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NAHAR INDUSTRIAL ENTERPRISES
PS (Price/Sales) Ratio

The Current P/S Ratio of NAHAR INDUSTRIAL ENTERPRISES is 0.38.

Share Price ₹130.4Apr 24,2024
Market Cap ₹563.1 Cr
Sales-TTM₹1,497.1 CrTTM-Consolidated Results
Price/Sales0.38xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of NAHAR INDUSTRIAL ENTERPRISES

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 NAHAR INDUSTRIAL ENTERPRISES is calculated as :

Current Market Cap [ ₹563.1 Cr] as on Apr 24,2024

(/) Sales [ ₹1,497.1 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 0.38x ]

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

Thus, for NAHAR INDUSTRIAL ENTERPRISES , the investors are currently willing to pay '0.38 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 NAHAR INDUSTRIAL ENTERPRISES !

The chart below summarizes the trend in P/S Ratio of NAHAR INDUSTRIAL ENTERPRISES over the last five years.

Historical PS (Price/Sales) ratio chart of NAHAR INDUSTRIAL ENTERPRISES


PS Ratio Performance Analysis for NAHAR INDUSTRIAL ENTERPRISES

- NAHAR INDUSTRIAL ENTERPRISES 's latest p/e ratio is 0.38x.

- NAHAR INDUSTRIAL ENTERPRISES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.16x.

- NAHAR INDUSTRIAL ENTERPRISES 's operated at median p/e ratio of 0.12x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NAHAR INDUSTRIAL ENTERPRISES 's p/e ratio peaked in Mar2022 at 0.33x.

- NAHAR INDUSTRIAL ENTERPRISES 's p/e ratio hit its five-year low in Mar2020 of 0.04x.


How does NAHAR INDUSTRIAL ENTERPRISES 's P/S Ratio benchmark against top 10 peers in Textile - Spinning Industry?

Peer Comparison (Textile - Spinning Industry)Sales (Cr)PS RatioMarket Cap (Cr)
NAHAR INDUSTRIAL ENTERPRISES 1,497.10.38563.1
TRIDENT LTD6,699.83.0420,343.1
FILATEX INDIA LTD4,306.80.662,837.1
NITIN SPINNERS LTD2,759.70.721,998.3
NAHAR SPINNING MILLS LTD2,958.30.351,047.2
SUTLEJ TEXTILES AND INDUSTRIES LTD2,790.90.35980.8
AMBIKA COTTON MILLS LTD803.91.12899.9
RAJAPALAYAM MILLS LTD856.61.06904.4
SUPER SALES INDIA LTD415.61.33554.6
PRECOT LTD956.20.50481.2
MARAL OVERSEAS LTD971.70.32312.8

Textile - Spinning Industry Benchmark (Top 10) PS Analysis vs NAHAR INDUSTRIAL ENTERPRISES 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.32x
Max industry PS 3.04x
Median industry PS 0.66x
Average industry PS 0.89x



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