TOURISM FINANCE CORPORATION OF INDIA
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The Current P/S Ratio of TOURISM FINANCE CORPORATION OF INDIA is 5.93.
Share Price | ₹161.0 | Dec 20,2024 |
Market Cap | ₹1,490.9 Cr | |
Sales-TTM | ₹251.3 Cr | TTM-Standalone Results |
Price/Sales | 5.93x | Calculated as Market Cap/Sales |
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Definition & Calculation of PS (Price/Sales) ratio of TOURISM FINANCE CORPORATION OF INDIA
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹1,490.9 Cr] as on Dec 20,2024
(/) Sales [ ₹251.3 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 5.93x ]
Thus, for TOURISM FINANCE CORPORATION OF INDIA , the investors are currently willing to pay '5.93 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 TOURISM FINANCE CORPORATION OF INDIA !
The chart below summarizes the trend in P/S Ratio of TOURISM FINANCE CORPORATION OF INDIA over the last five years.
Historical PS (Price/Sales) ratio chart of TOURISM FINANCE CORPORATION OF INDIA
PS Ratio Performance Analysis for TOURISM FINANCE CORPORATION OF INDIA
- TOURISM FINANCE CORPORATION OF INDIA 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.87x.
- TOURISM FINANCE CORPORATION OF INDIA 's operated at median p/e ratio of 2.14x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TOURISM FINANCE CORPORATION OF INDIA 's p/e ratio peaked in Mar2024 at 6.51x.
- TOURISM FINANCE CORPORATION OF INDIA 's p/e ratio hit its five-year low in Mar2020 of 1x.
How does TOURISM FINANCE CORPORATION OF INDIA 's P/S Ratio benchmark against top 10 peers in Finance Term Lending Industry?
Peer Comparison (Finance Term Lending Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
TOURISM FINANCE CORPORATION OF INDIA | 251.3 | 5.93 | 1,490.9 |
INDIAN RAILWAY FINANCE CORPORATION LTD | 26,880.7 | 7.21 | 193,937.0 |
POWER FINANCE CORPORATION LTD | 98,151.8 | 1.52 | 149,577.0 |
REC LTD | 51,490.0 | 2.63 | 135,308.0 |
IFCI LTD | 2,064.8 | 7.72 | 15,940.3 |
UJJIVAN FINANCIAL SERVICES LTD | 5,678.2 | 1.27 | 7,189.6 |
MAS FINANCIAL SERVICES LTD | 1,434.4 | 3.32 | 4,756.8 |
SATIN CREDITCARE NETWORK LTD | 2,527.2 | 0.65 | 1,646.6 |
GUJARAT STATE FINANCIAL CORPORATION LTD | 1.5 | 127.83 | 193.0 |
Finance Term Lending Industry Benchmark (Top 10) PS Analysis vs TOURISM FINANCE CORPORATION OF INDIA 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.65x |
Max industry PS | 127.83x |
Median industry PS | 3.32x |
Average industry PS | 17.56x |
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