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FINEOTEX CHEMICAL
PS (Price/Sales) Ratio

The Current P/S Ratio of FINEOTEX CHEMICAL is 7.59.

Share Price ₹379.5Apr 26,2024
Market Cap ₹4,204.9 Cr
Sales-TTM₹553.6 CrTTM-Consolidated Results
Price/Sales7.59xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of FINEOTEX CHEMICAL

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 FINEOTEX CHEMICAL is calculated as :

Current Market Cap [ ₹4,204.9 Cr] as on Apr 26,2024

(/) Sales [ ₹553.6 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 7.59x ]

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

Thus, for FINEOTEX CHEMICAL , the investors are currently willing to pay '7.59 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 FINEOTEX CHEMICAL !

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

Historical PS (Price/Sales) ratio chart of FINEOTEX CHEMICAL


PS Ratio Performance Analysis for FINEOTEX CHEMICAL

- FINEOTEX CHEMICAL 's latest p/e ratio is 7.59x.

- FINEOTEX CHEMICAL 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.42x.

- FINEOTEX CHEMICAL 's operated at median p/e ratio of 3.34x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, FINEOTEX CHEMICAL 's p/e ratio peaked in Mar2022 at 5.42x.

- FINEOTEX CHEMICAL 's p/e ratio hit its five-year low in Mar2020 of 0.84x.


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

Peer Comparison (Chemicals Industry)Sales (Cr)PS RatioMarket Cap (Cr)
FINEOTEX CHEMICAL 553.67.594,204.9
PIDILITE INDUSTRIES LTD12,170.412.46151,652.0
SOLAR INDUSTRIES INDIA LTD6,387.412.4579,493.7
SRF LTD13,346.95.8678,183.5
GUJARAT FLUOROCHEMICALS LTD4,619.28.6940,128.2
DEEPAK NITRITE LTD7,517.04.5033,801.6
TATA CHEMICALS LTD16,353.01.7528,595.1
GODREJ INDUSTRIES LTD16,885.51.7329,278.6
AARTI INDUSTRIES LTD6,256.04.3427,162.4
ATUL LTD4,725.73.6917,455.3
VINATI ORGANICS LTD1,830.69.2816,989.2

Chemicals Industry Benchmark (Top 10) PS Analysis vs FINEOTEX CHEMICAL 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.73x
Max industry PS 12.46x
Median industry PS 5.86x
Average industry PS 6.58x



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