TPL PLASTECH
|
The Current P/S Ratio of TPL PLASTECH is 2.49.
Share Price | ₹96.4 | Apr 25,2024 |
Market Cap | ₹751.8 Cr | |
Sales-TTM | ₹302.3 Cr | TTM-Standalone Results |
Price/Sales | 2.49x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of TPL PLASTECH
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
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 ]
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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
TPL PLASTECH | 302.3 | 2.49 | 751.8 |
ASTRAL LTD | 5,522.5 | 9.77 | 53,940.3 |
SUPREME INDUSTRIES LTD | 9,724.7 | 5.62 | 54,641.2 |
FINOLEX INDUSTRIES LTD | 4,223.1 | 3.98 | 16,814.9 |
RESPONSIVE INDUSTRIES LTD | 1,035.9 | 7.44 | 7,705.0 |
PRINCE PIPES AND FITTINGS LTD | 2,593.0 | 2.66 | 6,904.0 |
EPL LTD | 3,856.2 | 1.46 | 5,643.3 |
JAI CORP LTD | 465.1 | 12.32 | 5,729.1 |
TIME TECHNOPLAST LTD | 4,790.6 | 1.30 | 6,233.7 |
GARWARE HITECH FILMS LTD | 1,579.5 | 2.59 | 4,091.9 |
JAIN IRRIGATION SYSTEMS LTD | 6,166.1 | 0.64 | 3,925.4 |
Plastic Products Industry Benchmark (Top 10) PS Analysis vs TPL PLASTECH 's P/S Ratio
Top 10 Industry Peers | PS 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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