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NAHAR SPINNING MILLS
PS (Price/Sales) Ratio

The Current P/S Ratio of NAHAR SPINNING MILLS is 0.35.

Share Price ₹285.5Apr 26,2024
Market Cap ₹1,030.5 Cr
Sales-TTM₹2,958.3 CrTTM-Standalone Results
Price/Sales0.35xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of NAHAR SPINNING MILLS

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 SPINNING MILLS is calculated as :

Current Market Cap [ ₹1,030.5 Cr] as on Apr 26,2024

(/) Sales [ ₹2,958.3 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 0.35x ]

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

Thus, for NAHAR SPINNING MILLS , the investors are currently willing to pay '0.35 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 SPINNING MILLS !

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

Historical PS (Price/Sales) ratio chart of NAHAR SPINNING MILLS


PS Ratio Performance Analysis for NAHAR SPINNING MILLS

- NAHAR SPINNING MILLS 's latest p/e ratio is 0.35x.

- NAHAR SPINNING MILLS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.24x.

- NAHAR SPINNING MILLS 's operated at median p/e ratio of 0.18x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NAHAR SPINNING MILLS 's p/e ratio peaked in Mar2022 at 0.51x.

- NAHAR SPINNING MILLS 's p/e ratio hit its five-year low in Mar2020 of 0.05x.


How does NAHAR SPINNING MILLS '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 SPINNING MILLS 2,958.30.351,030.5
TRIDENT LTD6,699.83.0320,281.9
FILATEX INDIA LTD4,306.80.652,809.2
NITIN SPINNERS LTD2,759.70.721,993.0
SUTLEJ TEXTILES AND INDUSTRIES LTD2,790.90.35967.6
AMBIKA COTTON MILLS LTD803.91.09880.1
RAJAPALAYAM MILLS LTD856.61.07914.0
NAHAR INDUSTRIAL ENTERPRISES LTD1,497.10.38562.5
SUPER SALES INDIA LTD415.61.30539.5
PRECOT LTD956.20.51491.9
MARAL OVERSEAS LTD971.70.32312.6

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

Top 10 Industry PeersPS Ratio
Min industry PS 0.32x
Max industry PS 3.03x
Median industry PS 0.65x
Average industry PS 0.89x



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