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SURYALATA SPINNING MILLS
PS (Price/Sales) Ratio

The Current P/S Ratio of SURYALATA SPINNING MILLS is 0.40.

Share Price ₹411.3Apr 24,2024
Market Cap ₹176.9 Cr
Sales-TTM₹444.1 CrTTM-Consolidated Results
Price/Sales0.40xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of SURYALATA 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 SURYALATA SPINNING MILLS is calculated as :

Current Market Cap [ ₹176.9 Cr] as on Apr 24,2024

(/) Sales [ ₹444.1 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 0.40x ]

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

Thus, for SURYALATA SPINNING MILLS , the investors are currently willing to pay '0.40 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 SURYALATA SPINNING MILLS !

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

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


PS Ratio Performance Analysis for SURYALATA SPINNING MILLS

- SURYALATA SPINNING MILLS 's latest p/e ratio is 0.40x.

- SURYALATA SPINNING MILLS 's p/e ratio for fiscal years ending Mar2023 to Mar2023 averaged 0.51x.

- SURYALATA SPINNING MILLS 's operated at median p/e ratio of 0.51x from fiscal years ending March 2018 to 2022.

- Looking back at the last 1 fiscal years, SURYALATA SPINNING MILLS 's p/e ratio peaked in Mar2023 at 0.51x.

- SURYALATA SPINNING MILLS 's p/e ratio hit its five-year low in Mar2023 of 0.51x.


How does SURYALATA 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)
SURYALATA SPINNING MILLS 444.10.40176.9
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
NAHAR INDUSTRIAL ENTERPRISES LTD1,497.10.38563.2
SUPER SALES INDIA LTD415.61.33554.6
PRECOT LTD956.20.50481.2

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

Top 10 Industry PeersPS Ratio
Min industry PS 0.35x
Max industry PS 3.04x
Median industry PS 0.66x
Average industry PS 0.90x



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