Axis Bank (AXISBANK.NS) Price/Sales Ratio

Price: $1191.6
Market Cap: $3.69T
Avg Volume: 7.38M
Country: IN
Industry: Banks - Regional
Sector: Financial Services
Beta: 0.584
52W Range: $933.5-1339.65
Website: Axis Bank

What is Axis Bank's Price/Sales Ratio?

  • Axis Bank's trailing twelve month (TTM) Price/Sales ratio is 3.12.
  • Axis Bank's annual Price/Sales ratio as of today is 5.12.
  • Axis Bank's quarterly Price/Sales ratio is 15.75.

What is the Price/Sales Ratio?

The Price/Sales ratio (P/S ratio) is a valuation metric that compares a company's stock price to its revenues. A lower P/S ratio may indicate that a stock is undervalued.

How is the Price/Sales Ratio calculated?

The Price/Sales ratio is calculated by dividing the company's market capitalization by its total sales or revenue. The formula is:

P/S Ratio = Market Capitalization / Total Sales (Revenue)

Related Metrics

Other important metrics to assess Axis Bank's financial health include:

  • P/E Ratio (Price to Earnings Ratio) - measures the company's current share price relative to its per-share earnings:
    • Annual: 12.30
    • Quarterly: 12.22
    • TTM: 13.08
  • P/B Ratio (Price to Book Ratio) - compares the company's market value to its book value:
    • Annual: 2.07
    • Quarterly: 1.84
    • TTM: 2.05
  • P/C Ratio (Price to Cash Flow Ratio) - compares the company's market value to its cash flow:
    • Annual: 6.63
    • Quarterly: 0.00
    • TTM: 0.00
  • PEG Ratio (Price/Earnings to Growth Ratio) - measures the company's valuation considering its earnings growth:
    • Annual: 0.09
    • Quarterly: -1.36
    • TTM: 16.21

These metrics provide insights into Axis Bank's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Price/Sales Ratio

5.12

Quarterly Price/Sales Ratio

15.75

TTM Price/Sales Ratio

3.12

Axis Bank Historical Price/Sales Ratio
8.008.006.006.004.004.002.002.000.000.00Price/Sales Ratio201620162017201720182018201920192020202020212021202220222023202320242024
Historical P/E Ratio
280.00280.00210.00210.00140.00140.0070.0070.000.000.00P/E Ratio201620162017201720182018201920192020202020212021202220222023202320242024
Historical P/B Ratio
3.003.002.002.001.001.000.000.00P/B Ratio201620162017201720182018201920192020202020212021202220222023202320242024
Historical P/C Ratio
18.0018.0012.0012.006.006.000.000.00-6.00-6.00-12.00-12.00P/C Ratio201620162017201720182018201920192020202020212021202220222023202320242024
Historical PEG Ratio
2.002.001.001.000.000.00-1.00-1.00-2.00-2.00-3.00-3.00-4.00-4.00PEG Ratio201620162017201720182018201920192020202020212021202220222023202320242024

Axis Bank Historical Financial Metrics

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2024.

Year Price/Sales Ratio P/E Ratio P/B Ratio P/C Ratio PEG Ratio
2024 5.12 12.30 2.07 6.63 0.09
2023 4.20 24.39 2.03 11.95 -1.04
2022 4.56 16.53 1.97 8.30 0.18
2021 4.79 28.83 2.00 16.42 0.11
2020 2.55 55.53 1.19 3.38 -0.85
2019 5.76 39.04 2.90 5.30 0.04
2018 7.95 267.70 1.90 -3.18 -3.02
2017 6.28 29.67 2.08 3.64 -0.56
2016 4.53 12.65 1.97 -3.40 1.12
2015 6.33 17.75 2.94 -8.72 1.03

Related Metrics

Explore detailed financial metrics and analysis for AXISBANK.NS.