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TVS SRICHAKRA
PS (Price/Sales) Ratio

The Current P/S Ratio of TVS SRICHAKRA is 1.13.

Share Price ₹4,156.2Apr 26,2024
Market Cap ₹3,200.2 Cr
Sales-TTM₹2,843.6 CrTTM-Consolidated Results
Price/Sales1.13xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of TVS SRICHAKRA

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 SRICHAKRA is calculated as :

Current Market Cap [ ₹3,200.2 Cr] as on Apr 26,2024

(/) Sales [ ₹2,843.6 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 1.13x ]

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

Thus, for TVS SRICHAKRA , the investors are currently willing to pay '1.13 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 SRICHAKRA !

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

Historical PS (Price/Sales) ratio chart of TVS SRICHAKRA


PS Ratio Performance Analysis for TVS SRICHAKRA

- TVS SRICHAKRA 's latest p/e ratio is 1.13x.

- TVS SRICHAKRA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.57x.

- TVS SRICHAKRA 's operated at median p/e ratio of 0.65x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TVS SRICHAKRA 's p/e ratio peaked in Mar2021 at 0.7x.

- TVS SRICHAKRA 's p/e ratio hit its five-year low in Mar2020 of 0.32x.


How does TVS SRICHAKRA 's P/S Ratio benchmark against top 10 peers in Tyres & Allied Industry?

Peer Comparison (Tyres & Allied Industry)Sales (Cr)PS RatioMarket Cap (Cr)
TVS SRICHAKRA 2,843.61.133,200.2
MRF LTD24,661.62.2455,249.1
BALKRISHNA INDUSTRIES LTD9,004.05.1045,880.9
APOLLO TYRES LTD25,366.81.2331,281.9
JK TYRE & INDUSTRIES LTD14,935.80.7210,684.5
CEAT LTD11,826.50.8610,223.8
GOODYEAR INDIA LTD2,653.81.022,694.6

Tyres & Allied Industry Benchmark (Top 10) PS Analysis vs TVS SRICHAKRA 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.72x
Max industry PS 5.10x
Median industry PS 1.13x
Average industry PS 1.76x



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