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TVS MOTOR COMPANY
PS (Price/Sales) Ratio

The Current P/S Ratio of TVS MOTOR COMPANY is 2.53.

Share Price ₹1,974.6Apr 16,2024
Market Cap ₹93,813.2 Cr
Sales-TTM₹37,133.7 CrTTM-Consolidated Results
Price/Sales2.53xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of TVS MOTOR COMPANY

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 TVS MOTOR COMPANY is calculated as :

Current Market Cap [ ₹93,813.2 Cr] as on Apr 16,2024

(/) Sales [ ₹37,133.7 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 2.53x ]

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

Thus, for TVS MOTOR COMPANY , the investors are currently willing to pay '2.53 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 TVS MOTOR COMPANY !

The chart below summarizes the trend in P/S Ratio of TVS MOTOR COMPANY over the last five years.

Historical PS (Price/Sales) ratio chart of TVS MOTOR COMPANY


PS Ratio Performance Analysis for TVS MOTOR COMPANY

- TVS MOTOR COMPANY 's latest p/e ratio is 2.53x.

- TVS MOTOR COMPANY 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.22x.

- TVS MOTOR COMPANY 's operated at median p/e ratio of 1.22x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TVS MOTOR COMPANY 's p/e ratio peaked in Mar2023 at 1.6x.

- TVS MOTOR COMPANY 's p/e ratio hit its five-year low in Mar2020 of 0.75x.


How does TVS MOTOR COMPANY 's P/S Ratio benchmark against top 10 peers in Automobile Two & Three Wheelers Industry?

Peer Comparison (Automobile Two & Three Wheelers Industry)Sales (Cr)PS RatioMarket Cap (Cr)
TVS MOTOR COMPANY 37,133.72.5393,813.2
BAJAJ AUTO LTD42,244.75.89248,992.0
EICHER MOTORS LTD16,084.17.42119,378.0
HERO MOTOCORP LTD36,606.22.3686,349.2
WARDWIZARD INNOVATIONS & MOBILITY LTD243.96.491,583.2
ATUL AUTO LTD517.42.601,342.8

Automobile Two & Three Wheelers Industry Benchmark (Top 10) PS Analysis vs TVS MOTOR COMPANY 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 2.36x
Max industry PS 7.42x
Median industry PS 5.89x
Average industry PS 4.55x



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