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APOLLO TYRES
PS (Price/Sales) Ratio

The Current P/S Ratio of APOLLO TYRES is 1.05.

Share Price ₹428.4Apr 02,2025
Market Cap ₹27,204.5 Cr
Sales-TTM₹25,958.0 CrTTM-Consolidated Results
Price/Sales1.05xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of APOLLO TYRES

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 APOLLO TYRES is calculated as :

Current Market Cap [ ₹27,204.5 Cr] as on Apr 02,2025

(/) Sales [ ₹25,958.0 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 1.05x ]

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

Thus, for APOLLO TYRES , the investors are currently willing to pay '1.05 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 APOLLO TYRES !

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

Historical PS (Price/Sales) ratio chart of APOLLO TYRES


PS Ratio Performance Analysis for APOLLO TYRES

- APOLLO TYRES 's latest p/e ratio is 1.05x.

- APOLLO TYRES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.74x.

- APOLLO TYRES 's operated at median p/e ratio of 0.82x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, APOLLO TYRES 's p/e ratio peaked in Mar2024 at 1.17x.

- APOLLO TYRES 's p/e ratio hit its five-year low in Mar2020 of 0.28x.


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

Peer Comparison (Tyres & Allied Industry)Sales (Cr)PS RatioMarket Cap (Cr)
APOLLO TYRES 25,958.01.0527,204.5
BALKRISHNA INDUSTRIES LTD10,376.54.7849,573.3
MRF LTD27,427.71.7848,801.2
CEAT LTD12,789.10.9211,742.3
JK TYRE & INDUSTRIES LTD14,632.80.547,894.5
TVS SRICHAKRA LTD3,200.80.642,036.8
GOODYEAR INDIA LTD2,555.90.761,939.9
TOLINS TYRES LTD298.41.56465.8

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

Top 10 Industry PeersPS Ratio
Min industry PS 0.54x
Max industry PS 4.78x
Median industry PS 1.05x
Average industry PS 1.50x



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