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VEDANT FASHIONS
PS (Price/Sales) Ratio

The Current P/S Ratio of VEDANT FASHIONS is 16.60.

Share Price ₹920.0Apr 19,2024
Market Cap ₹22,346.8 Cr
Sales-TTM₹1,346.0 CrTTM-Consolidated Results
Price/Sales16.60xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of VEDANT FASHIONS

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 VEDANT FASHIONS is calculated as :

Current Market Cap [ ₹22,346.8 Cr] as on Apr 19,2024

(/) Sales [ ₹1,346.0 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 16.60x ]

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

Thus, for VEDANT FASHIONS , the investors are currently willing to pay '16.60 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 VEDANT FASHIONS !

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

Historical PS (Price/Sales) ratio chart of VEDANT FASHIONS


PS Ratio Performance Analysis for VEDANT FASHIONS

- VEDANT FASHIONS 's latest p/e ratio is 16.60x.

- VEDANT FASHIONS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 8.58x.

- VEDANT FASHIONS 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, VEDANT FASHIONS 's p/e ratio peaked in Mar2022 at 22.51x.

- VEDANT FASHIONS 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does VEDANT FASHIONS 's P/S Ratio benchmark against top 10 peers in Textile Industry?

Peer Comparison (Textile Industry)Sales (Cr)PS RatioMarket Cap (Cr)
VEDANT FASHIONS 1,346.016.6022,346.8
PAGE INDUSTRIES LTD4,563.08.6439,435.5
KPR MILL LTD6,312.64.5728,840.6
SWAN ENERGY LTD4,552.44.2519,341.9
WELSPUN LIVING LTD9,257.91.5414,212.7
ALOK INDUSTRIES LTD5,583.82.4713,803.4
VARDHMAN TEXTILES LTD9,530.91.3913,258.7
ARVIND LTD7,544.01.068,015.1
GARWARE TECHNICAL FIBRES LTD1,313.84.906,436.8
JINDAL WORLDWIDE LTD1,789.83.666,553.0
INDO COUNT INDUSTRIES LTD3,270.92.277,412.2

Textile Industry Benchmark (Top 10) PS Analysis vs VEDANT FASHIONS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.06x
Max industry PS 16.60x
Median industry PS 3.66x
Average industry PS 4.67x



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