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TEXMO PIPES AND PRODUCTS
PS (Price/Sales) Ratio

The Current P/S Ratio of TEXMO PIPES AND PRODUCTS is 0.38.

Share Price ₹80.8Apr 22,2024
Market Cap ₹235.8 Cr
Sales-TTM₹616.1 CrTTM-Consolidated Results
Price/Sales0.38xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of TEXMO PIPES AND PRODUCTS

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 TEXMO PIPES AND PRODUCTS is calculated as :

Current Market Cap [ ₹235.8 Cr] as on Apr 22,2024

(/) Sales [ ₹616.1 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 0.38x ]

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

Thus, for TEXMO PIPES AND PRODUCTS , the investors are currently willing to pay '0.38 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 TEXMO PIPES AND PRODUCTS !

The chart below summarizes the trend in P/S Ratio of TEXMO PIPES AND PRODUCTS over the last five years.

Historical PS (Price/Sales) ratio chart of TEXMO PIPES AND PRODUCTS


PS Ratio Performance Analysis for TEXMO PIPES AND PRODUCTS

- TEXMO PIPES AND PRODUCTS 's latest p/e ratio is 0.38x.

- TEXMO PIPES AND PRODUCTS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.20x.

- TEXMO PIPES AND PRODUCTS 's operated at median p/e ratio of 0.17x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TEXMO PIPES AND PRODUCTS 's p/e ratio peaked in Mar2022 at 0.39x.

- TEXMO PIPES AND PRODUCTS 's p/e ratio hit its five-year low in Mar2020 of 0.06x.


How does TEXMO PIPES AND PRODUCTS 's P/S Ratio benchmark against top 10 peers in Plastic Products Industry?

Peer Comparison (Plastic Products Industry)Sales (Cr)PS RatioMarket Cap (Cr)
TEXMO PIPES AND PRODUCTS 616.10.38235.8
ASTRAL LTD5,522.59.5452,707.3
SUPREME INDUSTRIES LTD9,724.75.5053,447.2
FINOLEX INDUSTRIES LTD4,223.13.6715,496.4
RESPONSIVE INDUSTRIES LTD1,035.97.447,702.3
PRINCE PIPES AND FITTINGS LTD2,593.02.656,859.8
EPL LTD3,856.21.475,684.7
JAI CORP LTD465.112.425,778.2
TIME TECHNOPLAST LTD4,790.61.276,063.5
GARWARE HITECH FILMS LTD1,579.52.493,934.2
JAIN IRRIGATION SYSTEMS LTD6,166.10.633,877.3

Plastic Products Industry Benchmark (Top 10) PS Analysis vs TEXMO PIPES AND PRODUCTS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.38x
Max industry PS 12.42x
Median industry PS 2.65x
Average industry PS 4.31x



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