TASTY BITE EATABLES
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The Current P/S Ratio of TASTY BITE EATABLES is 5.73.
Share Price | ₹11,929.7 | May 03,2024 |
Market Cap | ₹3,101.7 Cr | |
Sales-TTM | ₹541.0 Cr | TTM-Standalone Results |
Price/Sales | 5.73x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of TASTY BITE EATABLES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹3,101.7 Cr] as on May 03,2024
(/) Sales [ ₹541.0 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 5.73x ]
Thus, for TASTY BITE EATABLES , the investors are currently willing to pay '5.73 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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
TASTY BITE EATABLES | 541.0 | 5.73 | 3,101.7 |
NESTLE INDIA LTD | 19,563.4 | 12.11 | 236,990.0 |
VARUN BEVERAGES LTD | 16,321.1 | 11.99 | 195,768.0 |
BRITANNIA INDUSTRIES LTD | 16,769.3 | 7.27 | 121,918.0 |
MARICO LTD | 9,615.0 | 7.15 | 68,723.3 |
JUBILANT FOODWORKS LTD | 5,351.1 | 5.83 | 31,184.3 |
HATSUN AGRO PRODUCT LTD | 7,990.4 | 2.97 | 23,770.6 |
DEVYANI INTERNATIONAL LTD | 3,264.2 | 6.02 | 19,635.2 |
BIKAJI FOODS INTERNATIONAL LTD | 2,177.2 | 6.05 | 13,167.6 |
SAPPHIRE FOODS INDIA LTD | 2,523.0 | 3.57 | 9,003.0 |
GODREJ AGROVET LTD | 9,521.3 | 1.15 | 10,913.7 |
Consumer Food Industry Benchmark (Top 10) PS Analysis vs TASTY BITE EATABLES 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 1.15x |
Max industry PS | 12.11x |
Median industry PS | 6.02x |
Average industry PS | 6.35x |
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