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GARWARE HITECH FILMS
PS (Price/Sales) Ratio

The Current P/S Ratio of GARWARE HITECH FILMS is 2.48.

Share Price ₹1,690.2Apr 19,2024
Market Cap ₹3,921.1 Cr
Sales-TTM₹1,579.5 CrTTM-Consolidated Results
Price/Sales2.48xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of GARWARE HITECH FILMS

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 GARWARE HITECH FILMS is calculated as :

Current Market Cap [ ₹3,921.1 Cr] as on Apr 19,2024

(/) Sales [ ₹1,579.5 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 2.48x ]

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

Thus, for GARWARE HITECH FILMS , the investors are currently willing to pay '2.48 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 GARWARE HITECH FILMS !

The chart below summarizes the trend in P/S Ratio of GARWARE HITECH FILMS over the last five years.

Historical PS (Price/Sales) ratio chart of GARWARE HITECH FILMS


PS Ratio Performance Analysis for GARWARE HITECH FILMS

- GARWARE HITECH FILMS 's latest p/e ratio is 2.48x.

- GARWARE HITECH FILMS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.94x.

- GARWARE HITECH FILMS 's operated at median p/e ratio of 0.85x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, GARWARE HITECH FILMS 's p/e ratio peaked in Mar2021 at 1.64x.

- GARWARE HITECH FILMS 's p/e ratio hit its five-year low in Mar2020 of 0.42x.


How does GARWARE HITECH FILMS 's P/S Ratio benchmark against top 10 peers in Plastic Products Industry?

Peer Comparison (Plastic Products Industry)Sales (Cr)PS RatioMarket Cap (Cr)
GARWARE HITECH FILMS 1,579.52.483,921.1
ASTRAL LTD5,522.59.4652,222.4
SUPREME INDUSTRIES LTD9,724.75.3151,672.0
FINOLEX INDUSTRIES LTD4,223.13.7015,636.0
RESPONSIVE INDUSTRIES LTD1,035.97.347,605.0
PRINCE PIPES AND FITTINGS LTD2,593.02.616,774.6
EPL LTD3,856.21.465,648.0
JAI CORP LTD465.111.305,253.6
TIME TECHNOPLAST LTD4,790.61.256,000.0
JAIN IRRIGATION SYSTEMS LTD6,166.10.623,795.2
MOLDTEK PACKAGING LTD706.54.022,839.2

Plastic Products Industry Benchmark (Top 10) PS Analysis vs GARWARE HITECH FILMS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.62x
Max industry PS 11.30x
Median industry PS 3.70x
Average industry PS 4.50x



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