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TCNS CLOTHING CO
PS (Price/Sales) Ratio

The Current P/S Ratio of TCNS CLOTHING CO is 2.79.

Share Price ₹447.5Apr 24,2024
Market Cap ₹2,832.4 Cr
Sales-TTM₹1,016.8 CrTTM-Standalone Results
Price/Sales2.79xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of TCNS CLOTHING CO

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 TCNS CLOTHING CO is calculated as :

Current Market Cap [ ₹2,832.4 Cr] as on Apr 24,2024

(/) Sales [ ₹1,016.8 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 2.79x ]

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

Thus, for TCNS CLOTHING CO , the investors are currently willing to pay '2.79 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 TCNS CLOTHING CO !

The chart below summarizes the trend in P/S Ratio of TCNS CLOTHING CO over the last five years.

Historical PS (Price/Sales) ratio chart of TCNS CLOTHING CO


PS Ratio Performance Analysis for TCNS CLOTHING CO

- TCNS CLOTHING CO 's latest p/e ratio is 2.79x.

- TCNS CLOTHING CO 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.70x.

- TCNS CLOTHING CO 's operated at median p/e ratio of 4.37x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TCNS CLOTHING CO 's p/e ratio peaked in Mar2022 at 5.25x.

- TCNS CLOTHING CO 's p/e ratio hit its five-year low in Mar2020 of 1.82x.


How does TCNS CLOTHING CO 's P/S Ratio benchmark against top 10 peers in Textile Industry?

Peer Comparison (Textile Industry)Sales (Cr)PS RatioMarket Cap (Cr)
TCNS CLOTHING CO 1,016.82.792,832.4
PAGE INDUSTRIES LTD4,563.08.8640,442.8
KPR MILL LTD6,312.64.8030,327.4
VEDANT FASHIONS LTD1,346.016.9322,783.6
SWAN ENERGY LTD4,552.44.2019,117.7
WELSPUN LIVING LTD9,257.91.6715,476.0
ALOK INDUSTRIES LTD5,491.62.5113,763.7
VARDHMAN TEXTILES LTD9,530.91.3913,276.0
ARVIND LTD7,544.01.118,346.0
GARWARE TECHNICAL FIBRES LTD1,313.84.986,541.5
JINDAL WORLDWIDE LTD1,789.83.766,728.5

Textile Industry Benchmark (Top 10) PS Analysis vs TCNS CLOTHING CO 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.11x
Max industry PS 16.93x
Median industry PS 3.76x
Average industry PS 4.82x



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