Ashok Leyland Limited, together with its subsidiaries, manufactures and sells commercial vehicles in India and internationally. The company offers city, inter-city, school and college, staff, tourist, stage carrier, and airport shuttle buses; haulage and ICV distribution trucks, as well as tractors and tippers; light and small commercial vehicles, goods carriers, and passenger vehicles; and defense vehicles comprising logistics, high mobility, armored, light tactical, tracked, and simulator vehicles. It also provides power solutions, such as diesel generators, agriculture engines, industrial engines, and marine engines; spare parts, including trailer axle and suspension, repair, and retro fitment kits; and vehicle and housing financing services. In addition, the company trades in commercial vehicles; offers manpower supply services and air chartering services; provides IT services; and driver training services, as well as manufactures forgings and castings. Further, it operates retail stores; and LeyKart, an e-commerce store for spare parts. The company was incorporated in 1948 and is headquartered in Chennai, India. Ashok Leyland Limited is a subsidiary of Hinduja Automotive Limited.
P/S ratio for Ashok Leyland Limited (ASHOKLEY.NS)
P/S ratio as of 2023: 1.12
According to Ashok Leyland Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.12. At the end of 2022 the company had a P/S ratio of 0.99.
P/S ratio history for Ashok Leyland Limited from 2004 to 2023
P/S ratio at the end of each year
| Year | P/S ratio |
|---|---|
| 2023 | 1.12 |
| 2022 | 0.99 |
| 2021 | 1.32 |
| 2020 | 1.72 |
| 2019 | 0.58 |
| 2018 | 0.81 |
| 2017 | 1.49 |
| 2016 | 1.09 |
| 2015 | 1.51 |
| 2014 | 1.35 |
| 2013 | 0.56 |
| 2012 | 0.48 |
| 2011 | 0.63 |
| 2010 | 0.68 |
| 2009 | 0.94 |
| 2008 | 0.40 |
| 2007 | 0.53 |
| 2006 | 0.60 |
| 2005 | 0.79 |
| 2004 | 0.52 |