JYOTI RESINS & ADHESIVES
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The Current P/S Ratio of JYOTI RESINS & ADHESIVES is 6.55.
Share Price | ₹1,370.2 | Apr 19,2024 |
Market Cap | ₹1,644.2 Cr | |
Sales-TTM | ₹251.1 Cr | TTM-Standalone Results |
Price/Sales | 6.55x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of JYOTI RESINS & ADHESIVES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹1,644.2 Cr] as on Apr 19,2024
(/) Sales [ ₹251.1 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 6.55x ]
Thus, for JYOTI RESINS & ADHESIVES , the investors are currently willing to pay '6.55 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 JYOTI RESINS & ADHESIVES !
The chart below summarizes the trend in P/S Ratio of JYOTI RESINS & ADHESIVES over the last five years.
Historical PS (Price/Sales) ratio chart of JYOTI RESINS & ADHESIVES
PS Ratio Performance Analysis for JYOTI RESINS & ADHESIVES
- JYOTI RESINS & ADHESIVES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.79x.
- JYOTI RESINS & ADHESIVES 's operated at median p/e ratio of 2.07x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, JYOTI RESINS & ADHESIVES 's p/e ratio peaked in Mar2023 at 5.84x.
- JYOTI RESINS & ADHESIVES 's p/e ratio hit its five-year low in Mar2019 of 0.59x.
How does JYOTI RESINS & ADHESIVES 's P/S Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
JYOTI RESINS & ADHESIVES | 251.1 | 6.55 | 1,644.2 |
PIDILITE INDUSTRIES LTD | 12,170.4 | 11.82 | 143,804.0 |
SOLAR INDUSTRIES INDIA LTD | 6,387.4 | 12.08 | 77,156.8 |
SRF LTD | 13,346.9 | 5.61 | 74,909.5 |
GUJARAT FLUOROCHEMICALS LTD | 4,619.2 | 8.56 | 39,553.7 |
DEEPAK NITRITE LTD | 7,517.0 | 4.12 | 30,963.9 |
TATA CHEMICALS LTD | 16,353.0 | 1.72 | 28,108.5 |
GODREJ INDUSTRIES LTD | 16,885.5 | 1.65 | 27,857.8 |
AARTI INDUSTRIES LTD | 6,256.0 | 4.19 | 26,212.7 |
ATUL LTD | 4,708.7 | 3.69 | 17,360.0 |
VINATI ORGANICS LTD | 1,830.6 | 9.31 | 17,046.8 |
Chemicals Industry Benchmark (Top 10) PS Analysis vs JYOTI RESINS & ADHESIVES 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 1.65x |
Max industry PS | 12.08x |
Median industry PS | 5.61x |
Average industry PS | 6.30x |
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