GLOBE TEXTILES (INDIA)
|
The Current P/S Ratio of GLOBE TEXTILES (INDIA) is 0.39.
Share Price | ₹5.4 | Sep 18,2024 |
Market Cap | ₹161.0 Cr | |
Sales-TTM | ₹414.1 Cr | TTM-Standalone Results |
Price/Sales | 0.39x | Calculated as Market Cap/Sales |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of GLOBE TEXTILES (INDIA)
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
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 ]
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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
GLOBE TEXTILES (INDIA) | 414.1 | 0.39 | 161.0 |
PAGE INDUSTRIES LTD | 4,626.8 | 10.36 | 47,946.8 |
KPR MILL LTD | 6,058.6 | 4.85 | 29,360.1 |
VEDANT FASHIONS LTD | 1,295.7 | 23.83 | 30,880.9 |
SWAN ENERGY LTD | 5,354.6 | 3.44 | 18,436.0 |
WELSPUN LIVING LTD | 10,031.7 | 1.71 | 17,116.1 |
ALOK INDUSTRIES LTD | 5,087.7 | 2.51 | 12,765.6 |
VARDHMAN TEXTILES LTD | 9,495.0 | 1.49 | 14,182.6 |
ARVIND LTD | 7,715.1 | 1.35 | 10,440.4 |
GARWARE TECHNICAL FIBRES LTD | 1,336.2 | 5.54 | 7,404.3 |
JINDAL WORLDWIDE LTD | 1,895.9 | 3.75 | 7,103.4 |
Textile Industry Benchmark (Top 10) PS Analysis vs GLOBE TEXTILES (INDIA) 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.39x |
Max industry PS | 23.83x |
Median industry PS | 3.44x |
Average industry PS | 5.38x |
You may also like the below Video Courses