AXITA COTTON
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The Current P/S Ratio of AXITA COTTON is 0.54.
Share Price | ₹12.0 | Nov 26,2024 |
Market Cap | ₹418.1 Cr | |
Sales-TTM | ₹771.9 Cr | TTM-Standalone Results |
Price/Sales | 0.54x | 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 [ ₹418.1 Cr] as on Nov 26,2024
(/) Sales [ ₹771.9 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 0.54x ]
Thus, for AXITA COTTON , the investors are currently willing to pay '0.54 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 | 771.9 | 0.54 | 418.1 |
PAGE INDUSTRIES LTD | 4,747.9 | 10.69 | 50,732.8 |
KPR MILL LTD | 6,027.7 | 5.43 | 32,727.0 |
VEDANT FASHIONS LTD | 1,345.4 | 25.54 | 34,366.1 |
SWAN ENERGY LTD | 5,163.5 | 3.74 | 19,327.8 |
WELSPUN LIVING LTD | 10,395.7 | 1.37 | 14,200.2 |
ALOK INDUSTRIES LTD | 4,614.3 | 2.26 | 10,446.9 |
VARDHMAN TEXTILES LTD | 9,599.9 | 1.42 | 13,618.7 |
ARVIND LTD | 7,981.7 | 1.22 | 9,770.4 |
GARWARE TECHNICAL FIBRES LTD | 1,428.5 | 6.41 | 9,158.5 |
JINDAL WORLDWIDE LTD | 2,074.9 | 3.14 | 6,509.9 |
Textile Industry Benchmark (Top 10) PS Analysis vs AXITA COTTON 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.54x |
Max industry PS | 25.54x |
Median industry PS | 3.14x |
Average industry PS | 5.61x |
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