TVS SRICHAKRA
|
The Current P/S Ratio of TVS SRICHAKRA is 0.68.
Share Price | ₹2,833.9 | Feb 21,2025 |
Market Cap | ₹2,182.1 Cr | |
Sales-TTM | ₹3,200.8 Cr | TTM-Consolidated Results |
Price/Sales | 0.68x | Calculated as Market Cap/Sales |
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Definition & Calculation of PS (Price/Sales) ratio of TVS SRICHAKRA
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹2,182.1 Cr] as on Feb 21,2025
(/) Sales [ ₹3,200.8 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 0.68x ]
Thus, for TVS SRICHAKRA , the investors are currently willing to pay '0.68 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 TVS SRICHAKRA !
The chart below summarizes the trend in P/S Ratio of TVS SRICHAKRA over the last five years.
Historical PS (Price/Sales) ratio chart of TVS SRICHAKRA
PS Ratio Performance Analysis for TVS SRICHAKRA
- TVS SRICHAKRA 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.63x.
- TVS SRICHAKRA 's operated at median p/e ratio of 0.65x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TVS SRICHAKRA 's p/e ratio peaked in Mar2024 at 1.02x.
- TVS SRICHAKRA 's p/e ratio hit its five-year low in Mar2020 of 0.32x.
How does TVS SRICHAKRA 's P/S Ratio benchmark against top 10 peers in Tyres & Allied Industry?
Peer Comparison (Tyres & Allied Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
TVS SRICHAKRA | 3,200.8 | 0.68 | 2,182.1 |
BALKRISHNA INDUSTRIES LTD | 10,376.5 | 5.04 | 52,319.4 |
MRF LTD | 27,427.7 | 1.69 | 46,296.8 |
APOLLO TYRES LTD | 25,958.0 | 1.00 | 25,969.3 |
CEAT LTD | 12,789.1 | 0.86 | 11,059.1 |
JK TYRE & INDUSTRIES LTD | 14,632.8 | 0.55 | 7,994.5 |
GOODYEAR INDIA LTD | 2,555.9 | 0.79 | 2,022.7 |
TOLINS TYRES LTD | 298.4 | 1.72 | 514.2 |
Tyres & Allied Industry Benchmark (Top 10) PS Analysis vs TVS SRICHAKRA 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.55x |
Max industry PS | 5.04x |
Median industry PS | 1.00x |
Average industry PS | 1.54x |
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