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TPL PLASTECH
PS (Price/Sales) Ratio

The Current P/S Ratio of TPL PLASTECH is 2.49.

Share Price ₹96.4Apr 25,2024
Market Cap ₹751.8 Cr
Sales-TTM₹302.3 CrTTM-Standalone Results
Price/Sales2.49xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of TPL PLASTECH

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 TPL PLASTECH is calculated as :

Current Market Cap [ ₹751.8 Cr] as on Apr 25,2024

(/) Sales [ ₹302.3 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 2.49x ]

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

Thus, for TPL PLASTECH , the investors are currently willing to pay '2.49 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 TPL PLASTECH !

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

Historical PS (Price/Sales) ratio chart of TPL PLASTECH


PS Ratio Performance Analysis for TPL PLASTECH

- TPL PLASTECH 's latest p/e ratio is 2.49x.

- TPL PLASTECH 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.62x.

- TPL PLASTECH 's operated at median p/e ratio of 0.7x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TPL PLASTECH 's p/e ratio peaked in Mar2023 at 0.84x.

- TPL PLASTECH 's p/e ratio hit its five-year low in Mar2020 of 0.25x.


How does TPL PLASTECH 's P/S Ratio benchmark against top 10 peers in Plastic Products Industry?

Peer Comparison (Plastic Products Industry)Sales (Cr)PS RatioMarket Cap (Cr)
TPL PLASTECH 302.32.49751.8
ASTRAL LTD5,522.59.7753,940.3
SUPREME INDUSTRIES LTD9,724.75.6254,641.2
FINOLEX INDUSTRIES LTD4,223.13.9816,814.9
RESPONSIVE INDUSTRIES LTD1,035.97.447,705.0
PRINCE PIPES AND FITTINGS LTD2,593.02.666,904.0
EPL LTD3,856.21.465,643.3
JAI CORP LTD465.112.325,729.1
TIME TECHNOPLAST LTD4,790.61.306,233.7
GARWARE HITECH FILMS LTD1,579.52.594,091.9
JAIN IRRIGATION SYSTEMS LTD6,166.10.643,925.4

Plastic Products Industry Benchmark (Top 10) PS Analysis vs TPL PLASTECH 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.64x
Max industry PS 12.32x
Median industry PS 2.66x
Average industry PS 4.57x



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