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SIKKO INDUSTRIES
PS (Price/Sales) Ratio

The Current P/S Ratio of SIKKO INDUSTRIES is 2.25.

Share Price ₹72.3Apr 19,2024
Market Cap ₹121.5 Cr
Sales-TTM₹54.1 CrTTM-Standalone Results
Price/Sales2.25xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of SIKKO INDUSTRIES

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 SIKKO INDUSTRIES is calculated as :

Current Market Cap [ ₹121.5 Cr] as on Apr 19,2024

(/) Sales [ ₹54.1 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 2.25x ]

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

Thus, for SIKKO INDUSTRIES , the investors are currently willing to pay '2.25 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 SIKKO INDUSTRIES !

The chart below summarizes the trend in P/S Ratio of SIKKO INDUSTRIES over the last five years.

Historical PS (Price/Sales) ratio chart of SIKKO INDUSTRIES


PS Ratio Performance Analysis for SIKKO INDUSTRIES

- SIKKO INDUSTRIES 's latest p/e ratio is 2.25x.

- SIKKO INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.11x.

- SIKKO INDUSTRIES 's operated at median p/e ratio of 0.71x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SIKKO INDUSTRIES 's p/e ratio peaked in Mar2023 at 2.67x.

- SIKKO INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 0.33x.


How does SIKKO INDUSTRIES 's P/S Ratio benchmark against top 10 peers in Pesticides & Agrochemicals Industry?

Peer Comparison (Pesticides & Agrochemicals Industry)Sales (Cr)PS RatioMarket Cap (Cr)
SIKKO INDUSTRIES 54.12.25121.5
PI INDUSTRIES LTD7,490.47.5156,277.6
UPL LTD45,589.00.8036,554.6
BAYER CROPSCIENCE LTD5,294.24.8525,689.8
SUMITOMO CHEMICAL INDIA LTD2,821.37.0919,995.8
BASF INDIA LTD13,684.41.1415,622.4
RALLIS INDIA LTD2,734.62.005,467.5
DHANUKA AGRITECH LTD1,761.53.265,749.5
BHARAT RASAYAN LTD1,040.93.783,938.7
SHARDA CROPCHEM LTD3,332.80.973,223.6
INDIA PESTICIDES LTD752.33.462,601.0

Pesticides & Agrochemicals Industry Benchmark (Top 10) PS Analysis vs SIKKO INDUSTRIES 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.80x
Max industry PS 7.51x
Median industry PS 3.26x
Average industry PS 3.37x



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