TEXMO PIPES AND PRODUCTS
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The Current P/S Ratio of TEXMO PIPES AND PRODUCTS is 0.38.
Share Price | ₹80.8 | Apr 22,2024 |
Market Cap | ₹235.8 Cr | |
Sales-TTM | ₹616.1 Cr | TTM-Consolidated Results |
Price/Sales | 0.38x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of TEXMO PIPES AND PRODUCTS
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
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 ]
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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
TEXMO PIPES AND PRODUCTS | 616.1 | 0.38 | 235.8 |
ASTRAL LTD | 5,522.5 | 9.54 | 52,707.3 |
SUPREME INDUSTRIES LTD | 9,724.7 | 5.50 | 53,447.2 |
FINOLEX INDUSTRIES LTD | 4,223.1 | 3.67 | 15,496.4 |
RESPONSIVE INDUSTRIES LTD | 1,035.9 | 7.44 | 7,702.3 |
PRINCE PIPES AND FITTINGS LTD | 2,593.0 | 2.65 | 6,859.8 |
EPL LTD | 3,856.2 | 1.47 | 5,684.7 |
JAI CORP LTD | 465.1 | 12.42 | 5,778.2 |
TIME TECHNOPLAST LTD | 4,790.6 | 1.27 | 6,063.5 |
GARWARE HITECH FILMS LTD | 1,579.5 | 2.49 | 3,934.2 |
JAIN IRRIGATION SYSTEMS LTD | 6,166.1 | 0.63 | 3,877.3 |
Plastic Products Industry Benchmark (Top 10) PS Analysis vs TEXMO PIPES AND PRODUCTS 's P/S Ratio
Top 10 Industry Peers | PS 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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