Home > PS Ratio > TIMEX GROUP INDIA

TIMEX GROUP INDIA
PS (Price/Sales) Ratio

The Current P/S Ratio of TIMEX GROUP INDIA is 4.04.

Share Price ₹187.7Nov 12,2024
Market Cap ₹1,895.3 Cr
Sales-TTM₹469.0 CrTTM-Standalone Results
Price/Sales4.04xCalculated as Market Cap/Sales
Explore Stock Analytics
COMMUNITY POLL
for TIMEX GROUP INDIA
Please provide your vote to see the results
TIMEX GROUP INDIA is part of below Screeners ↓
Best Quarterly Growth Small Cap Stocks
Best 1M Momentum Small Cap Stocks

Definition & Calculation of PS (Price/Sales) ratio of TIMEX GROUP 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 TIMEX GROUP INDIA is calculated as :

Current Market Cap [ ₹1,895.3 Cr] as on Nov 12,2024

(/) Sales [ ₹469.0 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 4.04x ]

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

Thus, for TIMEX GROUP INDIA , the investors are currently willing to pay '4.04 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 TIMEX GROUP INDIA !

The chart below summarizes the trend in P/S Ratio of TIMEX GROUP INDIA over the last five years.

Historical PS (Price/Sales) ratio chart of TIMEX GROUP INDIA


PS Ratio Performance Analysis for TIMEX GROUP INDIA

- TIMEX GROUP INDIA 's latest p/e ratio is 4.04x.

- TIMEX GROUP INDIA 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.34x.

- TIMEX GROUP INDIA 's operated at median p/e ratio of 2.54x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TIMEX GROUP INDIA 's p/e ratio peaked in Mar2024 at 3.31x.

- TIMEX GROUP INDIA 's p/e ratio hit its five-year low in Mar2020 of 0.7x.


How does TIMEX GROUP INDIA 's P/S Ratio benchmark against top 10 peers in Watches & Accessories Industry?

Peer Comparison (Watches & Accessories Industry)Sales (Cr)PS RatioMarket Cap (Cr)
TIMEX GROUP INDIA 469.04.041,895.3
KDDL LTD1,476.12.223,283.5

Watches & Accessories Industry Benchmark (Top 10) PS Analysis vs TIMEX GROUP INDIA 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 2.22x
Max industry PS 4.04x
Median industry PS 4.04x
Average industry PS 3.13x



You may also like the below Video Courses