HITECH CORPORATION
|
The Current P/S Ratio of HITECH CORPORATION is 0.74.
Share Price | ₹240.5 | Dec 20,2024 |
Market Cap | ₹413.6 Cr | |
Sales-TTM | ₹557.1 Cr | TTM-Standalone Results |
Price/Sales | 0.74x | 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 [ ₹413.6 Cr] as on Dec 20,2024
(/) Sales [ ₹557.1 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 0.74x ]
Thus, for HITECH CORPORATION , the investors are currently willing to pay '0.74 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 | 557.1 | 0.74 | 413.6 |
ASTRAL LTD | 5,749.3 | 8.10 | 46,594.7 |
SUPREME INDUSTRIES LTD | 10,366.3 | 5.94 | 61,575.6 |
FINOLEX INDUSTRIES LTD | 4,224.0 | 3.51 | 14,813.9 |
RESPONSIVE INDUSTRIES LTD | 1,224.9 | 5.48 | 6,714.5 |
PRINCE PIPES AND FITTINGS LTD | 2,585.3 | 1.74 | 4,505.4 |
EPL LTD | 4,097.9 | 2.06 | 8,450.9 |
JAI CORP LTD | 485.9 | 11.46 | 5,567.0 |
TIME TECHNOPLAST LTD | 5,319.5 | 1.99 | 10,606.7 |
GARWARE HITECH FILMS LTD | 1,995.3 | 5.82 | 11,611.4 |
JAIN IRRIGATION SYSTEMS LTD | 5,754.2 | 0.80 | 4,621.4 |
Plastic Products Industry Benchmark (Top 10) PS Analysis vs HITECH CORPORATION 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.74x |
Max industry PS | 11.46x |
Median industry PS | 3.51x |
Average industry PS | 4.33x |
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