JAIN IRRIGATION SYSTEMS
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The Current P/S Ratio of JAIN IRRIGATION SYSTEMS is 0.64.
Share Price | ₹58.8 | Apr 25,2024 |
Market Cap | ₹3,925.6 Cr | |
Sales-TTM | ₹6,166.1 Cr | TTM-Consolidated Results |
Price/Sales | 0.64x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of JAIN IRRIGATION SYSTEMS
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
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 ]
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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
JAIN IRRIGATION SYSTEMS | 6,166.1 | 0.64 | 3,925.6 |
ASTRAL LTD | 5,522.5 | 9.77 | 53,940.3 |
SUPREME INDUSTRIES LTD | 9,724.7 | 5.62 | 54,641.2 |
FINOLEX INDUSTRIES LTD | 4,223.1 | 3.98 | 16,814.9 |
RESPONSIVE INDUSTRIES LTD | 1,035.9 | 7.44 | 7,705.0 |
PRINCE PIPES AND FITTINGS LTD | 2,593.0 | 2.66 | 6,904.0 |
EPL LTD | 3,856.2 | 1.46 | 5,643.3 |
JAI CORP LTD | 465.1 | 12.32 | 5,729.1 |
TIME TECHNOPLAST LTD | 4,790.6 | 1.30 | 6,233.7 |
GARWARE HITECH FILMS LTD | 1,579.5 | 2.59 | 4,091.9 |
MOLDTEK PACKAGING LTD | 706.5 | 3.94 | 2,786.7 |
Plastic Products Industry Benchmark (Top 10) PS Analysis vs JAIN IRRIGATION SYSTEMS 's P/S Ratio
Top 10 Industry Peers | PS 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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