VIKAS ECOTECH
|
The Current P/S Ratio of VIKAS ECOTECH is 2.13.
Share Price | ₹3.9 | May 02,2024 |
Market Cap | ₹542.9 Cr | |
Sales-TTM | ₹255.2 Cr | TTM-Standalone Results |
Price/Sales | 2.13x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of VIKAS ECOTECH
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹542.9 Cr] as on May 02,2024
(/) Sales [ ₹255.2 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 2.13x ]
Thus, for VIKAS ECOTECH , the investors are currently willing to pay '2.13 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 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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
VIKAS ECOTECH | 255.2 | 2.13 | 542.9 |
PIDILITE INDUSTRIES LTD | 12,170.4 | 12.49 | 152,013.0 |
SOLAR INDUSTRIES INDIA LTD | 6,387.4 | 12.56 | 80,217.6 |
SRF LTD | 13,346.9 | 5.93 | 79,083.2 |
GUJARAT FLUOROCHEMICALS LTD | 4,619.2 | 8.63 | 39,882.1 |
DEEPAK NITRITE LTD | 7,517.0 | 4.50 | 33,805.0 |
TATA CHEMICALS LTD | 15,421.0 | 1.82 | 28,041.0 |
GODREJ INDUSTRIES LTD | 16,885.5 | 1.78 | 30,073.2 |
AARTI INDUSTRIES LTD | 6,256.0 | 4.30 | 26,921.4 |
ATUL LTD | 4,725.7 | 3.74 | 17,658.6 |
VINATI ORGANICS LTD | 1,830.6 | 9.24 | 16,913.6 |
Chemicals Industry Benchmark (Top 10) PS Analysis vs VIKAS ECOTECH 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 1.78x |
Max industry PS | 12.56x |
Median industry PS | 4.50x |
Average industry PS | 6.10x |
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