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BANSWARA SYNTEX
PS (Price/Sales) Ratio

The Current P/S Ratio of BANSWARA SYNTEX is 0.39.

Share Price ₹146.9Apr 19,2024
Market Cap ₹502.4 Cr
Sales-TTM₹1,289.5 CrTTM-Consolidated Results
Price/Sales0.39xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of BANSWARA SYNTEX

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 BANSWARA SYNTEX is calculated as :

Current Market Cap [ ₹502.4 Cr] as on Apr 19,2024

(/) Sales [ ₹1,289.5 Cr] based on TTM-Consolidated 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 BANSWARA SYNTEX , 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 BANSWARA SYNTEX !

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

Historical PS (Price/Sales) ratio chart of BANSWARA SYNTEX


PS Ratio Performance Analysis for BANSWARA SYNTEX

- BANSWARA SYNTEX 's latest p/e ratio is 0.39x.

- BANSWARA SYNTEX 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.20x.

- BANSWARA SYNTEX 's operated at median p/e ratio of 0.22x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BANSWARA SYNTEX 's p/e ratio peaked in Mar2022 at 0.31x.

- BANSWARA SYNTEX 's p/e ratio hit its five-year low in Mar2020 of 0.09x.


How does BANSWARA SYNTEX 's P/S Ratio benchmark against top 10 peers in Textile - Manmade Fibres Industry?

Peer Comparison (Textile - Manmade Fibres Industry)Sales (Cr)PS RatioMarket Cap (Cr)
BANSWARA SYNTEX 1,289.50.39502.4
GANESHA ECOSPHERE LTD1,118.92.362,645.6
INDO RAMA SYNTHETICS (INDIA) LTD3,849.20.301,152.6
SARLA PERFORMANCE FIBERS LTD347.21.38477.9
VARDHMAN ACRYLICS LTD309.71.44445.2
PASUPATI ACRYLON LTD576.70.59337.8

Textile - Manmade Fibres Industry Benchmark (Top 10) PS Analysis vs BANSWARA SYNTEX 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.30x
Max industry PS 2.36x
Median industry PS 1.38x
Average industry PS 1.08x



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