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APOLLO PIPES
PS (Price/Sales) Ratio

The Current P/S Ratio of APOLLO PIPES is 2.75.

Share Price ₹652.8Apr 23,2024
Market Cap ₹2,702.4 Cr
Sales-TTM₹983.3 CrTTM-Standalone Results
Price/Sales2.75xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of APOLLO PIPES

Price-to-Sales ratio, P/S Multiple, or P/S Ratio is an important valuation multiple that is defined as:

P/S = Market Capitalization / Sales

or, using per-share numbers:

P/S = Stock Price / Sales Per Share

Applying the above formula, P/S ratio of APOLLO PIPES is calculated as :

Current Market Cap [ ₹2,702.4 Cr] as on Apr 23,2024

(/) Sales [ ₹983.3 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 2.75x ]

P/S Ratio indicates 'the multiple of sales' investors are willing to pay to own one share of the company.

Thus, for APOLLO PIPES , the investors are currently willing to pay '2.75 times sales' to own 1 share of the company.

PS Multiples are one of the most widely used valuation multiple in the industry.

P/S ratios can be a reliable benchmark to compare companies with negative earnings or book value.

You may also explore Price to Earnings ratio or Price to Book ratio of APOLLO PIPES !

The chart below summarizes the trend in P/S Ratio of APOLLO PIPES over the last five years.

Historical PS (Price/Sales) ratio chart of APOLLO PIPES


PS Ratio Performance Analysis for APOLLO PIPES

- APOLLO PIPES 's latest p/e ratio is 2.75x.

- APOLLO PIPES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.88x.

- APOLLO PIPES 's operated at median p/e ratio of 2.36x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, APOLLO PIPES 's p/e ratio peaked in Mar2021 at 2.5x.

- APOLLO PIPES 's p/e ratio hit its five-year low in Mar2020 of 0.78x.


How does APOLLO PIPES 's P/S Ratio benchmark against top 10 peers in Plastic Products Industry?

Peer Comparison (Plastic Products Industry)Sales (Cr)PS RatioMarket Cap (Cr)
APOLLO PIPES 983.32.752,702.4
ASTRAL LTD5,522.59.5352,626.7
SUPREME INDUSTRIES LTD9,724.75.4853,251.6
FINOLEX INDUSTRIES LTD4,223.13.7515,819.1
RESPONSIVE INDUSTRIES LTD1,035.97.417,675.7
PRINCE PIPES AND FITTINGS LTD2,593.02.656,869.2
EPL LTD3,856.21.475,667.1
JAI CORP LTD465.112.325,729.1
TIME TECHNOPLAST LTD4,790.61.266,037.5
GARWARE HITECH FILMS LTD1,579.52.564,043.1
JAIN IRRIGATION SYSTEMS LTD6,166.10.643,960.8

Plastic Products Industry Benchmark (Top 10) PS Analysis vs APOLLO PIPES 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.64x
Max industry PS 12.32x
Median industry PS 2.75x
Average industry PS 4.53x



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