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KITEX GARMENTS
PS (Price/Sales) Ratio

The Current P/S Ratio of KITEX GARMENTS is 2.92.

Share Price ₹203.7Apr 30,2024
Market Cap ₹1,354.3 Cr
Sales-TTM₹464.0 CrTTM-Consolidated Results
Price/Sales2.92xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of KITEX GARMENTS

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 KITEX GARMENTS is calculated as :

Current Market Cap [ ₹1,354.3 Cr] as on Apr 30,2024

(/) Sales [ ₹464.0 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 2.92x ]

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

Thus, for KITEX GARMENTS , the investors are currently willing to pay '2.92 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 KITEX GARMENTS !

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

Historical PS (Price/Sales) ratio chart of KITEX GARMENTS


PS Ratio Performance Analysis for KITEX GARMENTS

- KITEX GARMENTS 's latest p/e ratio is 2.92x.

- KITEX GARMENTS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.41x.

- KITEX GARMENTS 's operated at median p/e ratio of 1.44x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, KITEX GARMENTS 's p/e ratio peaked in Mar2022 at 2.1x.

- KITEX GARMENTS 's p/e ratio hit its five-year low in Mar2020 of 0.78x.


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

Peer Comparison (Textile Industry)Sales (Cr)PS RatioMarket Cap (Cr)
KITEX GARMENTS 464.02.921,354.3
PAGE INDUSTRIES LTD4,563.08.5038,795.1
KPR MILL LTD6,312.64.5828,908.9
VEDANT FASHIONS LTD1,367.516.9423,168.6
SWAN ENERGY LTD4,552.44.2719,443.7
WELSPUN LIVING LTD9,679.21.5114,567.4
ALOK INDUSTRIES LTD5,491.62.4713,555.1
VARDHMAN TEXTILES LTD9,530.91.3512,875.5
ARVIND LTD7,544.01.098,244.0
GARWARE TECHNICAL FIBRES LTD1,313.84.896,424.1
JINDAL WORLDWIDE LTD1,789.83.836,849.8

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

Top 10 Industry PeersPS Ratio
Min industry PS 1.09x
Max industry PS 16.94x
Median industry PS 3.83x
Average industry PS 4.76x



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