NITIN SPINNERS
|
The Current P/S Ratio of NITIN SPINNERS is 0.67.
Share Price | ₹376.4 | Nov 22,2024 |
Market Cap | ₹2,115.1 Cr | |
Sales-TTM | ₹3,176.6 Cr | TTM-Standalone Results |
Price/Sales | 0.67x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of NITIN SPINNERS
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹2,115.1 Cr] as on Nov 22,2024
(/) Sales [ ₹3,176.6 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 0.67x ]
Thus, for NITIN SPINNERS , the investors are currently willing to pay '0.67 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 NITIN SPINNERS !
The chart below summarizes the trend in P/S Ratio of NITIN SPINNERS over the last five years.
Historical PS (Price/Sales) ratio chart of NITIN SPINNERS
PS Ratio Performance Analysis for NITIN SPINNERS
- NITIN SPINNERS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.40x.
- NITIN SPINNERS 's operated at median p/e ratio of 0.47x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NITIN SPINNERS 's p/e ratio peaked in Mar2024 at 0.63x.
- NITIN SPINNERS 's p/e ratio hit its five-year low in Mar2020 of 0.11x.
How does NITIN SPINNERS 's P/S Ratio benchmark against top 10 peers in Textile - Spinning Industry?
Peer Comparison (Textile - Spinning Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
NITIN SPINNERS | 3,176.6 | 0.67 | 2,115.1 |
TRIDENT LTD | 6,973.3 | 2.30 | 16,016.6 |
FILATEX INDIA LTD | 4,212.2 | 0.68 | 2,843.3 |
NAHAR SPINNING MILLS LTD | 3,170.1 | 0.27 | 861.8 |
SUTLEJ TEXTILES AND INDUSTRIES LTD | 2,607.4 | 0.36 | 944.3 |
AMBIKA COTTON MILLS LTD | 811.6 | 1.01 | 818.5 |
RAJAPALAYAM MILLS LTD | 873.1 | 1.06 | 928.9 |
NAHAR INDUSTRIAL ENTERPRISES LTD | 1,446.8 | 0.40 | 572.7 |
SUPER SALES INDIA LTD | 400.9 | 0.99 | 397.2 |
PRECOT LTD | 975.7 | 0.67 | 654.7 |
MARAL OVERSEAS LTD | 1,009.4 | 0.30 | 299.1 |
Textile - Spinning Industry Benchmark (Top 10) PS Analysis vs NITIN SPINNERS 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.27x |
Max industry PS | 2.30x |
Median industry PS | 0.67x |
Average industry PS | 0.79x |
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