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TAMILNADU PETROPRODUCTS
PS (Price/Sales) Ratio

The Current P/S Ratio of TAMILNADU PETROPRODUCTS is 0.47.

Share Price ₹88.8Apr 24,2024
Market Cap ₹799.1 Cr
Sales-TTM₹1,710.6 CrTTM-Consolidated Results
Price/Sales0.47xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of TAMILNADU PETROPRODUCTS

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 TAMILNADU PETROPRODUCTS is calculated as :

Current Market Cap [ ₹799.1 Cr] as on Apr 24,2024

(/) Sales [ ₹1,710.6 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 0.47x ]

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

Thus, for TAMILNADU PETROPRODUCTS , the investors are currently willing to pay '0.47 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 TAMILNADU PETROPRODUCTS !

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

Historical PS (Price/Sales) ratio chart of TAMILNADU PETROPRODUCTS


PS Ratio Performance Analysis for TAMILNADU PETROPRODUCTS

- TAMILNADU PETROPRODUCTS 's latest p/e ratio is 0.47x.

- TAMILNADU PETROPRODUCTS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.34x.

- TAMILNADU PETROPRODUCTS 's operated at median p/e ratio of 0.3x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TAMILNADU PETROPRODUCTS 's p/e ratio peaked in Mar2022 at 0.57x.

- TAMILNADU PETROPRODUCTS 's p/e ratio hit its five-year low in Mar2020 of 0.18x.


How does TAMILNADU PETROPRODUCTS 's P/S Ratio benchmark against top 10 peers in Petrochemicals Industry?

Peer Comparison (Petrochemicals Industry)Sales (Cr)PS RatioMarket Cap (Cr)
TAMILNADU PETROPRODUCTS 1,710.60.47799.1
RAIN INDUSTRIES LTD124.147.845,939.9
AGARWAL INDUSTRIAL CORPORATION LTD2,008.40.671,345.6
VIKAS LIFECARE LTD432.32.29991.3
KOTHARI PETROCHEMICALS LTD572.11.38788.3
ORICON ENTERPRISES LTD515.61.30671.7
MULTIBASE INDIA LTD68.15.56379.1

Petrochemicals Industry Benchmark (Top 10) PS Analysis vs TAMILNADU PETROPRODUCTS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.47x
Max industry PS 47.84x
Median industry PS 1.38x
Average industry PS 8.50x



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