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INDOKEM
PS (Price/Sales) Ratio

The Current P/S Ratio of INDOKEM is 2.15.

Share Price ₹98.0Apr 26,2024
Market Cap ₹273.4 Cr
Sales-TTM₹127.1 CrTTM-Standalone Results
Price/Sales2.15xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of INDOKEM

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 INDOKEM is calculated as :

Current Market Cap [ ₹273.4 Cr] as on Apr 26,2024

(/) Sales [ ₹127.1 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 2.15x ]

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

Thus, for INDOKEM , the investors are currently willing to pay '2.15 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 INDOKEM !

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

Historical PS (Price/Sales) ratio chart of INDOKEM


PS Ratio Performance Analysis for INDOKEM

- INDOKEM 's latest p/e ratio is 2.15x.

- INDOKEM 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.93x.

- INDOKEM 's operated at median p/e ratio of 0.77x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, INDOKEM 's p/e ratio peaked in Mar2023 at 2.25x.

- INDOKEM 's p/e ratio hit its five-year low in Mar2020 of 0.26x.


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

Peer Comparison (Chemicals Industry)Sales (Cr)PS RatioMarket Cap (Cr)
INDOKEM 127.12.15273.4
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 INDOKEM 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.73x
Max industry PS 12.46x
Median industry PS 4.50x
Average industry PS 6.08x



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