GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Shanti Spintex Ltd (BOM:544059) » Definitions » PS Ratio

Shanti Spintex (BOM:544059) PS Ratio : 0.16 (As of Apr. 19, 2025)


View and export this data going back to 2023. Start your Free Trial

What is Shanti Spintex PS Ratio?

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Shanti Spintex's share price is ₹66.95. Shanti Spintex's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was ₹413.52. Hence, Shanti Spintex's PS Ratio for today is 0.16.

The historical rank and industry rank for Shanti Spintex's PS Ratio or its related term are showing as below:

BOM:544059' s PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.21   Max: 0.42
Current: 0.18

During the past 4 years, Shanti Spintex's highest PS Ratio was 0.42. The lowest was 0.16. And the median was 0.21.

BOM:544059's PS Ratio is ranked better than
91.25% of 1028 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.83 vs BOM:544059: 0.18

Shanti Spintex's Revenue per Sharefor the six months ended in Sep. 2024 was ₹210.12. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was ₹413.52.

During the past 12 months, the average Revenue per Share Growth Rate of Shanti Spintex was 330.20% per year. During the past 3 years, the average Revenue per Share Growth Rate was 71.80% per year.

During the past 4 years, Shanti Spintex's highest 3-Year average Revenue per Share Growth Rate was 71.80% per year. The lowest was 71.80% per year. And the median was 71.80% per year.

Back to Basics: PS Ratio


Shanti Spintex PS Ratio Historical Data

The historical data trend for Shanti Spintex's PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Shanti Spintex PS Ratio Chart

Shanti Spintex Annual Data
Trend Mar21 Mar22 Mar23 Mar24
PS Ratio
- - - 0.15

Shanti Spintex Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
PS Ratio Get a 7-Day Free Trial - - - 0.15 -

Competitive Comparison of Shanti Spintex's PS Ratio

For the Textile Manufacturing subindustry, Shanti Spintex's PS Ratio, along with its competitors' market caps and PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Shanti Spintex's PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shanti Spintex's PS Ratio distribution charts can be found below:

* The bar in red indicates where Shanti Spintex's PS Ratio falls into.


;
;

Shanti Spintex PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Shanti Spintex's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=66.95/413.524
=0.16

Shanti Spintex's Share Price of today is ₹66.95.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Shanti Spintex's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was ₹413.52.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Shanti Spintex  (BOM:544059) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Shanti Spintex PS Ratio Related Terms

Thank you for viewing the detailed overview of Shanti Spintex's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Shanti Spintex Business Description

Traded in Other Exchanges
N/A
Address
A -1601, Navratna Corporate Park, Ambli Bopal Road, Ahmedabad, GJ, IND, 380058
Shanti Spintex Ltd is engaged in the Manufacturing and selling of Cotton Yarn and Fabrics. It manufactures various types of denim fabrics such as power stretch spandex denim, knit denim, lightweight denim, rigid denim, over-dyed denim, and flat finish 3/1 denim and also offers denim fabrics in a diverse spectrum of shades such as indigo blue, IBST, sulphur black, sulphur grey, etc. The Company's operations encompass the utilization of diverse types of yarns such as cotton yarn, ring yarn, viscose yarn, slub yarn, cotton spandex, polyester spandex, tencel, lyocell, etc. The Company is currently organized into two operating activities - 1. Textile Manufacturing and 2. Windmill Operations. The company generates the majority of its revenue from the Textile segment.

Shanti Spintex Headlines

No Headlines