TINE AGRO
|
The Current P/S Ratio of TINE AGRO is 7.47.
Share Price | ₹12.1 | Dec 04,2024 |
Market Cap | ₹1,295.4 Cr | |
Sales-TTM | ₹173.3 Cr | TTM-Standalone Results |
Price/Sales | 7.47x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of TINE AGRO
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹1,295.4 Cr] as on Dec 04,2024
(/) Sales [ ₹173.3 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 7.47x ]
Thus, for TINE AGRO , the investors are currently willing to pay '7.47 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 TINE AGRO !
The chart below summarizes the trend in P/S Ratio of TINE AGRO over the last five years.
Historical PS (Price/Sales) ratio chart of TINE AGRO
PS Ratio Performance Analysis for TINE AGRO
- TINE AGRO 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.98x.
- TINE AGRO 's operated at median p/e ratio of 0.64x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TINE AGRO 's p/e ratio peaked in Mar2024 at 17.81x.
- TINE AGRO 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does TINE AGRO 's P/S Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
TINE AGRO | 173.3 | 7.47 | 1,295.4 |
PAGE INDUSTRIES LTD | 4,747.9 | 10.79 | 51,239.9 |
KPR MILL LTD | 6,027.7 | 5.70 | 34,374.5 |
VEDANT FASHIONS LTD | 1,345.4 | 24.36 | 32,768.9 |
SWAN ENERGY LTD | 5,163.5 | 4.30 | 22,228.8 |
WELSPUN LIVING LTD | 10,395.7 | 1.51 | 15,667.8 |
ALOK INDUSTRIES LTD | 4,614.3 | 2.49 | 11,489.6 |
VARDHMAN TEXTILES LTD | 9,599.9 | 1.55 | 14,904.1 |
ARVIND LTD | 7,981.7 | 1.26 | 10,096.2 |
GARWARE TECHNICAL FIBRES LTD | 1,428.5 | 6.68 | 9,537.2 |
JINDAL WORLDWIDE LTD | 2,074.9 | 3.81 | 7,902.5 |
Textile Industry Benchmark (Top 10) PS Analysis vs TINE AGRO 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 1.26x |
Max industry PS | 24.36x |
Median industry PS | 4.30x |
Average industry PS | 6.36x |
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