TRIDENT
|
The Current P/S Ratio of TRIDENT is 3.05.
Share Price | ₹40.1 | Apr 25,2024 |
Market Cap | ₹20,435.0 Cr | |
Sales-TTM | ₹6,699.8 Cr | TTM-Consolidated Results |
Price/Sales | 3.05x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of TRIDENT
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹20,435.0 Cr] as on Apr 25,2024
(/) Sales [ ₹6,699.8 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 3.05x ]
Thus, for TRIDENT , the investors are currently willing to pay '3.05 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 TRIDENT !
The chart below summarizes the trend in P/S Ratio of TRIDENT over the last five years.
Historical PS (Price/Sales) ratio chart of TRIDENT
PS Ratio Performance Analysis for TRIDENT
- TRIDENT 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.77x.
- TRIDENT 's operated at median p/e ratio of 1.58x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TRIDENT 's p/e ratio peaked in Mar2022 at 3.87x.
- TRIDENT 's p/e ratio hit its five-year low in Mar2020 of 0.45x.
How does TRIDENT 's P/S Ratio benchmark against top 10 peers in Textile - Spinning Industry?
Peer Comparison (Textile - Spinning Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
TRIDENT | 6,699.8 | 3.05 | 20,435.0 |
FILATEX INDIA LTD | 4,306.8 | 0.66 | 2,833.6 |
NITIN SPINNERS LTD | 2,759.7 | 0.73 | 2,011.3 |
NAHAR SPINNING MILLS LTD | 2,958.3 | 0.36 | 1,051.1 |
SUTLEJ TEXTILES AND INDUSTRIES LTD | 2,790.9 | 0.35 | 977.2 |
AMBIKA COTTON MILLS LTD | 803.9 | 1.10 | 883.3 |
RAJAPALAYAM MILLS LTD | 856.6 | 1.06 | 912.2 |
NAHAR INDUSTRIAL ENTERPRISES LTD | 1,497.1 | 0.38 | 562.3 |
SUPER SALES INDIA LTD | 415.6 | 1.30 | 540.9 |
PRECOT LTD | 956.2 | 0.51 | 490.8 |
MARAL OVERSEAS LTD | 971.7 | 0.31 | 305.8 |
Textile - Spinning Industry Benchmark (Top 10) PS Analysis vs TRIDENT 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.31x |
Max industry PS | 3.05x |
Median industry PS | 0.66x |
Average industry PS | 0.89x |
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