APOLLO TYRES
|
The Current P/S Ratio of APOLLO TYRES is 1.22.
Share Price | ₹486.7 | Apr 24,2024 |
Market Cap | ₹30,910.3 Cr | |
Sales-TTM | ₹25,366.8 Cr | TTM-Consolidated Results |
Price/Sales | 1.22x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of APOLLO TYRES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹30,910.3 Cr] as on Apr 24,2024
(/) Sales [ ₹25,366.8 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 1.22x ]
Thus, for APOLLO TYRES , the investors are currently willing to pay '1.22 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 TYRES !
The chart below summarizes the trend in P/S Ratio of APOLLO TYRES over the last five years.
Historical PS (Price/Sales) ratio chart of APOLLO TYRES
PS Ratio Performance Analysis for APOLLO TYRES
- APOLLO TYRES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.65x.
- APOLLO TYRES 's operated at median p/e ratio of 0.72x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, APOLLO TYRES 's p/e ratio peaked in Mar2023 at 0.83x.
- APOLLO TYRES 's p/e ratio hit its five-year low in Mar2020 of 0.28x.
How does APOLLO TYRES 's P/S Ratio benchmark against top 10 peers in Tyres & Allied Industry?
Peer Comparison (Tyres & Allied Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
APOLLO TYRES | 25,366.8 | 1.22 | 30,910.3 |
MRF LTD | 24,661.6 | 2.21 | 54,505.5 |
BALKRISHNA INDUSTRIES LTD | 9,004.0 | 5.01 | 45,127.0 |
JK TYRE & INDUSTRIES LTD | 14,935.8 | 0.71 | 10,603.6 |
CEAT LTD | 11,826.5 | 0.87 | 10,234.7 |
TVS SRICHAKRA LTD | 2,843.6 | 1.11 | 3,161.9 |
GOODYEAR INDIA LTD | 2,653.8 | 1.02 | 2,704.6 |
Tyres & Allied Industry Benchmark (Top 10) PS Analysis vs APOLLO TYRES 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.71x |
Max industry PS | 5.01x |
Median industry PS | 1.11x |
Average industry PS | 1.74x |
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