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HINDUSTAN ADHESIVES
PS (Price/Sales) Ratio

The Current P/S Ratio of HINDUSTAN ADHESIVES is 0.71.

Share Price ₹398.6Apr 24,2024
Market Cap ₹203.3 Cr
Sales-TTM₹286.8 CrTTM-Consolidated Results
Price/Sales0.71xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of HINDUSTAN ADHESIVES

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 HINDUSTAN ADHESIVES is calculated as :

Current Market Cap [ ₹203.3 Cr] as on Apr 24,2024

(/) Sales [ ₹286.8 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 0.71x ]

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

Thus, for HINDUSTAN ADHESIVES , the investors are currently willing to pay '0.71 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 HINDUSTAN ADHESIVES !

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

Historical PS (Price/Sales) ratio chart of HINDUSTAN ADHESIVES


PS Ratio Performance Analysis for HINDUSTAN ADHESIVES

- HINDUSTAN ADHESIVES 's latest p/e ratio is 0.71x.

- HINDUSTAN ADHESIVES 's p/e ratio for fiscal years ending Mar2023 to Mar2016 averaged 0.33x.

- HINDUSTAN ADHESIVES 's operated at median p/e ratio of 0.31x from fiscal years ending March 2018 to 2022.

- Looking back at the last 3 fiscal years, HINDUSTAN ADHESIVES 's p/e ratio peaked in Mar2017 at 0.4x.

- HINDUSTAN ADHESIVES 's p/e ratio hit its five-year low in Mar2016 of 0.27x.


How does HINDUSTAN ADHESIVES 's P/S Ratio benchmark against top 10 peers in Plastic Products Industry?

Peer Comparison (Plastic Products Industry)Sales (Cr)PS RatioMarket Cap (Cr)
HINDUSTAN ADHESIVES 286.80.71203.3
ASTRAL LTD5,522.59.6853,440.7
SUPREME INDUSTRIES LTD9,724.75.5553,968.0
FINOLEX INDUSTRIES LTD4,223.14.0317,013.5
RESPONSIVE INDUSTRIES LTD1,035.97.497,759.6
PRINCE PIPES AND FITTINGS LTD2,593.02.686,938.8
EPL LTD3,856.21.455,579.6
JAI CORP LTD465.112.215,678.3
TIME TECHNOPLAST LTD4,790.61.336,360.8
GARWARE HITECH FILMS LTD1,579.52.594,090.1
JAIN IRRIGATION SYSTEMS LTD6,166.10.654,034.2

Plastic Products Industry Benchmark (Top 10) PS Analysis vs HINDUSTAN ADHESIVES 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.65x
Max industry PS 12.21x
Median industry PS 2.68x
Average industry PS 4.40x



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