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HUHTAMAKI INDIA
PS (Price/Sales) Ratio

The Current P/S Ratio of HUHTAMAKI INDIA is 0.98.

Share Price ₹329.3Apr 19,2024
Market Cap ₹2,486.2 Cr
Sales-TTM₹2,549.4 CrTTM-Standalone Results
Price/Sales0.98xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of HUHTAMAKI INDIA

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 HUHTAMAKI INDIA is calculated as :

Current Market Cap [ ₹2,486.2 Cr] as on Apr 19,2024

(/) Sales [ ₹2,549.4 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 0.98x ]

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

Thus, for HUHTAMAKI INDIA , the investors are currently willing to pay '0.98 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 HUHTAMAKI INDIA !

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

Historical PS (Price/Sales) ratio chart of HUHTAMAKI INDIA


PS Ratio Performance Analysis for HUHTAMAKI INDIA

- HUHTAMAKI INDIA 's latest p/e ratio is 0.98x.

- HUHTAMAKI INDIA 's p/e ratio for fiscal years ending Dec2023 to Dec2019 averaged 0.74x.

- HUHTAMAKI INDIA 's operated at median p/e ratio of 0.72x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HUHTAMAKI INDIA 's p/e ratio peaked in Dec2020 at 0.96x.

- HUHTAMAKI INDIA 's p/e ratio hit its five-year low in Dec2022 of 0.5x.


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

Peer Comparison (Plastic Products Industry)Sales (Cr)PS RatioMarket Cap (Cr)
HUHTAMAKI INDIA 2,549.40.982,486.2
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
GARWARE HITECH FILMS LTD1,579.52.493,926.6
JAIN IRRIGATION SYSTEMS LTD6,166.10.623,795.2

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

Top 10 Industry PeersPS Ratio
Min industry PS 0.62x
Max industry PS 11.30x
Median industry PS 2.61x
Average industry PS 4.23x



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