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TIMKEN INDIA
PS (Price/Sales) Ratio

The Current P/S Ratio of TIMKEN INDIA is 7.63.

Share Price ₹2,854.6Mar 28,2024
Market Cap ₹21,466.6 Cr
Sales-TTM₹2,814.3 CrTTM-Standalone Results
Price/Sales7.63xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of TIMKEN 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 TIMKEN INDIA is calculated as :

Current Market Cap [ ₹21,466.6 Cr] as on Mar 28,2024

(/) Sales [ ₹2,814.3 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 7.63x ]

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

Thus, for TIMKEN INDIA , the investors are currently willing to pay '7.63 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 TIMKEN INDIA !

The chart below summarizes the trend in P/S Ratio of TIMKEN INDIA over the last five years.

Historical PS (Price/Sales) ratio chart of TIMKEN INDIA


PS Ratio Performance Analysis for TIMKEN INDIA

- TIMKEN INDIA 's latest p/e ratio is 7.63x.

- TIMKEN INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 5.58x.

- TIMKEN INDIA 's operated at median p/e ratio of 6.9x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TIMKEN INDIA 's p/e ratio peaked in Mar2023 at 7.45x.

- TIMKEN INDIA 's p/e ratio hit its five-year low in Mar2019 of 2.67x.


How does TIMKEN INDIA 's P/S Ratio benchmark against top 10 peers in Bearings Industry?

Peer Comparison (Bearings Industry)Sales (Cr)PS RatioMarket Cap (Cr)
TIMKEN INDIA 2,814.37.6321,466.6
SCHAEFFLER INDIA LTD7,226.16.0843,957.3
SKF INDIA LTD4,461.84.6120,579.5
ROLEX RINGS LTD1,204.93.954,754.3
NRB BEARINGS LTD1,121.92.322,598.0
GALAXY BEARINGS LTD131.23.62474.5
BIMETAL BEARINGS LTD229.60.94216.5
VISHAL BEARINGS LTD105.61.50158.7
SNL BEARINGS LTD47.62.19104.1

Bearings Industry Benchmark (Top 10) PS Analysis vs TIMKEN INDIA 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.94x
Max industry PS 7.63x
Median industry PS 3.62x
Average industry PS 3.65x



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