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AXITA COTTON
PS (Price/Sales) Ratio

The Current P/S Ratio of AXITA COTTON is 0.51.

Share Price ₹15.1Oct 17,2024
Market Cap ₹524.8 Cr
Sales-TTM₹1,030.8 CrTTM-Standalone Results
Price/Sales0.51xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of AXITA COTTON

Price-to-Sales ratio, P/S Multiple, or P/S Ratio is an important valuation multiple that is defined as:

P/S = Market Capitalization / Sales

or, using per-share numbers:

P/S = Stock Price / Sales Per Share

Applying the above formula, P/S ratio of AXITA COTTON is calculated as :

Current Market Cap [ ₹524.8 Cr] as on Oct 17,2024

(/) Sales [ ₹1,030.8 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 0.51x ]

P/S Ratio indicates 'the multiple of sales' investors are willing to pay to own one share of the company.

Thus, for AXITA COTTON , the investors are currently willing to pay '0.51 times sales' to own 1 share of the company.

PS Multiples are one of the most widely used valuation multiple in the industry.

P/S ratios can be a reliable benchmark to compare companies with negative earnings or book value.

You may also explore Price to Earnings ratio or Price to Book ratio of AXITA COTTON !

The chart below summarizes the trend in P/S Ratio of AXITA COTTON over the last five years.

Historical PS (Price/Sales) ratio chart of AXITA COTTON


PS Ratio Performance Analysis for AXITA COTTON

- AXITA COTTON 's latest p/e ratio is 0.51x.

- AXITA COTTON 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.62x.

- AXITA COTTON 's operated at median p/e ratio of 0.35x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, AXITA COTTON 's p/e ratio peaked in Mar2023 at 2.04x.

- AXITA COTTON 's p/e ratio hit its five-year low in Mar2021 of 0.09x.


How does AXITA COTTON 's P/S Ratio benchmark against top 10 peers in Textile Industry?

Peer Comparison (Textile Industry)Sales (Cr)PS RatioMarket Cap (Cr)
AXITA COTTON 1,030.80.51524.8
PAGE INDUSTRIES LTD4,626.810.9550,679.7
KPR MILL LTD6,058.65.2832,005.8
VEDANT FASHIONS LTD1,295.724.8832,242.4
SWAN ENERGY LTD5,354.63.1516,867.1
WELSPUN LIVING LTD10,031.71.5515,504.7
ALOK INDUSTRIES LTD4,614.32.4911,484.6
VARDHMAN TEXTILES LTD9,495.01.4213,516.0
ARVIND LTD7,715.11.249,587.2
GARWARE TECHNICAL FIBRES LTD1,336.26.248,341.7
JINDAL WORLDWIDE LTD1,895.93.306,259.2

Textile Industry Benchmark (Top 10) PS Analysis vs AXITA COTTON 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.51x
Max industry PS 24.88x
Median industry PS 3.15x
Average industry PS 5.55x



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