Home > PS Ratio > TIDE WATER OIL COMPANY (INDIA)

TIDE WATER OIL COMPANY (INDIA)
PS (Price/Sales) Ratio

The Current P/S Ratio of TIDE WATER OIL COMPANY (INDIA) is 1.56.

Share Price ₹1,713.2Apr 25,2024
Market Cap ₹2,981.0 Cr
Sales-TTM₹1,914.3 CrTTM-Consolidated Results
Price/Sales1.56xCalculated as Market Cap/Sales
Explore Stock Analytics
COMMUNITY POLL
for TIDE WATER OIL COMPANY (INDIA)
Please provide your vote to see the results
TIDE WATER OIL COMPANY (INDIA) is part of below Screeners ↓
Best 1M Momentum Small Cap Stocks

Definition & Calculation of PS (Price/Sales) ratio of TIDE WATER OIL COMPANY (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 TIDE WATER OIL COMPANY (INDIA) is calculated as :

Current Market Cap [ ₹2,981.0 Cr] as on Apr 25,2024

(/) Sales [ ₹1,914.3 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 1.56x ]

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

Thus, for TIDE WATER OIL COMPANY (INDIA) , the investors are currently willing to pay '1.56 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 TIDE WATER OIL COMPANY (INDIA) !

The chart below summarizes the trend in P/S Ratio of TIDE WATER OIL COMPANY (INDIA) over the last five years.

Historical PS (Price/Sales) ratio chart of TIDE WATER OIL COMPANY (INDIA)


PS Ratio Performance Analysis for TIDE WATER OIL COMPANY (INDIA)

- TIDE WATER OIL COMPANY (INDIA) 's latest p/e ratio is 1.56x.

- TIDE WATER OIL COMPANY (INDIA) 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.05x.

- TIDE WATER OIL COMPANY (INDIA) 's operated at median p/e ratio of 1.17x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TIDE WATER OIL COMPANY (INDIA) 's p/e ratio peaked in Mar2019 at 1.26x.

- TIDE WATER OIL COMPANY (INDIA) 's p/e ratio hit its five-year low in Mar2023 of 0.77x.


How does TIDE WATER OIL COMPANY (INDIA) 's P/S Ratio benchmark against top 10 peers in Lubricants Industry?

Peer Comparison (Lubricants Industry)Sales (Cr)PS RatioMarket Cap (Cr)
TIDE WATER OIL COMPANY (INDIA) 1,914.31.562,981.0
CASTROL INDIA LTD5,074.64.1220,910.1
GULF OIL LUBRICANTS INDIA LTD3,223.61.595,124.6
SAVITA OIL TECHNOLOGIES LTD3,723.21.063,946.0
PANAMA PETROCHEM LTD2,126.20.952,017.5
GP PETROLEUMS LTD676.20.51342.4

Lubricants Industry Benchmark (Top 10) PS Analysis vs TIDE WATER OIL COMPANY (INDIA) 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.51x
Max industry PS 4.12x
Median industry PS 1.56x
Average industry PS 1.63x



You may also like the below Video Courses