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INDO RAMA SYNTHETICS (INDIA)
PS (Price/Sales) Ratio

The Current P/S Ratio of INDO RAMA SYNTHETICS (INDIA) is 0.30.

Share Price ₹44.1Apr 18,2024
Market Cap ₹1,152.5 Cr
Sales-TTM₹3,849.2 CrTTM-Consolidated Results
Price/Sales0.30xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of INDO RAMA SYNTHETICS (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 INDO RAMA SYNTHETICS (INDIA) is calculated as :

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 ]

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

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 latest p/e ratio is 0.30x.

- 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 RatioMarket Cap (Cr)
INDO RAMA SYNTHETICS (INDIA) 3,849.20.301,152.5
GANESHA ECOSPHERE LTD1,118.92.332,608.0
BANSWARA SYNTEX LTD1,289.50.39507.0
SARLA PERFORMANCE FIBERS LTD347.21.38480.6
VARDHMAN ACRYLICS LTD309.71.46450.8
PASUPATI ACRYLON LTD576.70.58335.9

Textile - Manmade Fibres Industry Benchmark (Top 10) PS Analysis vs INDO RAMA SYNTHETICS (INDIA) 's P/S Ratio

Top 10 Industry PeersPS 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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