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INDIAN CARD CLOTHING COMPANY
PS (Price/Sales) Ratio

The Current P/S Ratio of INDIAN CARD CLOTHING COMPANY is 3.38.

Share Price ₹264.5Nov 22,2024
Market Cap ₹156.1 Cr
Sales-TTM₹46.1 CrTTM-Consolidated Results
Price/Sales3.38xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of INDIAN CARD CLOTHING COMPANY

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 INDIAN CARD CLOTHING COMPANY is calculated as :

Current Market Cap [ ₹156.1 Cr] as on Nov 22,2024

(/) Sales [ ₹46.1 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 3.38x ]

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

Thus, for INDIAN CARD CLOTHING COMPANY , the investors are currently willing to pay '3.38 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 INDIAN CARD CLOTHING COMPANY !

The chart below summarizes the trend in P/S Ratio of INDIAN CARD CLOTHING COMPANY over the last five years.

Historical PS (Price/Sales) ratio chart of INDIAN CARD CLOTHING COMPANY


PS Ratio Performance Analysis for INDIAN CARD CLOTHING COMPANY

- INDIAN CARD CLOTHING COMPANY 's latest p/e ratio is 3.38x.

- INDIAN CARD CLOTHING COMPANY 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.84x.

- INDIAN CARD CLOTHING COMPANY 's operated at median p/e ratio of 1.9x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, INDIAN CARD CLOTHING COMPANY 's p/e ratio peaked in Mar2024 at 2.64x.

- INDIAN CARD CLOTHING COMPANY 's p/e ratio hit its five-year low in Mar2020 of 0.64x.


How does INDIAN CARD CLOTHING COMPANY 's P/S Ratio benchmark against top 10 peers in Textile - Machinery Industry?

Peer Comparison (Textile - Machinery Industry)Sales (Cr)PS RatioMarket Cap (Cr)
INDIAN CARD CLOTHING COMPANY 46.13.38156.1
LAKSHMI MACHINE WORKS LTD3,626.64.4316,074.5
STOVEC INDUSTRIES LTD236.52.50590.5

Textile - Machinery Industry Benchmark (Top 10) PS Analysis vs INDIAN CARD CLOTHING COMPANY 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 2.50x
Max industry PS 4.43x
Median industry PS 3.38x
Average industry PS 3.44x



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