AXITA COTTON
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The Current P/S Ratio of AXITA COTTON is 0.51.
Share Price | ₹15.1 | Oct 17,2024 |
Market Cap | ₹524.8 Cr | |
Sales-TTM | ₹1,030.8 Cr | TTM-Standalone Results |
Price/Sales | 0.51x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of AXITA COTTON
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
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 ]
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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
AXITA COTTON | 1,030.8 | 0.51 | 524.8 |
PAGE INDUSTRIES LTD | 4,626.8 | 10.95 | 50,679.7 |
KPR MILL LTD | 6,058.6 | 5.28 | 32,005.8 |
VEDANT FASHIONS LTD | 1,295.7 | 24.88 | 32,242.4 |
SWAN ENERGY LTD | 5,354.6 | 3.15 | 16,867.1 |
WELSPUN LIVING LTD | 10,031.7 | 1.55 | 15,504.7 |
ALOK INDUSTRIES LTD | 4,614.3 | 2.49 | 11,484.6 |
VARDHMAN TEXTILES LTD | 9,495.0 | 1.42 | 13,516.0 |
ARVIND LTD | 7,715.1 | 1.24 | 9,587.2 |
GARWARE TECHNICAL FIBRES LTD | 1,336.2 | 6.24 | 8,341.7 |
JINDAL WORLDWIDE LTD | 1,895.9 | 3.30 | 6,259.2 |
Textile Industry Benchmark (Top 10) PS Analysis vs AXITA COTTON 's P/S Ratio
Top 10 Industry Peers | PS 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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