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DEEP POLYMERS
PS (Price/Sales) Ratio

The Current P/S Ratio of DEEP POLYMERS is 2.12.

Share Price ₹94.3Apr 19,2024
Market Cap ₹228.2 Cr
Sales-TTM₹107.4 CrTTM-Consolidated Results
Price/Sales2.12xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of DEEP POLYMERS

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 DEEP POLYMERS is calculated as :

Current Market Cap [ ₹228.2 Cr] as on Apr 19,2024

(/) Sales [ ₹107.4 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 2.12x ]

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

Thus, for DEEP POLYMERS , the investors are currently willing to pay '2.12 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 DEEP POLYMERS !

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

Historical PS (Price/Sales) ratio chart of DEEP POLYMERS


PS Ratio Performance Analysis for DEEP POLYMERS

- DEEP POLYMERS 's latest p/e ratio is 2.12x.

- DEEP POLYMERS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.22x.

- DEEP POLYMERS 's operated at median p/e ratio of 1.85x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, DEEP POLYMERS 's p/e ratio peaked in Mar2020 at 3.18x.

- DEEP POLYMERS 's p/e ratio hit its five-year low in Mar2019 of 1.51x.


How does DEEP POLYMERS 's P/S Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Sales (Cr)PS RatioMarket Cap (Cr)
DEEP POLYMERS 107.42.12228.2
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 DEEP POLYMERS '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 5.90x



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