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TARSONS PRODUCTS
PS (Price/Sales) Ratio

The Current P/S Ratio of TARSONS PRODUCTS is 8.56.

Share Price ₹438.9May 17,2024
Market Cap ₹2,334.9 Cr
Sales-TTM₹272.7 CrTTM-Standalone Results
Price/Sales8.56xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of TARSONS PRODUCTS

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 TARSONS PRODUCTS is calculated as :

Current Market Cap [ ₹2,334.9 Cr] as on May 17,2024

(/) Sales [ ₹272.7 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 8.56x ]

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

Thus, for TARSONS PRODUCTS , the investors are currently willing to pay '8.56 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 TARSONS PRODUCTS !

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

Historical PS (Price/Sales) ratio chart of TARSONS PRODUCTS


PS Ratio Performance Analysis for TARSONS PRODUCTS

- TARSONS PRODUCTS 's latest p/e ratio is 8.56x.

- TARSONS PRODUCTS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.49x.

- TARSONS PRODUCTS 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TARSONS PRODUCTS 's p/e ratio peaked in Mar2022 at 12.46x.

- TARSONS PRODUCTS 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does TARSONS PRODUCTS 's P/S Ratio benchmark against top 10 peers in Plastic Products Industry?

Peer Comparison (Plastic Products Industry)Sales (Cr)PS RatioMarket Cap (Cr)
TARSONS PRODUCTS 272.78.562,334.9
ASTRAL LTD5,522.511.2161,899.7
SUPREME INDUSTRIES LTD10,134.37.0271,110.9
FINOLEX INDUSTRIES LTD4,317.44.2518,335.1
RESPONSIVE INDUSTRIES LTD1,035.97.547,814.3
PRINCE PIPES AND FITTINGS LTD2,568.82.887,390.5
EPL LTD3,856.21.616,210.0
JAI CORP LTD465.111.535,361.5
TIME TECHNOPLAST LTD4,790.61.376,560.5
GARWARE HITECH FILMS LTD1,579.52.453,866.8
JAIN IRRIGATION SYSTEMS LTD6,166.10.754,648.9

Plastic Products Industry Benchmark (Top 10) PS Analysis vs TARSONS PRODUCTS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.75x
Max industry PS 11.53x
Median industry PS 4.25x
Average industry PS 5.38x



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