TIMKEN INDIA
|
The Current P/S Ratio of TIMKEN INDIA is 7.63.
Share Price | ₹2,854.6 | Mar 28,2024 |
Market Cap | ₹21,466.6 Cr | |
Sales-TTM | ₹2,814.3 Cr | TTM-Standalone Results |
Price/Sales | 7.63x | Calculated as Market Cap/Sales |
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Definition & Calculation of PS (Price/Sales) ratio of TIMKEN INDIA
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
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 ]
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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
TIMKEN INDIA | 2,814.3 | 7.63 | 21,466.6 |
SCHAEFFLER INDIA LTD | 7,226.1 | 6.08 | 43,957.3 |
SKF INDIA LTD | 4,461.8 | 4.61 | 20,579.5 |
ROLEX RINGS LTD | 1,204.9 | 3.95 | 4,754.3 |
NRB BEARINGS LTD | 1,121.9 | 2.32 | 2,598.0 |
GALAXY BEARINGS LTD | 131.2 | 3.62 | 474.5 |
BIMETAL BEARINGS LTD | 229.6 | 0.94 | 216.5 |
VISHAL BEARINGS LTD | 105.6 | 1.50 | 158.7 |
SNL BEARINGS LTD | 47.6 | 2.19 | 104.1 |
Bearings Industry Benchmark (Top 10) PS Analysis vs TIMKEN INDIA 's P/S Ratio
Top 10 Industry Peers | PS 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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