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TVS MOTOR COMPANY
PS (Price/Sales) Ratio

The Current P/S Ratio of TVS MOTOR COMPANY is 3.42.

Share Price ₹3,781.7Mar 06,2026
Market Cap ₹179,666.2 Cr
Sales-TTM₹52,558.8 CrTTM-Consolidated Results
Price/Sales3.42xCalculated 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 [ ₹179,666.2 Cr] as on Mar 06,2026

(/) Sales [ ₹52,558.8 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 3.42x ]

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 '3.42 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 3.42x.

- 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 52,558.83.42179,666.2
BAJAJ AUTO LTD57,718.94.75274,261.0
EICHER MOTORS LTD22,568.69.26208,990.0
HERO MOTOCORP LTD44,402.82.48110,215.0
OLA ELECTRIC MOBILITY LTD2,599.04.0810,603.6
ATUL AUTO LTD794.81.561,236.0
WARDWIZARD INNOVATIONS & MOBILITY LTD237.50.84199.7

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 0.84x
Max industry PS 9.26x
Median industry PS 3.42x
Average industry PS 3.77x



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