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STYRENIX PERFORMANCE MATERIALS
PS (Price/Sales) Ratio

The Current P/S Ratio of STYRENIX PERFORMANCE MATERIALS is 1.33.

Share Price ₹1,676.4May 13,2024
Market Cap ₹2,950.5 Cr
Sales-TTM₹2,222.2 CrTTM-Standalone Results
Price/Sales1.33xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of STYRENIX PERFORMANCE MATERIALS

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 STYRENIX PERFORMANCE MATERIALS is calculated as :

Current Market Cap [ ₹2,950.5 Cr] as on May 13,2024

(/) Sales [ ₹2,222.2 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 1.33x ]

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

Thus, for STYRENIX PERFORMANCE MATERIALS , the investors are currently willing to pay '1.33 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 STYRENIX PERFORMANCE MATERIALS !

The chart below summarizes the trend in P/S Ratio of STYRENIX PERFORMANCE MATERIALS over the last five years.

Historical PS (Price/Sales) ratio chart of STYRENIX PERFORMANCE MATERIALS


PS Ratio Performance Analysis for STYRENIX PERFORMANCE MATERIALS

- STYRENIX PERFORMANCE MATERIALS 's latest p/e ratio is 1.33x.

- STYRENIX PERFORMANCE MATERIALS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.67x.

- STYRENIX PERFORMANCE MATERIALS 's operated at median p/e ratio of 0.57x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, STYRENIX PERFORMANCE MATERIALS 's p/e ratio peaked in Mar2021 at 1.01x.

- STYRENIX PERFORMANCE MATERIALS 's p/e ratio hit its five-year low in Mar2019 of 0.44x.


How does STYRENIX PERFORMANCE MATERIALS 's P/S Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Sales (Cr)PS RatioMarket Cap (Cr)
STYRENIX PERFORMANCE MATERIALS 2,222.21.332,950.5
PIDILITE INDUSTRIES LTD12,383.012.25151,723.0
SOLAR INDUSTRIES INDIA LTD6,387.412.1977,868.0
SRF LTD13,138.55.1667,762.7
GUJARAT FLUOROCHEMICALS LTD4,280.88.3635,773.8
DEEPAK NITRITE LTD7,517.04.4733,637.9
TATA CHEMICALS LTD15,421.01.7627,154.5
GODREJ INDUSTRIES LTD16,885.51.6027,022.8
AARTI INDUSTRIES LTD6,373.03.7123,673.3
ATUL LTD4,725.73.7017,488.3
VINATI ORGANICS LTD1,830.68.9116,303.5

Chemicals Industry Benchmark (Top 10) PS Analysis vs STYRENIX PERFORMANCE MATERIALS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.33x
Max industry PS 12.25x
Median industry PS 4.47x
Average industry PS 5.77x



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