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VIKAS ECOTECH
PS (Price/Sales) Ratio

The Current P/S Ratio of VIKAS ECOTECH is 2.14.

Share Price ₹3.9Apr 18,2024
Market Cap ₹545.6 Cr
Sales-TTM₹255.2 CrTTM-Standalone Results
Price/Sales2.14xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of VIKAS ECOTECH

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 VIKAS ECOTECH is calculated as :

Current Market Cap [ ₹545.6 Cr] as on Apr 18,2024

(/) Sales [ ₹255.2 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 2.14x ]

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

Thus, for VIKAS ECOTECH , the investors are currently willing to pay '2.14 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 VIKAS ECOTECH !

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

Historical PS (Price/Sales) ratio chart of VIKAS ECOTECH


PS Ratio Performance Analysis for VIKAS ECOTECH

- VIKAS ECOTECH 's latest p/e ratio is 2.14x.

- VIKAS ECOTECH 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.92x.

- VIKAS ECOTECH 's operated at median p/e ratio of 0.59x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, VIKAS ECOTECH 's p/e ratio peaked in Mar2022 at 1.99x.

- VIKAS ECOTECH 's p/e ratio hit its five-year low in Mar2020 of 0.16x.


How does VIKAS ECOTECH 's P/S Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Sales (Cr)PS RatioMarket Cap (Cr)
VIKAS ECOTECH 255.22.14545.6
PIDILITE INDUSTRIES LTD12,170.412.00146,024.0
SOLAR INDUSTRIES INDIA LTD6,387.412.0677,005.2
SRF LTD13,346.95.6275,048.8
GUJARAT FLUOROCHEMICALS LTD4,619.28.5439,437.8
DEEPAK NITRITE LTD7,517.04.1831,435.2
TATA CHEMICALS LTD16,353.01.7228,167.1
GODREJ INDUSTRIES LTD16,885.51.6628,046.3
AARTI INDUSTRIES LTD6,256.04.2026,263.4
ATUL LTD4,708.73.6817,334.1
VINATI ORGANICS LTD1,830.69.2716,975.2

Chemicals Industry Benchmark (Top 10) PS Analysis vs VIKAS ECOTECH 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.66x
Max industry PS 12.06x
Median industry PS 4.20x
Average industry PS 5.92x



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