GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Pidilite Industries Ltd (NSE:PIDILITIND) » Definitions » PS Ratio

Pidilite Industries (NSE:PIDILITIND) PS Ratio : 12.79 (As of May. 01, 2024)


View and export this data going back to 1995. Start your Free Trial

What is Pidilite Industries 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, Pidilite Industries's share price is ₹3049.00. Pidilite Industries's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was ₹238.31. Hence, Pidilite Industries's PS Ratio for today is 12.79.

Warning Sign:

Pidilite Industries Ltd stock PS Ratio (=12.52) is close to 2-year high of 13.2

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

NSE:PIDILITIND' s PS Ratio Range Over the Past 10 Years
Min: 3.06   Med: 8.61   Max: 15
Current: 12.52

During the past 13 years, Pidilite Industries's highest PS Ratio was 15.00. The lowest was 3.06. And the median was 8.61.

NSE:PIDILITIND's PS Ratio is ranked worse than
96.01% of 1527 companies
in the Chemicals industry
Industry Median: 1.45 vs NSE:PIDILITIND: 12.52

Pidilite Industries's Revenue per Sharefor the three months ended in Dec. 2023 was ₹61.56. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was ₹238.31.

Warning Sign:

Pidilite Industries Ltd revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Pidilite Industries was 4.70% per year. During the past 3 years, the average Revenue per Share Growth Rate was 17.40% per year. During the past 5 years, the average Revenue per Share Growth Rate was 13.20% per year. During the past 10 years, the average Revenue per Share Growth Rate was 10.90% per year.

During the past 13 years, Pidilite Industries's highest 3-Year average Revenue per Share Growth Rate was 29.80% per year. The lowest was 6.30% per year. And the median was 15.65% per year.

Back to Basics: PS Ratio


Pidilite Industries PS Ratio Historical Data

The historical data trend for Pidilite Industries'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.

Pidilite Industries PS Ratio Chart

Pidilite Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.00 9.50 12.69 12.63 10.18

Pidilite Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 11.20 10.18 11.08 10.35 11.39

Competitive Comparison of Pidilite Industries's PS Ratio

For the Specialty Chemicals subindustry, Pidilite Industries'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.


Pidilite Industries's PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Pidilite Industries's PS Ratio distribution charts can be found below:

* The bar in red indicates where Pidilite Industries's PS Ratio falls into.



Pidilite Industries 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.

Pidilite Industries's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=3049.00/238.311
=12.79

Pidilite Industries's Share Price of today is ₹3049.00.
Pidilite Industries's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹238.31.

* 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.


Pidilite Industries  (NSE:PIDILITIND) 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.


Pidilite Industries PS Ratio Related Terms

Thank you for viewing the detailed overview of Pidilite Industries's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Pidilite Industries (NSE:PIDILITIND) Business Description

Traded in Other Exchanges
Address
Ramkrishna Mandir Road, Off Mathuradas Vasanji Road, Andheri (East), Mumbai, MH, IND, 400 059
Pidilite Industries Ltd manufactures and sells paints, adhesives, and sealants in two segments based on the customer: The consumer and bazaar products segment, which generates the majority of revenue, sells adhesives and sealants, construction paint chemicals, art and craft materials. The Business to Business segment sells industrial products such as industrial adhesives resins, and organic pigments and preparations. Pidilite Industries sells its products through dealers and distribution networks. The vast majority of revenue comes from India.

Pidilite Industries (NSE:PIDILITIND) Headlines

No Headlines