Price to Sales ratio Analysis of Dr. Reddy’s Laboratories Ltd. - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY PS
Period Ending - Mar-24
Excellent PS
0.0410
Period Ending - Mar-23
Excellent PS
0.0464
Growth
-11.60 %
Trailing Twelve Months PS
Period Ending - Mar-24
Excellent PS
0.0410
PS Analysis of Dr. Reddy’s Laboratories Ltd.
| P/S Ratio 0.0410 of Dr. Reddy’s Laboratories Ltd. indicates that stock price is low compared to sales of the company and may be undervalued. |
| PS Ratio of RDY has fallen by -11.60 % Compared to previous Financial Year. |
| PS Ratio with value of 0.065 was highest in Year Mar-20 in last Five Years. |
| PS Ratio of RDY trending down for at least three Years. |
| Latest PS Ratio with value of 0.0410 is lower than Average PS of 0.053 in last five years. |
Other PS Related Info of RDY that may interest you.
Dr. Reddy’s Laboratories Ltd. Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| RDY | 68.68 | 69.86 | 1.69 % | Drug Manufacturers-Specialty & Generic |
Defination of Price to Sales
The Price to Sales Ratio indicates how much investors are willing to pay for each rupee of sales generated by a company. Price-to-Sales Ratio is used to determine whether a stock is currently profitable or less profitable, which is helpful for better investment decisions. more ..
PS Related Ratios
| PriceToBookRatio | PriceToEarningRatio | AssetTurnoverRatio |
Tsr Value Index
| Excellent Value | |
FY - Historical Price to Sales of Dr. Reddy’s Laboratories Ltd.
| Period | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 |
|---|---|---|---|---|---|---|---|
| PS | 0.0410 | 0.0464 | 0.053 | 0.060 | 0.065 | 0.074 | 0.080 |
| Change | -11.60 % | -12.93 % | -11.50 % | -7.84 % | -11.94 % | -7.69 % | -1.33 % |
FY Chart of Price to Sales of Dr. Reddy’s Laboratories Ltd.
Note : All Data Generated at the End of Trading Hours (EOD Data)