CREATIVE NEWTECH
|
The Current P/S Ratio of CREATIVE NEWTECH is 0.72.
Share Price | ₹784.4 | Sep 06,2024 |
Market Cap | ₹1,106.0 Cr | |
Sales-TTM | ₹1,545.8 Cr | TTM-Consolidated Results |
Price/Sales | 0.72x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of CREATIVE NEWTECH
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹1,106.0 Cr] as on Sep 06,2024
(/) Sales [ ₹1,545.8 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 0.72x ]
Thus, for CREATIVE NEWTECH , the investors are currently willing to pay '0.72 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 CREATIVE NEWTECH !
The chart below summarizes the trend in P/S Ratio of CREATIVE NEWTECH over the last five years.
Historical PS (Price/Sales) ratio chart of CREATIVE NEWTECH
PS Ratio Performance Analysis for CREATIVE NEWTECH
- CREATIVE NEWTECH 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.38x.
- CREATIVE NEWTECH 's operated at median p/e ratio of 0.23x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, CREATIVE NEWTECH 's p/e ratio peaked in Mar2022 at 0.92x.
- CREATIVE NEWTECH 's p/e ratio hit its five-year low in Mar2019 of 0.17x.
How does CREATIVE NEWTECH 's P/S Ratio benchmark against top 10 peers in Trading Industry?
Peer Comparison (Trading Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
CREATIVE NEWTECH | 1,545.8 | 0.72 | 1,106.0 |
ADANI ENTERPRISES LTD | 105,506.0 | 3.22 | 339,361.0 |
REDINGTON LTD | 89,440.9 | 0.17 | 15,510.4 |
HONASA CONSUMER LTD | 2,009.5 | 8.60 | 17,272.5 |
MMTC LTD | -208.5 | -68.64 | 14,310.0 |
MSTC LTD | 761.3 | 6.96 | 5,296.2 |
LLOYDS ENTERPRISES LTD | 1,130.4 | 4.49 | 5,075.8 |
VERITAS (INDIA) LTD | 4,114.8 | 0.69 | 2,843.1 |
NOVARTIS INDIA LTD | 336.8 | 7.99 | 2,692.0 |
OPTIEMUS INFRACOM LTD | 1,738.8 | 2.90 | 5,045.4 |
MISHTANN FOODS LTD | 364.5 | 4.45 | 1,622.9 |
Trading Industry Benchmark (Top 10) PS Analysis vs CREATIVE NEWTECH 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | -68.64x |
Max industry PS | 8.60x |
Median industry PS | 3.22x |
Average industry PS | -2.59x |
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