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GARWARE TECHNICAL FIBRES
PS (Price/Sales) Ratio

The Current P/S Ratio of GARWARE TECHNICAL FIBRES is 4.93.

Share Price ₹3,258.0Apr 26,2024
Market Cap ₹6,483.4 Cr
Sales-TTM₹1,313.8 CrTTM-Consolidated Results
Price/Sales4.93xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of GARWARE TECHNICAL FIBRES

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 GARWARE TECHNICAL FIBRES is calculated as :

Current Market Cap [ ₹6,483.4 Cr] as on Apr 26,2024

(/) Sales [ ₹1,313.8 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 4.93x ]

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

Thus, for GARWARE TECHNICAL FIBRES , the investors are currently willing to pay '4.93 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 GARWARE TECHNICAL FIBRES !

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

Historical PS (Price/Sales) ratio chart of GARWARE TECHNICAL FIBRES


PS Ratio Performance Analysis for GARWARE TECHNICAL FIBRES

- GARWARE TECHNICAL FIBRES 's latest p/e ratio is 4.93x.

- GARWARE TECHNICAL FIBRES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.89x.

- GARWARE TECHNICAL FIBRES 's operated at median p/e ratio of 4.54x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, GARWARE TECHNICAL FIBRES 's p/e ratio peaked in Mar2021 at 5.12x.

- GARWARE TECHNICAL FIBRES 's p/e ratio hit its five-year low in Mar2019 of 2.43x.


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

Peer Comparison (Textile Industry)Sales (Cr)PS RatioMarket Cap (Cr)
GARWARE TECHNICAL FIBRES 1,313.84.936,483.4
PAGE INDUSTRIES LTD4,563.08.6139,290.4
KPR MILL LTD6,312.64.6829,551.5
VEDANT FASHIONS LTD1,346.016.8922,732.6
SWAN ENERGY LTD4,552.44.2219,232.2
WELSPUN LIVING LTD9,679.21.5414,873.5
ALOK INDUSTRIES LTD5,491.62.4913,674.3
VARDHMAN TEXTILES LTD9,530.91.3713,050.5
ARVIND LTD7,544.01.098,219.1
JINDAL WORLDWIDE LTD1,789.83.776,746.5
INDO COUNT INDUSTRIES LTD3,270.92.407,862.8

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

Top 10 Industry PeersPS Ratio
Min industry PS 1.09x
Max industry PS 16.89x
Median industry PS 3.77x
Average industry PS 4.73x



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