MODERN THREADS (INDIA)
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The Current P/S Ratio of MODERN THREADS (INDIA) is 0.70.
Share Price | ₹59.7 | May 21,2024 |
Market Cap | ₹207.8 Cr | |
Sales-TTM | ₹297.4 Cr | TTM-Standalone Results |
Price/Sales | 0.70x | Calculated as Market Cap/Sales |
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Definition & Calculation of PS (Price/Sales) ratio of MODERN THREADS (INDIA)
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹207.8 Cr] as on May 21,2024
(/) Sales [ ₹297.4 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 0.70x ]
Thus, for MODERN THREADS (INDIA) , the investors are currently willing to pay '0.70 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 MODERN THREADS (INDIA) !
The chart below summarizes the trend in P/S Ratio of MODERN THREADS (INDIA) over the last five years.
Historical PS (Price/Sales) ratio chart of MODERN THREADS (INDIA)
PS Ratio Performance Analysis for MODERN THREADS (INDIA)
- MODERN THREADS (INDIA) 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.00x.
- MODERN THREADS (INDIA) 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MODERN THREADS (INDIA) 's p/e ratio peaked in Mar2023 at 0x.
- MODERN THREADS (INDIA) 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does MODERN THREADS (INDIA) 's P/S Ratio benchmark against top 10 peers in Textile - Spinning Industry?
Peer Comparison (Textile - Spinning Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
MODERN THREADS (INDIA) | 297.4 | 0.70 | 207.8 |
TRIDENT LTD | 6,808.8 | 2.86 | 19,441.1 |
FILATEX INDIA LTD | 4,285.9 | 0.58 | 2,506.5 |
NITIN SPINNERS LTD | 2,905.7 | 0.67 | 1,957.0 |
NAHAR SPINNING MILLS LTD | 2,958.3 | 0.32 | 955.2 |
SUTLEJ TEXTILES AND INDUSTRIES LTD | 2,703.2 | 0.34 | 910.6 |
AMBIKA COTTON MILLS LTD | 803.9 | 1.10 | 883.7 |
RAJAPALAYAM MILLS LTD | 856.6 | 1.02 | 870.4 |
NAHAR INDUSTRIAL ENTERPRISES LTD | 1,497.1 | 0.35 | 522.4 |
SUPER SALES INDIA LTD | 415.6 | 1.52 | 632.6 |
PRECOT LTD | 956.2 | 0.47 | 452.4 |
Textile - Spinning Industry Benchmark (Top 10) PS Analysis vs MODERN THREADS (INDIA) 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.32x |
Max industry PS | 2.86x |
Median industry PS | 0.67x |
Average industry PS | 0.90x |
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