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FILATEX INDIA
PS (Price/Sales) Ratio

The Current P/S Ratio of FILATEX INDIA is 0.60.

Share Price ₹58.0Apr 19,2024
Market Cap ₹2,573.7 Cr
Sales-TTM₹4,306.8 CrTTM-Standalone Results
Price/Sales0.60xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of FILATEX INDIA

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 FILATEX INDIA is calculated as :

Current Market Cap [ ₹2,573.7 Cr] as on Apr 19,2024

(/) Sales [ ₹4,306.8 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 0.60x ]

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

Thus, for FILATEX INDIA , the investors are currently willing to pay '0.60 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 FILATEX INDIA !

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

Historical PS (Price/Sales) ratio chart of FILATEX INDIA


PS Ratio Performance Analysis for FILATEX INDIA

- FILATEX INDIA 's latest p/e ratio is 0.60x.

- FILATEX INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.46x.

- FILATEX INDIA 's operated at median p/e ratio of 0.4x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, FILATEX INDIA 's p/e ratio peaked in Mar2022 at 0.75x.

- FILATEX INDIA 's p/e ratio hit its five-year low in Mar2020 of 0.14x.


How does FILATEX INDIA 's P/S Ratio benchmark against top 10 peers in Textile - Spinning Industry?

Peer Comparison (Textile - Spinning Industry)Sales (Cr)PS RatioMarket Cap (Cr)
FILATEX INDIA 4,306.80.602,573.7
TRIDENT LTD6,699.82.9419,675.5
NITIN SPINNERS LTD2,759.70.701,943.5
NAHAR SPINNING MILLS LTD2,958.30.341,014.9
SUTLEJ TEXTILES AND INDUSTRIES LTD2,790.90.33914.8
AMBIKA COTTON MILLS LTD803.91.11888.4
RAJAPALAYAM MILLS LTD856.61.00852.6
NAHAR INDUSTRIAL ENTERPRISES LTD1,497.10.36532.5
SUPER SALES INDIA LTD415.61.27526.7
PRECOT LTD956.20.48454.5
MARAL OVERSEAS LTD971.70.30294.5

Textile - Spinning Industry Benchmark (Top 10) PS Analysis vs FILATEX INDIA 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.30x
Max industry PS 2.94x
Median industry PS 0.60x
Average industry PS 0.86x



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