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TINNA RUBBER AND INFRASTRUCTURE
PS (Price/Sales) Ratio

The Current P/S Ratio of TINNA RUBBER AND INFRASTRUCTURE is 4.23.

Share Price ₹807.3Apr 16,2024
Market Cap ₹1,380.5 Cr
Sales-TTM₹326.3 CrTTM-Consolidated Results
Price/Sales4.23xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of TINNA RUBBER AND INFRASTRUCTURE

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 TINNA RUBBER AND INFRASTRUCTURE is calculated as :

Current Market Cap [ ₹1,380.5 Cr] as on Apr 16,2024

(/) Sales [ ₹326.3 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 4.23x ]

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

Thus, for TINNA RUBBER AND INFRASTRUCTURE , the investors are currently willing to pay '4.23 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 TINNA RUBBER AND INFRASTRUCTURE !

The chart below summarizes the trend in P/S Ratio of TINNA RUBBER AND INFRASTRUCTURE over the last five years.

Historical PS (Price/Sales) ratio chart of TINNA RUBBER AND INFRASTRUCTURE


PS Ratio Performance Analysis for TINNA RUBBER AND INFRASTRUCTURE

- TINNA RUBBER AND INFRASTRUCTURE 's latest p/e ratio is 4.23x.

- TINNA RUBBER AND INFRASTRUCTURE 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.53x.

- TINNA RUBBER AND INFRASTRUCTURE 's operated at median p/e ratio of 0.28x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TINNA RUBBER AND INFRASTRUCTURE 's p/e ratio peaked in Mar2022 at 1.14x.

- TINNA RUBBER AND INFRASTRUCTURE 's p/e ratio hit its five-year low in Mar2020 of 0x.


How does TINNA RUBBER AND INFRASTRUCTURE 's P/S Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Sales (Cr)PS RatioMarket Cap (Cr)
TINNA RUBBER AND INFRASTRUCTURE 326.34.231,380.5
PIDILITE INDUSTRIES LTD12,170.412.04146,535.0
SOLAR INDUSTRIES INDIA LTD6,387.411.9876,520.2
SRF LTD13,346.95.5974,630.9
GUJARAT FLUOROCHEMICALS LTD4,619.28.4138,858.9
DEEPAK NITRITE LTD7,517.04.2131,660.9
TATA CHEMICALS LTD16,353.01.7228,183.7
GODREJ INDUSTRIES LTD16,885.51.6828,302.2
AARTI INDUSTRIES LTD6,256.04.3427,164.2
ATUL LTD4,708.73.7417,599.8
VINATI ORGANICS LTD1,830.68.8516,204.5

Chemicals Industry Benchmark (Top 10) PS Analysis vs TINNA RUBBER AND INFRASTRUCTURE 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.68x
Max industry PS 12.04x
Median industry PS 4.34x
Average industry PS 6.07x



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