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ASHIMA
PS (Price/Sales) Ratio

The Current P/S Ratio of ASHIMA is 1.57.

Share Price ₹18.1Apr 19,2024
Market Cap ₹347.6 Cr
Sales-TTM₹221.4 CrTTM-Standalone Results
Price/Sales1.57xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of ASHIMA

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 ASHIMA is calculated as :

Current Market Cap [ ₹347.6 Cr] as on Apr 19,2024

(/) Sales [ ₹221.4 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 1.57x ]

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

Thus, for ASHIMA , the investors are currently willing to pay '1.57 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 ASHIMA !

The chart below summarizes the trend in P/S Ratio of ASHIMA over the last five years.

Historical PS (Price/Sales) ratio chart of ASHIMA


PS Ratio Performance Analysis for ASHIMA

- ASHIMA 's latest p/e ratio is 1.57x.

- ASHIMA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.16x.

- ASHIMA 's operated at median p/e ratio of 1.16x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ASHIMA 's p/e ratio peaked in Mar2021 at 2.93x.

- ASHIMA 's p/e ratio hit its five-year low in Mar2020 of 0.06x.


How does ASHIMA 's P/S Ratio benchmark against top 10 peers in Textile Industry?

Peer Comparison (Textile Industry)Sales (Cr)PS RatioMarket Cap (Cr)
ASHIMA 221.41.57347.6
PAGE INDUSTRIES LTD4,563.08.6439,435.5
KPR MILL LTD6,312.64.5728,840.6
VEDANT FASHIONS LTD1,346.016.6022,344.0
SWAN ENERGY LTD4,552.44.2519,341.9
WELSPUN LIVING LTD9,257.91.5414,212.7
ALOK INDUSTRIES LTD5,583.82.4713,803.4
VARDHMAN TEXTILES LTD9,530.91.3913,258.7
ARVIND LTD7,544.01.068,015.1
GARWARE TECHNICAL FIBRES LTD1,313.84.906,436.8
JINDAL WORLDWIDE LTD1,789.83.666,553.0

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

Top 10 Industry PeersPS Ratio
Min industry PS 1.06x
Max industry PS 16.60x
Median industry PS 3.66x
Average industry PS 4.60x



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