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CREATIVE NEWTECH
PS (Price/Sales) Ratio

The Current P/S Ratio of CREATIVE NEWTECH is 0.62.

Share Price ₹799.9May 03,2024
Market Cap ₹1,127.9 Cr
Sales-TTM₹1,806.1 CrTTM-Consolidated Results
Price/Sales0.62xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of CREATIVE NEWTECH

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 CREATIVE NEWTECH is calculated as :

Current Market Cap [ ₹1,127.9 Cr] as on May 03,2024

(/) Sales [ ₹1,806.1 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 0.62x ]

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

Thus, for CREATIVE NEWTECH , the investors are currently willing to pay '0.62 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 CREATIVE NEWTECH !

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

Historical PS (Price/Sales) ratio chart of CREATIVE NEWTECH


PS Ratio Performance Analysis for CREATIVE NEWTECH

- CREATIVE NEWTECH 's latest p/e ratio is 0.62x.

- CREATIVE NEWTECH 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.38x.

- CREATIVE NEWTECH 's operated at median p/e ratio of 0.23x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, CREATIVE NEWTECH 's p/e ratio peaked in Mar2022 at 0.92x.

- CREATIVE NEWTECH 's p/e ratio hit its five-year low in Mar2019 of 0.17x.


How does CREATIVE NEWTECH 's P/S Ratio benchmark against top 10 peers in Trading Industry?

Peer Comparison (Trading Industry)Sales (Cr)PS RatioMarket Cap (Cr)
CREATIVE NEWTECH 1,806.10.621,127.9
ADANI ENTERPRISES LTD105,472.03.24341,237.0
REDINGTON LTD88,760.90.1917,058.3
HONASA CONSUMER LTD1,777.07.6613,613.4
MMTC LTD712.915.5611,091.0
MSTC LTD748.38.316,222.0
LLOYDS ENTERPRISES LTD958.45.024,808.6
VERITAS (INDIA) LTD3,419.01.153,930.6
NOVARTIS INDIA LTD330.07.912,610.4
OPTIEMUS INFRACOM LTD1,378.11.722,365.8
MISHTANN FOODS LTD409.64.781,958.8

Trading Industry Benchmark (Top 10) PS Analysis vs CREATIVE NEWTECH 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.19x
Max industry PS 15.56x
Median industry PS 4.78x
Average industry PS 5.11x



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