HITECH CORPORATION
|
The Current P/S Ratio of HITECH CORPORATION is 0.53.
Share Price | ₹170.5 | Mar 10,2025 |
Market Cap | ₹293.2 Cr | |
Sales-TTM | ₹550.8 Cr | TTM-Standalone Results |
Price/Sales | 0.53x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of HITECH CORPORATION
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹293.2 Cr] as on Mar 10,2025
(/) Sales [ ₹550.8 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 0.53x ]
Thus, for HITECH CORPORATION , the investors are currently willing to pay '0.53 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 HITECH CORPORATION !
The chart below summarizes the trend in P/S Ratio of HITECH CORPORATION over the last five years.
Historical PS (Price/Sales) ratio chart of HITECH CORPORATION
PS Ratio Performance Analysis for HITECH CORPORATION
- HITECH CORPORATION 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.48x.
- HITECH CORPORATION 's operated at median p/e ratio of 0.48x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HITECH CORPORATION 's p/e ratio peaked in Mar2022 at 0.66x.
- HITECH CORPORATION 's p/e ratio hit its five-year low in Mar2020 of 0.18x.
How does HITECH CORPORATION 's P/S Ratio benchmark against top 10 peers in Plastic Products Industry?
Peer Comparison (Plastic Products Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
HITECH CORPORATION | 550.8 | 0.53 | 293.2 |
SUPREME INDUSTRIES LTD | 10,427.1 | 4.04 | 42,124.6 |
ASTRAL LTD | 5,776.1 | 5.99 | 34,614.9 |
FINOLEX INDUSTRIES LTD | 4,205.6 | 2.64 | 11,112.7 |
GARWARE HITECH FILMS LTD | 2,008.0 | 4.74 | 9,526.2 |
TIME TECHNOPLAST LTD | 5,382.6 | 1.59 | 8,550.7 |
EPL LTD | 4,137.1 | 1.59 | 6,567.0 |
SHAILY ENGINEERING PLASTICS LTD | 739.5 | 11.16 | 8,254.9 |
RESPONSIVE INDUSTRIES LTD | 1,325.4 | 3.94 | 5,228.2 |
JAIN IRRIGATION SYSTEMS LTD | 5,757.2 | 0.69 | 3,948.3 |
POLYPLEX CORPORATION LTD | 6,824.3 | 0.53 | 3,635.9 |
Plastic Products Industry Benchmark (Top 10) PS Analysis vs HITECH CORPORATION 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.53x |
Max industry PS | 11.16x |
Median industry PS | 2.64x |
Average industry PS | 3.40x |
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