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TTK HEALTHCARE
PS (Price/Sales) Ratio

The Current P/S Ratio of TTK HEALTHCARE is 2.86.

Share Price ₹1,525.0Apr 22,2024
Market Cap ₹2,150.3 Cr
Sales-TTM₹751.9 CrTTM-Standalone Results
Price/Sales2.86xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of TTK HEALTHCARE

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 TTK HEALTHCARE is calculated as :

Current Market Cap [ ₹2,150.3 Cr] as on Apr 22,2024

(/) Sales [ ₹751.9 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 2.86x ]

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

Thus, for TTK HEALTHCARE , the investors are currently willing to pay '2.86 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 TTK HEALTHCARE !

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

Historical PS (Price/Sales) ratio chart of TTK HEALTHCARE


PS Ratio Performance Analysis for TTK HEALTHCARE

- TTK HEALTHCARE 's latest p/e ratio is 2.86x.

- TTK HEALTHCARE 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.54x.

- TTK HEALTHCARE 's operated at median p/e ratio of 1.53x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TTK HEALTHCARE 's p/e ratio peaked in Mar2023 at 2.01x.

- TTK HEALTHCARE 's p/e ratio hit its five-year low in Mar2020 of 0.72x.


How does TTK HEALTHCARE 's P/S Ratio benchmark against top 10 peers in Pharmaceuticals & Drugs Industry?

Peer Comparison (Pharmaceuticals & Drugs Industry)Sales (Cr)PS RatioMarket Cap (Cr)
TTK HEALTHCARE 751.92.862,150.3
SUN PHARMACEUTICAL INDUSTRIES LTD47,444.67.79369,402.0
CIPLA LTD25,350.24.31109,341.0
DR REDDYS LABORATORIES LTD27,212.53.69100,341.0
ZYDUS LIFESCIENCES LTD19,024.25.0796,543.1
DIVIS LABORATORIES LTD7,492.813.2499,176.4
MANKIND PHARMA LTD9,946.39.4293,651.6
TORRENT PHARMACEUTICALS LTD10,474.08.3787,681.1
LUPIN LTD19,480.13.7673,229.9
AUROBINDO PHARMA LTD27,894.72.2663,052.9
ABBOTT INDIA LTD5,753.49.7055,803.8

Pharmaceuticals & Drugs Industry Benchmark (Top 10) PS Analysis vs TTK HEALTHCARE 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 2.26x
Max industry PS 13.24x
Median industry PS 5.07x
Average industry PS 6.41x



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