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IRIS CLOTHINGS
PS (Price/Sales) Ratio

The Current P/S Ratio of IRIS CLOTHINGS is 5.46.

Share Price ₹78.5Apr 25,2024
Market Cap ₹640.6 Cr
Sales-TTM₹117.4 CrTTM-Standalone Results
Price/Sales5.46xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of IRIS CLOTHINGS

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 IRIS CLOTHINGS is calculated as :

Current Market Cap [ ₹640.6 Cr] as on Apr 25,2024

(/) Sales [ ₹117.4 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 5.46x ]

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

Thus, for IRIS CLOTHINGS , the investors are currently willing to pay '5.46 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 IRIS CLOTHINGS !

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

Historical PS (Price/Sales) ratio chart of IRIS CLOTHINGS


PS Ratio Performance Analysis for IRIS CLOTHINGS

- IRIS CLOTHINGS 's latest p/e ratio is 5.46x.

- IRIS CLOTHINGS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.24x.

- IRIS CLOTHINGS 's operated at median p/e ratio of 1.66x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, IRIS CLOTHINGS 's p/e ratio peaked in Mar2023 at 4.58x.

- IRIS CLOTHINGS 's p/e ratio hit its five-year low in Mar2019 of 1x.


How does IRIS CLOTHINGS 's P/S Ratio benchmark against top 10 peers in Textile Industry?

Peer Comparison (Textile Industry)Sales (Cr)PS RatioMarket Cap (Cr)
IRIS CLOTHINGS 117.45.46640.6
PAGE INDUSTRIES LTD4,563.08.6939,641.6
KPR MILL LTD6,312.64.7029,652.4
VEDANT FASHIONS LTD1,346.016.7122,497.0
SWAN ENERGY LTD4,552.44.2519,330.9
WELSPUN LIVING LTD9,679.21.5615,087.3
ALOK INDUSTRIES LTD5,491.62.4913,699.1
VARDHMAN TEXTILES LTD9,530.91.4013,326.6
ARVIND LTD7,544.01.118,403.6
GARWARE TECHNICAL FIBRES LTD1,313.84.956,504.1
JINDAL WORLDWIDE LTD1,789.83.756,709.4

Textile Industry Benchmark (Top 10) PS Analysis vs IRIS CLOTHINGS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.11x
Max industry PS 16.71x
Median industry PS 4.25x
Average industry PS 5.01x



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