Home > PS Ratio > INDIAN CARD CLOTHING COMPANY

INDIAN CARD CLOTHING COMPANY
PS (Price/Sales) Ratio

The Current P/S Ratio of INDIAN CARD CLOTHING COMPANY is 2.50.

Share Price ₹246.3Mar 28,2024
Market Cap ₹145.3 Cr
Sales-TTM₹58.2 CrTTM-Consolidated Results
Price/Sales2.50xCalculated as Market Cap/Sales
Explore Stock Analytics
COMMUNITY POLL
for INDIAN CARD CLOTHING COMPANY
Please provide your vote to see the results

Definition & Calculation of PS (Price/Sales) ratio of INDIAN CARD CLOTHING COMPANY

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 INDIAN CARD CLOTHING COMPANY is calculated as :

Current Market Cap [ ₹145.3 Cr] as on Mar 28,2024

(/) Sales [ ₹58.2 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 2.50x ]

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

Thus, for INDIAN CARD CLOTHING COMPANY , the investors are currently willing to pay '2.50 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 INDIAN CARD CLOTHING COMPANY !

The chart below summarizes the trend in P/S Ratio of INDIAN CARD CLOTHING COMPANY over the last five years.

Historical PS (Price/Sales) ratio chart of INDIAN CARD CLOTHING COMPANY


PS Ratio Performance Analysis for INDIAN CARD CLOTHING COMPANY

- INDIAN CARD CLOTHING COMPANY 's latest p/e ratio is 2.50x.

- INDIAN CARD CLOTHING COMPANY 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.50x.

- INDIAN CARD CLOTHING COMPANY 's operated at median p/e ratio of 1.49x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, INDIAN CARD CLOTHING COMPANY 's p/e ratio peaked in Mar2022 at 2.52x.

- INDIAN CARD CLOTHING COMPANY 's p/e ratio hit its five-year low in Mar2020 of 0.64x.


How does INDIAN CARD CLOTHING COMPANY 's P/S Ratio benchmark against top 10 peers in Textile - Machinery Industry?

Peer Comparison (Textile - Machinery Industry)Sales (Cr)PS RatioMarket Cap (Cr)
INDIAN CARD CLOTHING COMPANY 58.22.50145.3
LAKSHMI MACHINE WORKS LTD5,028.33.2216,200.0
STOVEC INDUSTRIES LTD207.32.44505.6

Textile - Machinery Industry Benchmark (Top 10) PS Analysis vs INDIAN CARD CLOTHING COMPANY 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 2.44x
Max industry PS 3.22x
Median industry PS 2.50x
Average industry PS 2.72x



You may also like the below Video Courses