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ISHAN DYES & CHEMICALS
PS (Price/Sales) Ratio

The Current P/S Ratio of ISHAN DYES & CHEMICALS is 1.67.

Share Price ₹51.2Apr 24,2024
Market Cap ₹107.4 Cr
Sales-TTM₹64.4 CrTTM-Standalone Results
Price/Sales1.67xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of ISHAN DYES & CHEMICALS

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 ISHAN DYES & CHEMICALS is calculated as :

Current Market Cap [ ₹107.4 Cr] as on Apr 24,2024

(/) Sales [ ₹64.4 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 1.67x ]

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

Thus, for ISHAN DYES & CHEMICALS , the investors are currently willing to pay '1.67 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 ISHAN DYES & CHEMICALS !

The chart below summarizes the trend in P/S Ratio of ISHAN DYES & CHEMICALS over the last five years.

Historical PS (Price/Sales) ratio chart of ISHAN DYES & CHEMICALS


PS Ratio Performance Analysis for ISHAN DYES & CHEMICALS

- ISHAN DYES & CHEMICALS 's latest p/e ratio is 1.67x.

- ISHAN DYES & CHEMICALS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.27x.

- ISHAN DYES & CHEMICALS 's operated at median p/e ratio of 0.96x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ISHAN DYES & CHEMICALS 's p/e ratio peaked in Mar2022 at 2.76x.

- ISHAN DYES & CHEMICALS 's p/e ratio hit its five-year low in Mar2020 of 0.4x.


How does ISHAN DYES & CHEMICALS 's P/S Ratio benchmark against top 10 peers in Dyes & Pigments Industry?

Peer Comparison (Dyes & Pigments Industry)Sales (Cr)PS RatioMarket Cap (Cr)
ISHAN DYES & CHEMICALS 64.41.67107.4
SUDARSHAN CHEMICAL INDUSTRIES LTD2,465.72.085,125.2
VIDHI SPECIALTY FOOD INGREDIENTS LTD312.37.582,365.9
KIRI INDUSTRIES LTD899.02.191,966.6
BODAL CHEMICALS LTD1,390.60.731,008.8
BHAGERIA INDUSTRIES LTD457.11.71781.5
SHREE PUSHKAR CHEMICALS & FERTILISERS LTD715.70.83593.1
ASAHI SONGWON COLORS LTD424.01.00425.9
PODDAR PIGMENTS LTD357.71.03368.1
DYNEMIC PRODUCTS LTD277.51.30361.3
VIPUL ORGANICS LTD141.51.68237.3

Dyes & Pigments Industry Benchmark (Top 10) PS Analysis vs ISHAN DYES & CHEMICALS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.73x
Max industry PS 7.58x
Median industry PS 1.67x
Average industry PS 1.98x



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