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TATVA CHINTAN PHARMA CHEM
PS (Price/Sales) Ratio

The Current P/S Ratio of TATVA CHINTAN PHARMA CHEM is 6.79.

Share Price ₹1,217.4Apr 19,2024
Market Cap ₹2,848.7 Cr
Sales-TTM₹419.8 CrTTM-Consolidated Results
Price/Sales6.79xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of TATVA CHINTAN PHARMA CHEM

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 TATVA CHINTAN PHARMA CHEM is calculated as :

Current Market Cap [ ₹2,848.7 Cr] as on Apr 19,2024

(/) Sales [ ₹419.8 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 6.79x ]

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

Thus, for TATVA CHINTAN PHARMA CHEM , the investors are currently willing to pay '6.79 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 TATVA CHINTAN PHARMA CHEM !

The chart below summarizes the trend in P/S Ratio of TATVA CHINTAN PHARMA CHEM over the last five years.

Historical PS (Price/Sales) ratio chart of TATVA CHINTAN PHARMA CHEM


PS Ratio Performance Analysis for TATVA CHINTAN PHARMA CHEM

- TATVA CHINTAN PHARMA CHEM 's latest p/e ratio is 6.79x.

- TATVA CHINTAN PHARMA CHEM 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.10x.

- TATVA CHINTAN PHARMA CHEM '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, TATVA CHINTAN PHARMA CHEM 's p/e ratio peaked in Mar2022 at 11.8x.

- TATVA CHINTAN PHARMA CHEM 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does TATVA CHINTAN PHARMA CHEM 's P/S Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Sales (Cr)PS RatioMarket Cap (Cr)
TATVA CHINTAN PHARMA CHEM 419.86.792,848.7
PIDILITE INDUSTRIES LTD12,170.411.82143,804.0
SOLAR INDUSTRIES INDIA LTD6,387.412.0877,156.8
SRF LTD13,346.95.6174,909.5
GUJARAT FLUOROCHEMICALS LTD4,619.28.5639,553.7
DEEPAK NITRITE LTD7,517.04.1230,963.9
TATA CHEMICALS LTD16,353.01.7228,108.5
GODREJ INDUSTRIES LTD16,885.51.6527,857.8
AARTI INDUSTRIES LTD6,256.04.1926,212.7
ATUL LTD4,708.73.6917,360.0
VINATI ORGANICS LTD1,830.69.3117,046.8

Chemicals Industry Benchmark (Top 10) PS Analysis vs TATVA CHINTAN PHARMA CHEM 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.65x
Max industry PS 12.08x
Median industry PS 5.61x
Average industry PS 6.32x



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