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RELIANCE CHEMOTEX INDUSTRIES
PS (Price/Sales) Ratio

The Current P/S Ratio of RELIANCE CHEMOTEX INDUSTRIES is 0.47.

Share Price ₹217.9Apr 19,2024
Market Cap ₹163.4 Cr
Sales-TTM₹344.6 CrTTM-Standalone Results
Price/Sales0.47xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of RELIANCE CHEMOTEX INDUSTRIES

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 RELIANCE CHEMOTEX INDUSTRIES is calculated as :

Current Market Cap [ ₹163.4 Cr] as on Apr 19,2024

(/) Sales [ ₹344.6 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 0.47x ]

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

Thus, for RELIANCE CHEMOTEX INDUSTRIES , the investors are currently willing to pay '0.47 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 RELIANCE CHEMOTEX INDUSTRIES !

The chart below summarizes the trend in P/S Ratio of RELIANCE CHEMOTEX INDUSTRIES over the last five years.

Historical PS (Price/Sales) ratio chart of RELIANCE CHEMOTEX INDUSTRIES


PS Ratio Performance Analysis for RELIANCE CHEMOTEX INDUSTRIES

- RELIANCE CHEMOTEX INDUSTRIES 's latest p/e ratio is 0.47x.

- RELIANCE CHEMOTEX INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.25x.

- RELIANCE CHEMOTEX INDUSTRIES 's operated at median p/e ratio of 0.23x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, RELIANCE CHEMOTEX INDUSTRIES 's p/e ratio peaked in Mar2022 at 0.48x.

- RELIANCE CHEMOTEX INDUSTRIES 's p/e ratio hit its five-year low in Mar2019 of 0.09x.


How does RELIANCE CHEMOTEX INDUSTRIES 's P/S Ratio benchmark against top 10 peers in Textile - Spinning Industry?

Peer Comparison (Textile - Spinning Industry)Sales (Cr)PS RatioMarket Cap (Cr)
RELIANCE CHEMOTEX INDUSTRIES 344.60.47163.4
TRIDENT LTD6,699.82.9419,675.5
FILATEX INDIA LTD4,306.80.602,573.5
NITIN SPINNERS LTD2,759.70.701,943.5
NAHAR SPINNING MILLS LTD2,958.30.341,014.9
SUTLEJ TEXTILES AND INDUSTRIES LTD2,790.90.33914.8
AMBIKA COTTON MILLS LTD803.91.11888.4
RAJAPALAYAM MILLS LTD856.61.00852.6
NAHAR INDUSTRIAL ENTERPRISES LTD1,497.10.36532.5
SUPER SALES INDIA LTD415.61.27526.7
PRECOT LTD956.20.48454.5

Textile - Spinning Industry Benchmark (Top 10) PS Analysis vs RELIANCE CHEMOTEX INDUSTRIES 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.33x
Max industry PS 2.94x
Median industry PS 0.60x
Average industry PS 0.87x



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