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JYOTI RESINS & ADHESIVES
PS (Price/Sales) Ratio

The Current P/S Ratio of JYOTI RESINS & ADHESIVES is 6.55.

Share Price ₹1,370.2Apr 19,2024
Market Cap ₹1,644.2 Cr
Sales-TTM₹251.1 CrTTM-Standalone Results
Price/Sales6.55xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of JYOTI RESINS & ADHESIVES

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 JYOTI RESINS & ADHESIVES is calculated as :

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 ]

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

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 latest p/e ratio is 6.55x.

- 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 RatioMarket Cap (Cr)
JYOTI RESINS & ADHESIVES 251.16.551,644.2
PIDILITE INDUSTRIES LTD12,170.411.82143,804.0
SOLAR INDUSTRIES INDIA LTD6,387.412.0877,156.8
SRF LTD13,346.95.6174,909.5
GUJARAT FLUOROCHEMICALS LTD4,619.28.5639,553.7
DEEPAK NITRITE LTD7,517.04.1230,963.9
TATA CHEMICALS LTD16,353.01.7228,108.5
GODREJ INDUSTRIES LTD16,885.51.6527,857.8
AARTI INDUSTRIES LTD6,256.04.1926,212.7
ATUL LTD4,708.73.6917,360.0
VINATI ORGANICS LTD1,830.69.3117,046.8

Chemicals Industry Benchmark (Top 10) PS Analysis vs JYOTI RESINS & ADHESIVES 's P/S Ratio

Top 10 Industry PeersPS 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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