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TIME TECHNOPLAST
PS (Price/Sales) Ratio

The Current P/S Ratio of TIME TECHNOPLAST is 1.18.

Share Price ₹249.4Mar 28,2024
Market Cap ₹5,658.9 Cr
Sales-TTM₹4,790.6 CrTTM-Consolidated Results
Price/Sales1.18xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of TIME TECHNOPLAST

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 TIME TECHNOPLAST is calculated as :

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 ]

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

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 latest p/e ratio is 1.18x.

- 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 RatioMarket Cap (Cr)
TIME TECHNOPLAST 4,790.61.185,658.9
ASTRAL LTD5,522.59.6853,468.9
SUPREME INDUSTRIES LTD9,724.75.5253,703.8
FINOLEX INDUSTRIES LTD4,223.13.6215,304.1
RESPONSIVE INDUSTRIES LTD1,035.97.277,527.8
PRINCE PIPES AND FITTINGS LTD2,593.02.346,074.8
EPL LTD3,856.21.475,670.3
JAI CORP LTD465.110.845,040.3
GARWARE HITECH FILMS LTD1,579.52.574,057.2
JAIN IRRIGATION SYSTEMS LTD6,166.10.533,267.3
MOLDTEK PACKAGING LTD706.53.692,605.8

Plastic Products Industry Benchmark (Top 10) PS Analysis vs TIME TECHNOPLAST 's P/S Ratio

Top 10 Industry PeersPS 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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