INDO RAMA SYNTHETICS (INDIA)
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The Current P/S Ratio of INDO RAMA SYNTHETICS (INDIA) is 0.30.
Share Price | ₹44.1 | Apr 18,2024 |
Market Cap | ₹1,152.5 Cr | |
Sales-TTM | ₹3,849.2 Cr | TTM-Consolidated Results |
Price/Sales | 0.30x | Calculated as Market Cap/Sales |
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Definition & Calculation of PS (Price/Sales) ratio of INDO RAMA SYNTHETICS (INDIA)
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹1,152.5 Cr] as on Apr 18,2024
(/) Sales [ ₹3,849.2 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 0.30x ]
Thus, for INDO RAMA SYNTHETICS (INDIA) , the investors are currently willing to pay '0.30 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 INDO RAMA SYNTHETICS (INDIA) !
The chart below summarizes the trend in P/S Ratio of INDO RAMA SYNTHETICS (INDIA) over the last five years.
Historical PS (Price/Sales) ratio chart of INDO RAMA SYNTHETICS (INDIA)
PS Ratio Performance Analysis for INDO RAMA SYNTHETICS (INDIA)
- INDO RAMA SYNTHETICS (INDIA) 's p/e ratio for fiscal years ending Mar2023 to Mar2017 averaged 0.30x.
- INDO RAMA SYNTHETICS (INDIA) 's operated at median p/e ratio of 0.25x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, INDO RAMA SYNTHETICS (INDIA) 's p/e ratio peaked in Mar2021 at 0.5x.
- INDO RAMA SYNTHETICS (INDIA) 's p/e ratio hit its five-year low in Mar2020 of 0.14x.
How does INDO RAMA SYNTHETICS (INDIA) 's P/S Ratio benchmark against top 10 peers in Textile - Manmade Fibres Industry?
Peer Comparison (Textile - Manmade Fibres Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
INDO RAMA SYNTHETICS (INDIA) | 3,849.2 | 0.30 | 1,152.5 |
GANESHA ECOSPHERE LTD | 1,118.9 | 2.33 | 2,608.0 |
BANSWARA SYNTEX LTD | 1,289.5 | 0.39 | 507.0 |
SARLA PERFORMANCE FIBERS LTD | 347.2 | 1.38 | 480.6 |
VARDHMAN ACRYLICS LTD | 309.7 | 1.46 | 450.8 |
PASUPATI ACRYLON LTD | 576.7 | 0.58 | 335.9 |
Textile - Manmade Fibres Industry Benchmark (Top 10) PS Analysis vs INDO RAMA SYNTHETICS (INDIA) 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.30x |
Max industry PS | 2.33x |
Median industry PS | 1.38x |
Average industry PS | 1.07x |
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