Home > PS Ratio > TECHNOCRAFT INDUSTRIES (INDIA)

TECHNOCRAFT INDUSTRIES (INDIA)
PS (Price/Sales) Ratio

The Current P/S Ratio of TECHNOCRAFT INDUSTRIES (INDIA) is 2.56.

Share Price ₹2,302.3Apr 24,2024
Market Cap ₹5,295.2 Cr
Sales-TTM₹2,069.6 CrTTM-Consolidated Results
Price/Sales2.56xCalculated as Market Cap/Sales
Explore Stock Analytics
COMMUNITY POLL
for TECHNOCRAFT INDUSTRIES (INDIA)
Please provide your vote to see the results
TECHNOCRAFT INDUSTRIES (INDIA) is part of below Screeners ↓
Top Small Cap Stocks with Best Fundamentals

Definition & Calculation of PS (Price/Sales) ratio of TECHNOCRAFT INDUSTRIES (INDIA)

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 TECHNOCRAFT INDUSTRIES (INDIA) is calculated as :

Current Market Cap [ ₹5,295.2 Cr] as on Apr 24,2024

(/) Sales [ ₹2,069.6 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 2.56x ]

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

Thus, for TECHNOCRAFT INDUSTRIES (INDIA) , the investors are currently willing to pay '2.56 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 TECHNOCRAFT INDUSTRIES (INDIA) !

The chart below summarizes the trend in P/S Ratio of TECHNOCRAFT INDUSTRIES (INDIA) over the last five years.

Historical PS (Price/Sales) ratio chart of TECHNOCRAFT INDUSTRIES (INDIA)


PS Ratio Performance Analysis for TECHNOCRAFT INDUSTRIES (INDIA)

- TECHNOCRAFT INDUSTRIES (INDIA) 's latest p/e ratio is 2.56x.

- TECHNOCRAFT INDUSTRIES (INDIA) 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.95x.

- TECHNOCRAFT INDUSTRIES (INDIA) 's operated at median p/e ratio of 1.05x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TECHNOCRAFT INDUSTRIES (INDIA) 's p/e ratio peaked in Mar2023 at 1.4x.

- TECHNOCRAFT INDUSTRIES (INDIA) 's p/e ratio hit its five-year low in Mar2020 of 0.3x.


How does TECHNOCRAFT INDUSTRIES (INDIA) 's P/S Ratio benchmark against top 10 peers in Steel & Iron Products Industry?

Peer Comparison (Steel & Iron Products Industry)Sales (Cr)PS RatioMarket Cap (Cr)
TECHNOCRAFT INDUSTRIES (INDIA) 2,069.62.565,295.2
JSW STEEL LTD175,699.01.23215,934.0
TATA STEEL LTD233,445.00.89206,601.0
JINDAL STAINLESS LTD38,873.51.5660,748.9
STEEL AUTHORITY OF INDIA LTD106,550.00.6468,029.8
APL APOLLO TUBES LTD17,784.22.4743,889.1
MOTHERSON SUMI WIRING INDIA LTD7,945.13.9531,363.3
RATNAMANI METALS & TUBES LTD5,062.54.1721,094.2
SHYAM METALICS AND ENERGY LTD12,942.91.4118,281.7
WELSPUN CORP LTD16,948.60.8814,993.5
JINDAL SAW LTD20,720.00.8217,063.7

Steel & Iron Products Industry Benchmark (Top 10) PS Analysis vs TECHNOCRAFT INDUSTRIES (INDIA) 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.64x
Max industry PS 4.17x
Median industry PS 1.41x
Average industry PS 1.87x



You may also like the below Video Courses