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CHEMCON SPECIALITY CHEMICALS
PS (Price/Sales) Ratio

The Current P/S Ratio of CHEMCON SPECIALITY CHEMICALS is 3.22.

Share Price ₹252.5Apr 19,2024
Market Cap ₹924.0 Cr
Sales-TTM₹286.6 CrTTM-Standalone Results
Price/Sales3.22xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of CHEMCON SPECIALITY CHEMICALS

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 CHEMCON SPECIALITY CHEMICALS is calculated as :

Current Market Cap [ ₹924.0 Cr] as on Apr 19,2024

(/) Sales [ ₹286.6 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 3.22x ]

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

Thus, for CHEMCON SPECIALITY CHEMICALS , the investors are currently willing to pay '3.22 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 CHEMCON SPECIALITY CHEMICALS !

The chart below summarizes the trend in P/S Ratio of CHEMCON SPECIALITY CHEMICALS over the last five years.

Historical PS (Price/Sales) ratio chart of CHEMCON SPECIALITY CHEMICALS


PS Ratio Performance Analysis for CHEMCON SPECIALITY CHEMICALS

- CHEMCON SPECIALITY CHEMICALS 's latest p/e ratio is 3.22x.

- CHEMCON SPECIALITY CHEMICALS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.54x.

- CHEMCON SPECIALITY CHEMICALS 's operated at median p/e ratio of 2.77x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, CHEMCON SPECIALITY CHEMICALS 's p/e ratio peaked in Mar2021 at 6.13x.

- CHEMCON SPECIALITY CHEMICALS 's p/e ratio hit its five-year low in Mar2020 of 0x.


How does CHEMCON SPECIALITY CHEMICALS 's P/S Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Sales (Cr)PS RatioMarket Cap (Cr)
CHEMCON SPECIALITY CHEMICALS 286.63.22924.0
PIDILITE INDUSTRIES LTD12,170.411.82143,804.0
SOLAR INDUSTRIES INDIA LTD6,387.412.0877,156.8
SRF LTD13,346.95.6174,909.5
GUJARAT FLUOROCHEMICALS LTD4,619.28.5639,553.7
DEEPAK NITRITE LTD7,517.04.1230,963.9
TATA CHEMICALS LTD16,353.01.7228,108.5
GODREJ INDUSTRIES LTD16,885.51.6527,857.8
AARTI INDUSTRIES LTD6,256.04.1926,212.7
ATUL LTD4,708.73.6917,360.0
VINATI ORGANICS LTD1,830.69.3117,046.8

Chemicals Industry Benchmark (Top 10) PS Analysis vs CHEMCON SPECIALITY CHEMICALS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.65x
Max industry PS 12.08x
Median industry PS 4.19x
Average industry PS 6.00x



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