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, Vinyas Innovative Technologies's share price is ₹1218.15.
Vinyas Innovative Technologies does not have enough years/quarters to calculate the Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2023. Therefore GuruFocus does not calculate PS Ratio at this moment.
Warning Sign:
Vinyas Innovative Technologies Ltd stock PS Ratio (=5.03) is close to 1-year high of 5.03
The historical rank and industry rank for Vinyas Innovative Technologies's PS Ratio or its related term are showing as below:
NSE:VINYAS'
s PS Ratio Range Over the Past 10 Years
Min: 1.86 Med: 3.42 Max: 5.45
Current: 5.45
During the past 3 years, Vinyas Innovative Technologies's highest PS Ratio was 5.45. The lowest was 1.86. And the median was 3.42.
NSE:VINYAS's PS Ratio is ranked worse than 85.3% of 2959
companies
in the Industrial Products industry
Industry Median: 1.66
vs NSE:VINYAS: 5.45
* 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.
Vinyas Innovative Technologies PS Ratio Chart
Vinyas Innovative Technologies Annual Data
Trend
Mar21
Mar22
Mar23
PS Ratio
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Vinyas Innovative Technologies Semi-Annual Data
Mar21
Mar22
Mar23
PS Ratio
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Competitive Comparison of Vinyas Innovative Technologies's PS Ratio
For the Electrical Equipment & Parts subindustry, Vinyas Innovative Technologies'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.
Vinyas Innovative Technologies's PS Ratio Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Vinyas Innovative Technologies's PS Ratio distribution charts can be found below:
* The bar in red indicates where Vinyas Innovative Technologies's PS Ratio falls into.
Vinyas Innovative Technologies 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.
Vinyas Innovative Technologies (NSE:VINYAS) 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.
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.
Vinyas Innovative Technologies PS Ratio Related Terms
Thank you for viewing the detailed overview of Vinyas Innovative Technologies's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Vinyas Innovative Technologies (NSE:VINYAS) Business Description
Vinyas Innovative Technologies Ltd is a provider of design, engineering and electronics manufacturing services catering to global Original Equipment Manufacturers and Original Design Manufacturers in the Electronic Industry. As an integrated electronic manufacturing services provider, the Company offers a broad range of products and services across multiple industry segments. With wide industry knowledge, cutting-edge technologies & state-of-the-art infrastructure, Vinyas supports its Global partners from conceptualizing the design, engineering, and manufacturing to turnkey requirements for mission-critical applications.
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