Styrenix Performance Materials Limited engages in the manufacture, trading, and sale of engineering thermoplastics in India. It offers Absolac, a plastic resin that is used for manufacturing of automobile interiors and exteriors, household appliances, and housings for electronic devices; and Absolan, which is primarily used in industrial goods, cosmetic packing, stationery, electrical appliances, household applications, and cosmetic jars. The company also offers general purpose poly styrene, a transparent polymer, which is used in TV light diffuser plate, XPS insulation boards, refrigerator drawers, medical labware, PSP and disposable packaging, CD jewel box, and clothes hanger; and high impact polystyrene resin that is used in electronics goods housing, refrigerator in-liner and door liner, injection mold, beverage cups, dairy products packaging, sheets, disposables, yogurt bottles, and toys; styroloy, a blended product which is used in automotive exterior, interior, household and electronics applications; Asalac, a polymer used for automotive exterior and interior applications. The company was formerly known as INEOS Styrolution India Limited and changed its name to Styrenix Performance Materials Limited in January 2023. Styrenix Performance Materials Limited was incorporated in 1973 and is based in Vadodara, India.
Metrics to compare | STYE | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipSTYEPeersSector | |
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P/E Ratio | 20.8x | −3.3x | 0.6x | |
PEG Ratio | 1.55 | 0.04 | 0.00 | |
Price/Book | 4.0x | 2.6x | 1.6x | |
Price / LTM Sales | 1.5x | 1.9x | 1.3x | |
Upside (Analyst Target) | - | 4.0% | 19.2% | |
Fair Value Upside | Unlock | −3.1% | 0.7% | Unlock |