Home > PS Ratio > TASTY BITE EATABLES

TASTY BITE EATABLES
PS (Price/Sales) Ratio

The Current P/S Ratio of TASTY BITE EATABLES is 5.74.

Share Price ₹11,947.2Apr 30,2024
Market Cap ₹3,106.3 Cr
Sales-TTM₹541.0 CrTTM-Standalone Results
Price/Sales5.74xCalculated as Market Cap/Sales
Explore Stock Analytics
COMMUNITY POLL
for TASTY BITE EATABLES
Please provide your vote to see the results
TASTY BITE EATABLES is part of below Screeners ↓
Top Small Cap Stocks with Best Fundamentals

Definition & Calculation of PS (Price/Sales) ratio of TASTY BITE EATABLES

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 TASTY BITE EATABLES is calculated as :

Current Market Cap [ ₹3,106.3 Cr] as on Apr 30,2024

(/) Sales [ ₹541.0 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 5.74x ]

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

Thus, for TASTY BITE EATABLES , the investors are currently willing to pay '5.74 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 TASTY BITE EATABLES !

The chart below summarizes the trend in P/S Ratio of TASTY BITE EATABLES over the last five years.

Historical PS (Price/Sales) ratio chart of TASTY BITE EATABLES


PS Ratio Performance Analysis for TASTY BITE EATABLES

- TASTY BITE EATABLES 's latest p/e ratio is 5.74x.

- TASTY BITE EATABLES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 6.64x.

- TASTY BITE EATABLES 's operated at median p/e ratio of 6.37x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TASTY BITE EATABLES 's p/e ratio peaked in Mar2021 at 9.58x.

- TASTY BITE EATABLES 's p/e ratio hit its five-year low in Mar2023 of 4.33x.


How does TASTY BITE EATABLES 's P/S Ratio benchmark against top 10 peers in Consumer Food Industry?

Peer Comparison (Consumer Food Industry)Sales (Cr)PS RatioMarket Cap (Cr)
TASTY BITE EATABLES 541.05.743,106.3
NESTLE INDIA LTD19,563.412.35241,623.0
VARUN BEVERAGES LTD16,321.111.78192,182.0
BRITANNIA INDUSTRIES LTD16,723.16.87114,909.0
MARICO LTD9,615.06.9766,995.6
JUBILANT FOODWORKS LTD5,351.15.7130,544.2
HATSUN AGRO PRODUCT LTD7,990.43.0724,523.5
DEVYANI INTERNATIONAL LTD3,264.26.1420,045.3
BIKAJI FOODS INTERNATIONAL LTD2,177.26.1313,341.6
SAPPHIRE FOODS INDIA LTD2,523.03.609,072.5
GODREJ AGROVET LTD9,521.31.1010,468.8

Consumer Food Industry Benchmark (Top 10) PS Analysis vs TASTY BITE EATABLES 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.10x
Max industry PS 12.35x
Median industry PS 6.13x
Average industry PS 6.31x



You may also like the below Video Courses