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TEGA INDUSTRIES
PS (Price/Sales) Ratio

The Current P/S Ratio of TEGA INDUSTRIES is 7.17.

Share Price ₹1,491.2Apr 23,2024
Market Cap ₹9,916.5 Cr
Sales-TTM₹1,382.1 CrTTM-Consolidated Results
Price/Sales7.17xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of TEGA INDUSTRIES

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 TEGA INDUSTRIES is calculated as :

Current Market Cap [ ₹9,916.5 Cr] as on Apr 23,2024

(/) Sales [ ₹1,382.1 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 7.17x ]

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

Thus, for TEGA INDUSTRIES , the investors are currently willing to pay '7.17 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 TEGA INDUSTRIES !

The chart below summarizes the trend in P/S Ratio of TEGA INDUSTRIES over the last five years.

Historical PS (Price/Sales) ratio chart of TEGA INDUSTRIES


PS Ratio Performance Analysis for TEGA INDUSTRIES

- TEGA INDUSTRIES 's latest p/e ratio is 7.17x.

- TEGA INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.42x.

- TEGA INDUSTRIES '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, TEGA INDUSTRIES 's p/e ratio peaked in Mar2023 at 3.85x.

- TEGA INDUSTRIES 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does TEGA INDUSTRIES 's P/S Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?

Peer Comparison (Engineering - Industrial Equipments Industry)Sales (Cr)PS RatioMarket Cap (Cr)
TEGA INDUSTRIES 1,382.17.179,916.5
BHARAT ELECTRONICS LTD18,183.39.41171,195.0
BHARAT HEAVY ELECTRICALS LTD23,859.53.8090,585.9
THERMAX LTD8,870.66.1054,130.9
TRIVENI TURBINE LTD1,565.710.7716,869.7
KIRLOSKAR OIL ENGINES LTD5,622.12.4313,658.8
ELECON ENGINEERING COMPANY LTD1,937.46.5212,634.8
PRAJ INDUSTRIES LTD3,451.72.799,631.8
SHRIRAM PISTONS & RINGS LTD2,934.83.099,079.8
KIRLOSKAR BROTHERS LTD3,902.02.5810,069.5
ION EXCHANGE (INDIA) LTD2,213.53.688,137.1

Engineering - Industrial Equipments Industry Benchmark (Top 10) PS Analysis vs TEGA INDUSTRIES 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 2.43x
Max industry PS 10.77x
Median industry PS 3.80x
Average industry PS 5.30x



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