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TITAN BIOTECH
PS (Price/Sales) Ratio

The Current P/S Ratio of TITAN BIOTECH is 2.56.

Share Price ₹496.4Apr 23,2024
Market Cap ₹412.0 Cr
Sales-TTM₹161.0 CrTTM-Consolidated Results
Price/Sales2.56xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of TITAN BIOTECH

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 TITAN BIOTECH is calculated as :

Current Market Cap [ ₹412.0 Cr] as on Apr 23,2024

(/) Sales [ ₹161.0 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 2.56x ]

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

Thus, for TITAN BIOTECH , the investors are currently willing to pay '2.56 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 TITAN BIOTECH !

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

Historical PS (Price/Sales) ratio chart of TITAN BIOTECH


PS Ratio Performance Analysis for TITAN BIOTECH

- TITAN BIOTECH 's latest p/e ratio is 2.56x.

- TITAN BIOTECH 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.99x.

- TITAN BIOTECH 's operated at median p/e ratio of 1.08x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TITAN BIOTECH 's p/e ratio peaked in Mar2022 at 1.75x.

- TITAN BIOTECH 's p/e ratio hit its five-year low in Mar2020 of 0.44x.


How does TITAN BIOTECH 's P/S Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Sales (Cr)PS RatioMarket Cap (Cr)
TITAN BIOTECH 161.02.56412.0
PIDILITE INDUSTRIES LTD12,170.412.19148,313.0
SOLAR INDUSTRIES INDIA LTD6,387.412.2478,203.8
SRF LTD13,346.95.8177,574.4
GUJARAT FLUOROCHEMICALS LTD4,619.28.8540,874.1
DEEPAK NITRITE LTD7,517.04.3032,323.8
TATA CHEMICALS LTD16,353.01.7428,397.7
GODREJ INDUSTRIES LTD16,885.51.7028,785.4
AARTI INDUSTRIES LTD6,256.04.2926,841.6
ATUL LTD4,708.73.7117,449.7
VINATI ORGANICS LTD1,830.69.3817,169.6

Chemicals Industry Benchmark (Top 10) PS Analysis vs TITAN BIOTECH 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.70x
Max industry PS 12.24x
Median industry PS 4.30x
Average industry PS 6.07x



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