TIME TECHNOPLAST
|
The Current P/S Ratio of TIME TECHNOPLAST is 1.18.
Share Price | ₹249.4 | Mar 28,2024 |
Market Cap | ₹5,658.9 Cr | |
Sales-TTM | ₹4,790.6 Cr | TTM-Consolidated Results |
Price/Sales | 1.18x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of TIME TECHNOPLAST
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹5,658.9 Cr] as on Mar 28,2024
(/) Sales [ ₹4,790.6 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 1.18x ]
Thus, for TIME TECHNOPLAST , the investors are currently willing to pay '1.18 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 TIME TECHNOPLAST !
The chart below summarizes the trend in P/S Ratio of TIME TECHNOPLAST over the last five years.
Historical PS (Price/Sales) ratio chart of TIME TECHNOPLAST
PS Ratio Performance Analysis for TIME TECHNOPLAST
- TIME TECHNOPLAST 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.41x.
- TIME TECHNOPLAST 's operated at median p/e ratio of 0.41x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TIME TECHNOPLAST 's p/e ratio peaked in Mar2019 at 0.65x.
- TIME TECHNOPLAST 's p/e ratio hit its five-year low in Mar2020 of 0.16x.
How does TIME TECHNOPLAST '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) |
---|---|---|---|
TIME TECHNOPLAST | 4,790.6 | 1.18 | 5,658.9 |
ASTRAL LTD | 5,522.5 | 9.68 | 53,468.9 |
SUPREME INDUSTRIES LTD | 9,724.7 | 5.52 | 53,703.8 |
FINOLEX INDUSTRIES LTD | 4,223.1 | 3.62 | 15,304.1 |
RESPONSIVE INDUSTRIES LTD | 1,035.9 | 7.27 | 7,527.8 |
PRINCE PIPES AND FITTINGS LTD | 2,593.0 | 2.34 | 6,074.8 |
EPL LTD | 3,856.2 | 1.47 | 5,670.3 |
JAI CORP LTD | 465.1 | 10.84 | 5,040.3 |
GARWARE HITECH FILMS LTD | 1,579.5 | 2.57 | 4,057.2 |
JAIN IRRIGATION SYSTEMS LTD | 6,166.1 | 0.53 | 3,267.3 |
MOLDTEK PACKAGING LTD | 706.5 | 3.69 | 2,605.8 |
Plastic Products Industry Benchmark (Top 10) PS Analysis vs TIME TECHNOPLAST 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.53x |
Max industry PS | 10.84x |
Median industry PS | 3.62x |
Average industry PS | 4.43x |
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