NAHAR INDUSTRIAL ENTERPRISES
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The Current P/S Ratio of NAHAR INDUSTRIAL ENTERPRISES is 0.38.
Share Price | ₹130.4 | Apr 24,2024 |
Market Cap | ₹563.1 Cr | |
Sales-TTM | ₹1,497.1 Cr | TTM-Consolidated Results |
Price/Sales | 0.38x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of NAHAR INDUSTRIAL ENTERPRISES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
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 ]
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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
NAHAR INDUSTRIAL ENTERPRISES | 1,497.1 | 0.38 | 563.1 |
TRIDENT LTD | 6,699.8 | 3.04 | 20,343.1 |
FILATEX INDIA LTD | 4,306.8 | 0.66 | 2,837.1 |
NITIN SPINNERS LTD | 2,759.7 | 0.72 | 1,998.3 |
NAHAR SPINNING MILLS LTD | 2,958.3 | 0.35 | 1,047.2 |
SUTLEJ TEXTILES AND INDUSTRIES LTD | 2,790.9 | 0.35 | 980.8 |
AMBIKA COTTON MILLS LTD | 803.9 | 1.12 | 899.9 |
RAJAPALAYAM MILLS LTD | 856.6 | 1.06 | 904.4 |
SUPER SALES INDIA LTD | 415.6 | 1.33 | 554.6 |
PRECOT LTD | 956.2 | 0.50 | 481.2 |
MARAL OVERSEAS LTD | 971.7 | 0.32 | 312.8 |
Textile - Spinning Industry Benchmark (Top 10) PS Analysis vs NAHAR INDUSTRIAL ENTERPRISES 's P/S Ratio
Top 10 Industry Peers | PS 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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