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PIONEER EMBROIDERIES
PS (Price/Sales) Ratio

The Current P/S Ratio of PIONEER EMBROIDERIES is 0.36.

Share Price ₹38.3Mar 28,2024
Market Cap ₹113.0 Cr
Sales-TTM₹315.9 CrTTM-Consolidated Results
Price/Sales0.36xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of PIONEER EMBROIDERIES

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 PIONEER EMBROIDERIES is calculated as :

Current Market Cap [ ₹113.0 Cr] as on Mar 28,2024

(/) Sales [ ₹315.9 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 0.36x ]

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

Thus, for PIONEER EMBROIDERIES , the investors are currently willing to pay '0.36 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 PIONEER EMBROIDERIES !

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

Historical PS (Price/Sales) ratio chart of PIONEER EMBROIDERIES


PS Ratio Performance Analysis for PIONEER EMBROIDERIES

- PIONEER EMBROIDERIES 's latest p/e ratio is 0.36x.

- PIONEER EMBROIDERIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.31x.

- PIONEER EMBROIDERIES 's operated at median p/e ratio of 0.25x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PIONEER EMBROIDERIES 's p/e ratio peaked in Mar2021 at 0.47x.

- PIONEER EMBROIDERIES 's p/e ratio hit its five-year low in Mar2020 of 0.18x.


How does PIONEER EMBROIDERIES 's P/S Ratio benchmark against top 10 peers in Textile - Spinning Industry?

Peer Comparison (Textile - Spinning Industry)Sales (Cr)PS RatioMarket Cap (Cr)
PIONEER EMBROIDERIES 315.90.36113.0
TRIDENT LTD6,699.82.7818,620.6
FILATEX INDIA LTD4,306.80.602,592.1
NITIN SPINNERS LTD2,759.70.661,821.0
NAHAR SPINNING MILLS LTD2,958.30.33962.2
SUTLEJ TEXTILES AND INDUSTRIES LTD2,790.90.30826.0
AMBIKA COTTON MILLS LTD803.91.01809.7
RAJAPALAYAM MILLS LTD856.60.98836.8
NAHAR INDUSTRIAL ENTERPRISES LTD1,497.10.33489.3
SUPER SALES INDIA LTD415.61.03430.0
PRECOT LTD956.20.40385.2

Textile - Spinning Industry Benchmark (Top 10) PS Analysis vs PIONEER EMBROIDERIES 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.30x
Max industry PS 2.78x
Median industry PS 0.60x
Average industry PS 0.80x



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