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Tube Investments of India Ltd
NSE:TIINDIA

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Tube Investments of India Ltd
NSE:TIINDIA
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Price: 2 965.1 INR -1.2% Market Closed
Market Cap: ₹573.9B

P/S

2.6
Current
29%
Cheaper
vs 3-y average of 3.7

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
2.6
=
Market Cap
₹504.3B
/
Revenue
₹217.8B

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
2.6
=
Market Cap
₹504.3B
/
Revenue
₹217.8B

Valuation Scenarios

Tube Investments of India Ltd is trading below its 3-year average

If P/S returns to its 3-Year Average (3.7), the stock would be worth ₹4 159.19 (40% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-36%
Maximum Upside
+40%
Average Upside
8%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 2.6 ₹2 965.1
0%
3-Year Average 3.7 ₹4 159.19
+40%
5-Year Average 3.4 ₹3 846.61
+30%
Industry Average 1.7 ₹1 897.44
-36%
Country Average 2.6 ₹2 954.98
0%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
₹504.3B
/
Jan 2026
₹217.8B
=
2.6
Current
₹504.3B
/
Mar 2026
₹86B
=
5.9
Forward
₹504.3B
/
Mar 2027
₹94.6B
=
5.3
Forward
₹504.3B
/
Mar 2028
₹104B
=
4.8
Forward

Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
P/S
P/E
All Countries
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Market Distribution

In line with most companies in India
Percentile
50th
Based on 2 983 companies
50th percentile
2.6
Low
0 — 1.5
Typical Range
1.5 — 4.6
High
4.6 —
Distribution Statistics
India
Min 0
30th Percentile 1.5
Median 2.6
70th Percentile 4.6
Max 56 363.4

Tube Investments of India Ltd
Glance View

Tube Investments of India Ltd., a prominent player headquartered in Chennai, has intricately woven its operations into the very fabric of industrial production and consumer products. Historically known for its pioneering ventures in manufacturing tubes, the company has leveraged its expertise to expand into diverse sectors. The core of its business model capitalizes on its extensive manufacturing capabilities, primarily focusing on engineering products like steel tubes, chains, and metal-formed components. These products are critical inputs for a wide array of industries, including automotive, construction, and agriculture, establishing a steady stream of revenue from a broad customer base. By ensuring high-quality standards and lean manufacturing processes, Tube Investments ensures it remains a preferred supplier to key industrial players while constantly innovating to enhance product offerings. Alongside its industrial pursuits, Tube Investments has ventured significantly into the mobility and financial services sector. The company manufactures a range of bicycles under well-known brand names, appealing to diverse consumer preferences from premium to mass-market segments, which not only broadens its market reach but also contributes significantly to its revenue diversification strategy. Moreover, seeing the potential beyond traditional manufacturing, the firm has ventured into financial services. Through its subsidiary, Cholamandalam Investment and Finance Company Limited, Tube Investments delves into providing a suite of financial products including vehicle finance and home loans, thus creating a synergistic balance between steady industrial income and the growth potential of financial services. This diversified approach, rooted in both its engineering expertise and strategic expansion into consumer and financial sectors, crafts a narrative of resilience and forward-oriented innovation.

TIINDIA Intrinsic Value
1 111.57 INR
Overvaluation 63%
Intrinsic Value
Price ₹2 965.1
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