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GLOBE TEXTILES (INDIA)
PS (Price/Sales) Ratio

The Current P/S Ratio of GLOBE TEXTILES (INDIA) is 0.39.

Share Price ₹5.4Sep 18,2024
Market Cap ₹161.0 Cr
Sales-TTM₹414.1 CrTTM-Standalone Results
Price/Sales0.39xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of GLOBE TEXTILES (INDIA)

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 GLOBE TEXTILES (INDIA) is calculated as :

Current Market Cap [ ₹161.0 Cr] as on Sep 18,2024

(/) Sales [ ₹414.1 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 0.39x ]

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

Thus, for GLOBE TEXTILES (INDIA) , the investors are currently willing to pay '0.39 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 GLOBE TEXTILES (INDIA) !

The chart below summarizes the trend in P/S Ratio of GLOBE TEXTILES (INDIA) over the last five years.

Historical PS (Price/Sales) ratio chart of GLOBE TEXTILES (INDIA)


PS Ratio Performance Analysis for GLOBE TEXTILES (INDIA)

- GLOBE TEXTILES (INDIA) 's latest p/e ratio is 0.39x.

- GLOBE TEXTILES (INDIA) 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.17x.

- GLOBE TEXTILES (INDIA) 's operated at median p/e ratio of 0.14x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, GLOBE TEXTILES (INDIA) 's p/e ratio peaked in Mar2022 at 0.35x.

- GLOBE TEXTILES (INDIA) 's p/e ratio hit its five-year low in Mar2023 of 0.09x.


How does GLOBE TEXTILES (INDIA) 's P/S Ratio benchmark against top 10 peers in Textile Industry?

Peer Comparison (Textile Industry)Sales (Cr)PS RatioMarket Cap (Cr)
GLOBE TEXTILES (INDIA) 414.10.39161.0
PAGE INDUSTRIES LTD4,626.810.3647,946.8
KPR MILL LTD6,058.64.8529,360.1
VEDANT FASHIONS LTD1,295.723.8330,880.9
SWAN ENERGY LTD5,354.63.4418,436.0
WELSPUN LIVING LTD10,031.71.7117,116.1
ALOK INDUSTRIES LTD5,087.72.5112,765.6
VARDHMAN TEXTILES LTD9,495.01.4914,182.6
ARVIND LTD7,715.11.3510,440.4
GARWARE TECHNICAL FIBRES LTD1,336.25.547,404.3
JINDAL WORLDWIDE LTD1,895.93.757,103.4

Textile Industry Benchmark (Top 10) PS Analysis vs GLOBE TEXTILES (INDIA) 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.39x
Max industry PS 23.83x
Median industry PS 3.44x
Average industry PS 5.38x



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