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INDIA GLYCOLS
PS (Price/Sales) Ratio

The Current P/S Ratio of INDIA GLYCOLS is 0.34.

Share Price ₹820.8May 03,2024
Market Cap ₹2,544.5 Cr
Sales-TTM₹7,498.1 CrTTM-Consolidated Results
Price/Sales0.34xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of INDIA GLYCOLS

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 INDIA GLYCOLS is calculated as :

Current Market Cap [ ₹2,544.5 Cr] as on May 03,2024

(/) Sales [ ₹7,498.1 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 0.34x ]

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

Thus, for INDIA GLYCOLS , the investors are currently willing to pay '0.34 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 INDIA GLYCOLS !

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

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


PS Ratio Performance Analysis for INDIA GLYCOLS

- INDIA GLYCOLS 's latest p/e ratio is 0.34x.

- INDIA GLYCOLS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.56x.

- INDIA GLYCOLS 's operated at median p/e ratio of 0.56x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, INDIA GLYCOLS 's p/e ratio peaked in Mar2022 at 1.09x.

- INDIA GLYCOLS 's p/e ratio hit its five-year low in Mar2020 of 0.19x.


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

Peer Comparison (Chemicals Industry)Sales (Cr)PS RatioMarket Cap (Cr)
INDIA GLYCOLS 7,498.10.342,544.5
PIDILITE INDUSTRIES LTD12,170.412.33150,032.0
SOLAR INDUSTRIES INDIA LTD6,387.412.7581,439.7
SRF LTD13,346.95.7076,073.0
GUJARAT FLUOROCHEMICALS LTD4,619.28.5239,348.3
DEEPAK NITRITE LTD7,517.04.4433,339.9
TATA CHEMICALS LTD15,421.01.8027,786.3
GODREJ INDUSTRIES LTD16,885.51.7329,278.6
AARTI INDUSTRIES LTD6,256.04.2826,783.6
ATUL LTD4,725.73.8318,077.7
VINATI ORGANICS LTD1,830.69.2116,865.9

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

Top 10 Industry PeersPS Ratio
Min industry PS 0.34x
Max industry PS 12.75x
Median industry PS 4.44x
Average industry PS 5.90x



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