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TVS MOTOR COMPANY
PS (Price/Sales) Ratio

The Current P/S Ratio of TVS MOTOR COMPANY is 3.74.

Share Price ₹3,855.3Jan 02,2026
Market Cap ₹183,162.9 Cr
Sales-TTM₹48,937.9 CrTTM-Consolidated Results
Price/Sales3.74xCalculated 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 [ ₹183,162.9 Cr] as on Jan 02,2026

(/) Sales [ ₹48,937.9 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 3.74x ]

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 '3.74 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 3.74x.

- TVS MOTOR COMPANY 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 1.90x.

- TVS MOTOR COMPANY 's operated at median p/e ratio of 1.6x 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 Mar2024 at 2.64x.

- TVS MOTOR COMPANY 's p/e ratio hit its five-year low in Mar2022 of 1.22x.


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 48,937.93.74183,162.9
BAJAJ AUTO LTD54,683.34.86265,547.0
EICHER MOTORS LTD21,427.79.39201,192.0
HERO MOTOCORP LTD42,175.82.81118,660.0
OLA ELECTRIC MOBILITY LTD3,174.05.6918,044.7
ATUL AUTO LTD758.91.701,289.7
WARDWIZARD INNOVATIONS & MOBILITY LTD261.00.82215.1

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 0.82x
Max industry PS 9.39x
Median industry PS 3.74x
Average industry PS 4.14x



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