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TOURISM FINANCE CORPORATION OF INDIA
PS (Price/Sales) Ratio

The Current P/S Ratio of TOURISM FINANCE CORPORATION OF INDIA is 6.46.

Share Price ₹170.5Apr 16,2024
Market Cap ₹1,578.8 Cr
Sales-TTM₹244.3 CrTTM-Standalone Results
Price/Sales6.46xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of TOURISM FINANCE CORPORATION OF 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 TOURISM FINANCE CORPORATION OF INDIA is calculated as :

Current Market Cap [ ₹1,578.8 Cr] as on Apr 16,2024

(/) Sales [ ₹244.3 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 6.46x ]

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

Thus, for TOURISM FINANCE CORPORATION OF INDIA , the investors are currently willing to pay '6.46 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 TOURISM FINANCE CORPORATION OF INDIA !

The chart below summarizes the trend in P/S Ratio of TOURISM FINANCE CORPORATION OF INDIA over the last five years.

Historical PS (Price/Sales) ratio chart of TOURISM FINANCE CORPORATION OF INDIA


PS Ratio Performance Analysis for TOURISM FINANCE CORPORATION OF INDIA

- TOURISM FINANCE CORPORATION OF INDIA 's latest p/e ratio is 6.46x.

- TOURISM FINANCE CORPORATION OF INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.40x.

- TOURISM FINANCE CORPORATION OF INDIA 's operated at median p/e ratio of 2.14x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TOURISM FINANCE CORPORATION OF INDIA 's p/e ratio peaked in Mar2019 at 4.17x.

- TOURISM FINANCE CORPORATION OF INDIA 's p/e ratio hit its five-year low in Mar2020 of 1x.


How does TOURISM FINANCE CORPORATION OF INDIA 's P/S Ratio benchmark against top 10 peers in Finance Term Lending Industry?

Peer Comparison (Finance Term Lending Industry)Sales (Cr)PS RatioMarket Cap (Cr)
TOURISM FINANCE CORPORATION OF INDIA 244.36.461,578.8
INDIAN RAILWAY FINANCE CORPORATION LTD26,423.97.01185,181.0
POWER FINANCE CORPORATION LTD87,016.21.50130,899.0
REC LTD45,070.62.51113,057.0
IFCI LTD1,794.85.9010,585.8
UJJIVAN FINANCIAL SERVICES LTD5,678.21.126,385.2
MAS FINANCIAL SERVICES LTD1,223.33.864,725.3
SATIN CREDITCARE NETWORK LTD2,032.81.302,643.0
GUJARAT STATE FINANCIAL CORPORATION LTD4.157.53234.7

Finance Term Lending Industry Benchmark (Top 10) PS Analysis vs TOURISM FINANCE CORPORATION OF INDIA 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.12x
Max industry PS 57.53x
Median industry PS 3.86x
Average industry PS 9.69x



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