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JAIN IRRIGATION SYSTEMS
PS (Price/Sales) Ratio

The Current P/S Ratio of JAIN IRRIGATION SYSTEMS is 0.64.

Share Price ₹58.8Apr 25,2024
Market Cap ₹3,925.6 Cr
Sales-TTM₹6,166.1 CrTTM-Consolidated Results
Price/Sales0.64xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of JAIN IRRIGATION SYSTEMS

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 JAIN IRRIGATION SYSTEMS is calculated as :

Current Market Cap [ ₹3,925.6 Cr] as on Apr 25,2024

(/) Sales [ ₹6,166.1 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 0.64x ]

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

Thus, for JAIN IRRIGATION SYSTEMS , the investors are currently willing to pay '0.64 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 JAIN IRRIGATION SYSTEMS !

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

Historical PS (Price/Sales) ratio chart of JAIN IRRIGATION SYSTEMS


PS Ratio Performance Analysis for JAIN IRRIGATION SYSTEMS

- JAIN IRRIGATION SYSTEMS 's latest p/e ratio is 0.64x.

- JAIN IRRIGATION SYSTEMS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.29x.

- JAIN IRRIGATION SYSTEMS 's operated at median p/e ratio of 0.35x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, JAIN IRRIGATION SYSTEMS 's p/e ratio peaked in Mar2022 at 0.53x.

- JAIN IRRIGATION SYSTEMS 's p/e ratio hit its five-year low in Mar2020 of 0.03x.


How does JAIN IRRIGATION SYSTEMS 's P/S Ratio benchmark against top 10 peers in Plastic Products Industry?

Peer Comparison (Plastic Products Industry)Sales (Cr)PS RatioMarket Cap (Cr)
JAIN IRRIGATION SYSTEMS 6,166.10.643,925.6
ASTRAL LTD5,522.59.7753,940.3
SUPREME INDUSTRIES LTD9,724.75.6254,641.2
FINOLEX INDUSTRIES LTD4,223.13.9816,814.9
RESPONSIVE INDUSTRIES LTD1,035.97.447,705.0
PRINCE PIPES AND FITTINGS LTD2,593.02.666,904.0
EPL LTD3,856.21.465,643.3
JAI CORP LTD465.112.325,729.1
TIME TECHNOPLAST LTD4,790.61.306,233.7
GARWARE HITECH FILMS LTD1,579.52.594,091.9
MOLDTEK PACKAGING LTD706.53.942,786.7

Plastic Products Industry Benchmark (Top 10) PS Analysis vs JAIN IRRIGATION SYSTEMS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.64x
Max industry PS 12.32x
Median industry PS 3.94x
Average industry PS 4.70x



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