Spentex Industries Limited Stock Price To Sales

SPENTEX Stock   280.00  0.00  0.00%   
Spentex Industries Limited fundamentals help investors to digest information that contributes to Spentex Industries' financial success or failures. It also enables traders to predict the movement of Spentex Stock. The fundamental analysis module provides a way to measure Spentex Industries' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Spentex Industries stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Spentex Industries Limited Company Price To Sales Analysis

Spentex Industries' Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

P/S

 = 

MV Per Share

Revenue Per Share

More About Price To Sales | All Equity Analysis

Current Spentex Industries Price To Sales

    
  0.14 X  
Most of Spentex Industries' fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Spentex Industries Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Competition

Based on the latest financial disclosure, Spentex Industries Limited has a Price To Sales of 0.1449 times. This is much higher than that of the Textiles, Apparel & Luxury Goods sector and significantly higher than that of the Consumer Discretionary industry. The price to sales for all India stocks is notably lower than that of the firm.

Spentex Price To Sales Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Spentex Industries' direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Spentex Industries could also be used in its relative valuation, which is a method of valuing Spentex Industries by comparing valuation metrics of similar companies.
Spentex Industries is currently under evaluation in price to sales category among its peers.

Spentex Fundamentals

About Spentex Industries Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Spentex Industries Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Spentex Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Spentex Industries Limited based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Spentex Stock Analysis

When running Spentex Industries' price analysis, check to measure Spentex Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Spentex Industries is operating at the current time. Most of Spentex Industries' value examination focuses on studying past and present price action to predict the probability of Spentex Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spentex Industries' price. Additionally, you may evaluate how the addition of Spentex Industries to your portfolios can decrease your overall portfolio volatility.