Thermax (THERMAX.NS)

P/S ratio as of December 2025 (TTM): 3.07

According to Thermax's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 6.26. At the end of 2025 the company had a P/S ratio of 3.50.

P/S ratio history for Thermax from 2016 to 2025

PS ratio at the end of each year

Year	P/S ratio	Change
2025	3.50	-28.14%
2024	4.87	24.52%
2023	3.91	33.41%
2022	2.93	-22.02%
2021	3.76	52.86%
2020	2.46	24.12%
2019	1.98	-19.48%
2018	2.46	-24.51%
2017	3.26	76.06%
2016	1.85

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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P/S ratio for Thermax (THERMAX.NS)