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SUKHJIT STARCH & CHEMICALS
PS (Price/Sales) Ratio

The Current P/S Ratio of SUKHJIT STARCH & CHEMICALS is 0.53.

Share Price ₹473.7Apr 22,2024
Market Cap ₹738.9 Cr
Sales-TTM₹1,396.7 CrTTM-Consolidated Results
Price/Sales0.53xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of SUKHJIT STARCH & CHEMICALS

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 SUKHJIT STARCH & CHEMICALS is calculated as :

Current Market Cap [ ₹738.9 Cr] as on Apr 22,2024

(/) Sales [ ₹1,396.7 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 0.53x ]

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

Thus, for SUKHJIT STARCH & CHEMICALS , the investors are currently willing to pay '0.53 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 SUKHJIT STARCH & CHEMICALS !

The chart below summarizes the trend in P/S Ratio of SUKHJIT STARCH & CHEMICALS over the last five years.

Historical PS (Price/Sales) ratio chart of SUKHJIT STARCH & CHEMICALS


PS Ratio Performance Analysis for SUKHJIT STARCH & CHEMICALS

- SUKHJIT STARCH & CHEMICALS 's latest p/e ratio is 0.53x.

- SUKHJIT STARCH & CHEMICALS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.46x.

- SUKHJIT STARCH & CHEMICALS 's operated at median p/e ratio of 0.42x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SUKHJIT STARCH & CHEMICALS 's p/e ratio peaked in Mar2022 at 0.71x.

- SUKHJIT STARCH & CHEMICALS 's p/e ratio hit its five-year low in Mar2020 of 0.25x.


How does SUKHJIT STARCH & CHEMICALS 's P/S Ratio benchmark against top 10 peers in Consumer Food Industry?

Peer Comparison (Consumer Food Industry)Sales (Cr)PS RatioMarket Cap (Cr)
SUKHJIT STARCH & CHEMICALS 1,396.70.53738.9
NESTLE INDIA LTD19,126.312.40237,101.0
VARUN BEVERAGES LTD16,321.111.39185,925.0
BRITANNIA INDUSTRIES LTD16,723.16.85114,538.0
MARICO LTD9,615.06.8165,449.2
JUBILANT FOODWORKS LTD5,351.15.4128,957.3
HATSUN AGRO PRODUCT LTD7,733.02.9522,802.7
DEVYANI INTERNATIONAL LTD3,264.26.0219,649.5
BIKAJI FOODS INTERNATIONAL LTD2,177.25.9212,882.2
SAPPHIRE FOODS INDIA LTD2,523.03.749,428.3
GODREJ AGROVET LTD9,521.31.1110,609.1

Consumer Food Industry Benchmark (Top 10) PS Analysis vs SUKHJIT STARCH & CHEMICALS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.53x
Max industry PS 12.40x
Median industry PS 5.92x
Average industry PS 5.74x



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