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GANESHA ECOSPHERE
PS (Price/Sales) Ratio

The Current P/S Ratio of GANESHA ECOSPHERE is 2.44.

Share Price ₹1,079.0Apr 25,2024
Market Cap ₹2,729.7 Cr
Sales-TTM₹1,118.9 CrTTM-Consolidated Results
Price/Sales2.44xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of GANESHA ECOSPHERE

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 GANESHA ECOSPHERE is calculated as :

Current Market Cap [ ₹2,729.7 Cr] as on Apr 25,2024

(/) Sales [ ₹1,118.9 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 2.44x ]

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

Thus, for GANESHA ECOSPHERE , the investors are currently willing to pay '2.44 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 GANESHA ECOSPHERE !

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

Historical PS (Price/Sales) ratio chart of GANESHA ECOSPHERE


PS Ratio Performance Analysis for GANESHA ECOSPHERE

- GANESHA ECOSPHERE 's latest p/e ratio is 2.44x.

- GANESHA ECOSPHERE 's p/e ratio for fiscal years ending Mar2023 to Mar2020 averaged 1.31x.

- GANESHA ECOSPHERE 's operated at median p/e ratio of 1.57x from fiscal years ending March 2018 to 2022.

- Looking back at the last 4 fiscal years, GANESHA ECOSPHERE 's p/e ratio peaked in Mar2021 at 1.71x.

- GANESHA ECOSPHERE 's p/e ratio hit its five-year low in Mar2020 of 0.41x.


How does GANESHA ECOSPHERE '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)
GANESHA ECOSPHERE 1,118.92.442,729.7
INDO RAMA SYNTHETICS (INDIA) LTD3,849.20.311,178.9
BANSWARA SYNTEX LTD1,289.50.40509.7
SARLA PERFORMANCE FIBERS LTD347.21.41489.5
VARDHMAN ACRYLICS LTD309.71.50463.7
PASUPATI ACRYLON LTD576.70.60346.3

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

Top 10 Industry PeersPS Ratio
Min industry PS 0.31x
Max industry PS 2.44x
Median industry PS 1.41x
Average industry PS 1.11x



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