TINE AGRO
|
The Current P/S Ratio of TINE AGRO is 24.97.
Share Price | ₹36.0 | May 17,2024 |
Market Cap | ₹1,809.3 Cr | |
Sales-TTM | ₹72.5 Cr | TTM-Standalone Results |
Price/Sales | 24.97x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of TINE AGRO
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹1,809.3 Cr] as on May 17,2024
(/) Sales [ ₹72.5 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 24.97x ]
Thus, for TINE AGRO , the investors are currently willing to pay '24.97 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 TINE AGRO !
The chart below summarizes the trend in P/S Ratio of TINE AGRO over the last five years.
Historical PS (Price/Sales) ratio chart of TINE AGRO
PS Ratio Performance Analysis for TINE AGRO
- TINE AGRO 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.98x.
- TINE AGRO 's operated at median p/e ratio of 0.64x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TINE AGRO 's p/e ratio peaked in Mar2024 at 17.81x.
- TINE AGRO 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does TINE AGRO 's P/S Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
TINE AGRO | 72.5 | 24.97 | 1,809.3 |
PAGE INDUSTRIES LTD | 4,563.0 | 8.69 | 39,654.3 |
KPR MILL LTD | 6,059.7 | 4.68 | 28,370.6 |
VEDANT FASHIONS LTD | 1,367.5 | 18.50 | 25,303.7 |
SWAN ENERGY LTD | 4,552.4 | 4.01 | 18,263.6 |
WELSPUN LIVING LTD | 9,679.2 | 1.45 | 14,013.5 |
ALOK INDUSTRIES LTD | 5,491.6 | 2.43 | 13,336.6 |
VARDHMAN TEXTILES LTD | 9,504.7 | 1.41 | 13,374.3 |
ARVIND LTD | 7,737.8 | 1.28 | 9,925.0 |
GARWARE TECHNICAL FIBRES LTD | 1,313.8 | 4.93 | 6,472.4 |
JINDAL WORLDWIDE LTD | 1,789.8 | 3.93 | 7,036.3 |
Textile Industry Benchmark (Top 10) PS Analysis vs TINE AGRO 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 1.28x |
Max industry PS | 24.97x |
Median industry PS | 4.01x |
Average industry PS | 6.93x |
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