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Titan Biotech (BOM:524717) PS Ratio : 3.99 (As of Dec. 11, 2024)


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What is Titan Biotech PS Ratio?

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Titan Biotech's share price is ₹816.05. Titan Biotech's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was ₹204.35. Hence, Titan Biotech's PS Ratio for today is 3.99.

Warning Sign:

Titan Biotech Ltd stock PS Ratio (=4.27) is close to 10-year high of 4.61

The historical rank and industry rank for Titan Biotech's PS Ratio or its related term are showing as below:

BOM:524717' s PS Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.86   Max: 4.61
Current: 4.06

During the past 13 years, Titan Biotech's highest PS Ratio was 4.61. The lowest was 0.36. And the median was 0.86.

BOM:524717's PS Ratio is ranked better than
72.34% of 1016 companies
in the Biotechnology industry
Industry Median: 8.76 vs BOM:524717: 4.06

Titan Biotech's Revenue per Sharefor the three months ended in Sep. 2024 was ₹48.26. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was ₹204.35.

Good Sign:

Titan Biotech Ltd has shown predictable revenue and earnings growth.

During the past 12 months, the average Revenue per Share Growth Rate of Titan Biotech was 16.20% per year. During the past 3 years, the average Revenue per Share Growth Rate was 4.90% per year. During the past 5 years, the average Revenue per Share Growth Rate was 19.70% per year. During the past 10 years, the average Revenue per Share Growth Rate was 15.80% per year.

During the past 13 years, Titan Biotech's highest 3-Year average Revenue per Share Growth Rate was 32.40% per year. The lowest was 4.90% per year. And the median was 13.55% per year.

Back to Basics: PS Ratio


Titan Biotech PS Ratio Historical Data

The historical data trend for Titan Biotech's PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Titan Biotech PS Ratio Chart

Titan Biotech Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 1.08 1.75 1.13 2.66

Titan Biotech Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.00 2.10 2.66 2.92 3.47

Competitive Comparison of Titan Biotech's PS Ratio

For the Biotechnology subindustry, Titan Biotech's PS Ratio, along with its competitors' market caps and PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Titan Biotech's PS Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Titan Biotech's PS Ratio distribution charts can be found below:

* The bar in red indicates where Titan Biotech's PS Ratio falls into.



Titan Biotech PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Titan Biotech's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=816.05/204.353
=3.99

Titan Biotech's Share Price of today is ₹816.05.
Titan Biotech's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹204.35.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Titan Biotech  (BOM:524717) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Titan Biotech PS Ratio Related Terms

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Titan Biotech Business Description

Traded in Other Exchanges
N/A
Address
903-909, 9th Floor, Bigjos Tower, Netaji Subhash Place, Delhi, IND, 110034
Titan Biotech Ltd is a manufacturer and exporter of biological products. It manufactures biological products such as peptone, malt extract, yeast extract, liver extract, bile extract, culture media, laboratory chemicals, plant growth promoters and others. The biological products have applications in the field of pharmaceutical, nutraceutical, food and beverages, biotechnology and fermentation, cosmetic, veterinary and animal feed, agriculture industries, and others. The Company's business activity falls within a single primary business segment which is business of Biological Products. The firm sells its products in India and also exports internationally, of which the majority of the revenue is derived from the sales made in India.

Titan Biotech Headlines

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