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TINE AGRO
PS (Price/Sales) Ratio

The Current P/S Ratio of TINE AGRO is 7.47.

Share Price ₹12.1Dec 04,2024
Market Cap ₹1,295.4 Cr
Sales-TTM₹173.3 CrTTM-Standalone Results
Price/Sales7.47xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of TINE AGRO

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 TINE AGRO is calculated as :

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 ]

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

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 latest p/e ratio is 7.47x.

- 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 RatioMarket Cap (Cr)
TINE AGRO 173.37.471,295.4
PAGE INDUSTRIES LTD4,747.910.7951,239.9
KPR MILL LTD6,027.75.7034,374.5
VEDANT FASHIONS LTD1,345.424.3632,768.9
SWAN ENERGY LTD5,163.54.3022,228.8
WELSPUN LIVING LTD10,395.71.5115,667.8
ALOK INDUSTRIES LTD4,614.32.4911,489.6
VARDHMAN TEXTILES LTD9,599.91.5514,904.1
ARVIND LTD7,981.71.2610,096.2
GARWARE TECHNICAL FIBRES LTD1,428.56.689,537.2
JINDAL WORLDWIDE LTD2,074.93.817,902.5

Textile Industry Benchmark (Top 10) PS Analysis vs TINE AGRO 's P/S Ratio

Top 10 Industry PeersPS 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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