Home > PS Ratio > NITTA GELATIN INDIA

NITTA GELATIN INDIA
PS (Price/Sales) Ratio

The Current P/S Ratio of NITTA GELATIN INDIA is 1.54.

Share Price ₹926.6Apr 16,2024
Market Cap ₹843.2 Cr
Sales-TTM₹548.0 CrTTM-Consolidated Results
Price/Sales1.54xCalculated as Market Cap/Sales
Explore Stock Analytics
COMMUNITY POLL
for NITTA GELATIN INDIA
Please provide your vote to see the results
NITTA GELATIN INDIA is part of below Screeners ↓
Top Small Cap Stocks with Best Fundamentals

Definition & Calculation of PS (Price/Sales) ratio of NITTA GELATIN INDIA

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 NITTA GELATIN INDIA is calculated as :

Current Market Cap [ ₹843.2 Cr] as on Apr 16,2024

(/) Sales [ ₹548.0 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 1.54x ]

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

Thus, for NITTA GELATIN INDIA , the investors are currently willing to pay '1.54 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 NITTA GELATIN INDIA !

The chart below summarizes the trend in P/S Ratio of NITTA GELATIN INDIA over the last five years.

Historical PS (Price/Sales) ratio chart of NITTA GELATIN INDIA


PS Ratio Performance Analysis for NITTA GELATIN INDIA

- NITTA GELATIN INDIA 's latest p/e ratio is 1.54x.

- NITTA GELATIN INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.59x.

- NITTA GELATIN INDIA 's operated at median p/e ratio of 0.38x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NITTA GELATIN INDIA 's p/e ratio peaked in Mar2023 at 1.43x.

- NITTA GELATIN INDIA 's p/e ratio hit its five-year low in Mar2020 of 0.24x.


How does NITTA GELATIN INDIA 's P/S Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Sales (Cr)PS RatioMarket Cap (Cr)
NITTA GELATIN INDIA 548.01.54843.2
PIDILITE INDUSTRIES LTD12,170.412.04146,535.0
SOLAR INDUSTRIES INDIA LTD6,387.411.9876,520.2
SRF LTD13,346.95.5974,630.9
GUJARAT FLUOROCHEMICALS LTD4,619.28.4138,858.9
DEEPAK NITRITE LTD7,517.04.2131,660.9
TATA CHEMICALS LTD16,353.01.7228,183.7
GODREJ INDUSTRIES LTD16,885.51.6828,302.2
AARTI INDUSTRIES LTD6,256.04.3427,164.2
ATUL LTD4,708.73.7417,599.8
VINATI ORGANICS LTD1,830.68.8516,204.5

Chemicals Industry Benchmark (Top 10) PS Analysis vs NITTA GELATIN INDIA 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.54x
Max industry PS 12.04x
Median industry PS 4.34x
Average industry PS 5.83x



You may also like the below Video Courses