Home > PS Ratio > COMMERCIAL SYN BAGS

COMMERCIAL SYN BAGS
PS (Price/Sales) Ratio

The Current P/S Ratio of COMMERCIAL SYN BAGS is 0.90.

Share Price ₹62.9Mar 28,2024
Market Cap ₹251.6 Cr
Sales-TTM₹279.4 CrTTM-Consolidated Results
Price/Sales0.90xCalculated as Market Cap/Sales
Explore Stock Analytics
COMMUNITY POLL
for COMMERCIAL SYN BAGS
Please provide your vote to see the results

Definition & Calculation of PS (Price/Sales) ratio of COMMERCIAL SYN BAGS

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 COMMERCIAL SYN BAGS is calculated as :

Current Market Cap [ ₹251.6 Cr] as on Mar 28,2024

(/) Sales [ ₹279.4 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 0.90x ]

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

Thus, for COMMERCIAL SYN BAGS , the investors are currently willing to pay '0.90 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 COMMERCIAL SYN BAGS !

The chart below summarizes the trend in P/S Ratio of COMMERCIAL SYN BAGS over the last five years.

Historical PS (Price/Sales) ratio chart of COMMERCIAL SYN BAGS


PS Ratio Performance Analysis for COMMERCIAL SYN BAGS

- COMMERCIAL SYN BAGS 's latest p/e ratio is 0.90x.

- COMMERCIAL SYN BAGS 's p/e ratio for fiscal years ending Mar2023 to Mar2020 averaged 0.76x.

- COMMERCIAL SYN BAGS 's operated at median p/e ratio of 1x from fiscal years ending March 2018 to 2022.

- Looking back at the last 4 fiscal years, COMMERCIAL SYN BAGS 's p/e ratio peaked in Mar2023 at 1.17x.

- COMMERCIAL SYN BAGS 's p/e ratio hit its five-year low in Mar2020 of 0.27x.


How does COMMERCIAL SYN BAGS 's P/S Ratio benchmark against top 10 peers in Plastic Products Industry?

Peer Comparison (Plastic Products Industry)Sales (Cr)PS RatioMarket Cap (Cr)
COMMERCIAL SYN BAGS 279.40.90251.6
ASTRAL LTD5,522.59.6853,468.9
SUPREME INDUSTRIES LTD9,724.75.5253,703.8
FINOLEX INDUSTRIES LTD4,223.13.6215,304.1
RESPONSIVE INDUSTRIES LTD1,035.97.277,527.8
PRINCE PIPES AND FITTINGS LTD2,593.02.346,074.8
EPL LTD3,856.21.475,670.3
JAI CORP LTD465.110.845,040.3
TIME TECHNOPLAST LTD4,790.61.185,659.6
GARWARE HITECH FILMS LTD1,579.52.574,057.2
JAIN IRRIGATION SYSTEMS LTD6,166.10.533,267.3

Plastic Products Industry Benchmark (Top 10) PS Analysis vs COMMERCIAL SYN BAGS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.53x
Max industry PS 10.84x
Median industry PS 2.57x
Average industry PS 4.17x



You may also like the below Video Courses