For the Building Products & Equipment subindustry, Grindwell Norton'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.
Grindwell Norton's PS Ratio Distribution in the Construction Industry
For the Construction industry and Industrials sector, Grindwell Norton's PS Ratio distribution charts can be found below:
* The bar in red indicates where Grindwell Norton's PS Ratio falls into.
Grindwell Norton 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.
Grindwell Norton's Share Price of today is ₹2369.10. Grindwell Norton's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹240.44.
* 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:
Grindwell Norton (BOM:506076) 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.
Grindwell Norton PS Ratio Related Terms
Thank you for viewing the detailed overview of Grindwell Norton's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Grindwell Norton (BOM:506076) Business Description
Grindwell Norton Ltd is a company that produces abrasives and ceramics products. The company's businesses are divided into major segments: Abrasives, Ceramics and Plastics, Digital Services and Others. The company manufactures various types of abrasives, which include bonded, coated, non-woven, construction, thin wheels, and super abrasives. Grindwell's Ceramics and Plastics division produces silicon carbide, high-temperature refractories, and fused cast ceramics. The silicon carbide products serve as raw materials that are used to create abrasives, and the company's refractories are structures used for processing both ferrous and non-ferrous metals. The company generates the vast majority of its revenue in India..
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