TARSONS PRODUCTS
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The Current P/S Ratio of TARSONS PRODUCTS is 8.56.
Share Price | ₹438.9 | May 17,2024 |
Market Cap | ₹2,334.9 Cr | |
Sales-TTM | ₹272.7 Cr | TTM-Standalone Results |
Price/Sales | 8.56x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of TARSONS PRODUCTS
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
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 ]
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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
TARSONS PRODUCTS | 272.7 | 8.56 | 2,334.9 |
ASTRAL LTD | 5,522.5 | 11.21 | 61,899.7 |
SUPREME INDUSTRIES LTD | 10,134.3 | 7.02 | 71,110.9 |
FINOLEX INDUSTRIES LTD | 4,317.4 | 4.25 | 18,335.1 |
RESPONSIVE INDUSTRIES LTD | 1,035.9 | 7.54 | 7,814.3 |
PRINCE PIPES AND FITTINGS LTD | 2,568.8 | 2.88 | 7,390.5 |
EPL LTD | 3,856.2 | 1.61 | 6,210.0 |
JAI CORP LTD | 465.1 | 11.53 | 5,361.5 |
TIME TECHNOPLAST LTD | 4,790.6 | 1.37 | 6,560.5 |
GARWARE HITECH FILMS LTD | 1,579.5 | 2.45 | 3,866.8 |
JAIN IRRIGATION SYSTEMS LTD | 6,166.1 | 0.75 | 4,648.9 |
Plastic Products Industry Benchmark (Top 10) PS Analysis vs TARSONS PRODUCTS 's P/S Ratio
Top 10 Industry Peers | PS 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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