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TAINWALA CHEMICALS & PLASTICS (INDIA)
PS (Price/Sales) Ratio

The Current P/S Ratio of TAINWALA CHEMICALS & PLASTICS (INDIA) is 18.84.

Share Price ₹234.7Jan 13,2025
Market Cap ₹220.6 Cr
Sales-TTM₹11.7 CrTTM-Standalone Results
Price/Sales18.84xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of TAINWALA CHEMICALS & PLASTICS (INDIA)

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 TAINWALA CHEMICALS & PLASTICS (INDIA) is calculated as :

Current Market Cap [ ₹220.6 Cr] as on Jan 13,2025

(/) Sales [ ₹11.7 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 18.84x ]

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

Thus, for TAINWALA CHEMICALS & PLASTICS (INDIA) , the investors are currently willing to pay '18.84 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 TAINWALA CHEMICALS & PLASTICS (INDIA) !

The chart below summarizes the trend in P/S Ratio of TAINWALA CHEMICALS & PLASTICS (INDIA) over the last five years.

Historical PS (Price/Sales) ratio chart of TAINWALA CHEMICALS & PLASTICS (INDIA)


PS Ratio Performance Analysis for TAINWALA CHEMICALS & PLASTICS (INDIA)

- TAINWALA CHEMICALS & PLASTICS (INDIA) 's latest p/e ratio is 18.84x.

- TAINWALA CHEMICALS & PLASTICS (INDIA) 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 6.89x.

- TAINWALA CHEMICALS & PLASTICS (INDIA) 's operated at median p/e ratio of 7.95x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TAINWALA CHEMICALS & PLASTICS (INDIA) 's p/e ratio peaked in Mar2021 at 8.31x.

- TAINWALA CHEMICALS & PLASTICS (INDIA) 's p/e ratio hit its five-year low in Mar2020 of 3.45x.


How does TAINWALA CHEMICALS & PLASTICS (INDIA) 's P/S Ratio benchmark against top 10 peers in Plastic Products Industry?

Peer Comparison (Plastic Products Industry)Sales (Cr)PS RatioMarket Cap (Cr)
TAINWALA CHEMICALS & PLASTICS (INDIA) 11.718.84220.6
ASTRAL LTD5,749.36.8839,543.0
SUPREME INDUSTRIES LTD10,366.35.2454,339.6
FINOLEX INDUSTRIES LTD4,224.03.0512,871.8
RESPONSIVE INDUSTRIES LTD1,224.95.276,454.6
PRINCE PIPES AND FITTINGS LTD2,585.31.694,368.8
EPL LTD4,097.91.797,314.9
JAI CORP LTD485.95.932,880.9
TIME TECHNOPLAST LTD5,319.51.709,054.5
GARWARE HITECH FILMS LTD1,995.34.679,309.9
JAIN IRRIGATION SYSTEMS LTD5,754.20.824,725.9

Plastic Products Industry Benchmark (Top 10) PS Analysis vs TAINWALA CHEMICALS & PLASTICS (INDIA) 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.82x
Max industry PS 18.84x
Median industry PS 4.67x
Average industry PS 5.08x



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