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Delta Spinners (DHA:DELTASPINN) PS Ratio : 0.96 (As of Jun. 03, 2024)


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What is Delta Spinners 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, Delta Spinners's share price is BDT4.40. Delta Spinners's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was BDT4.57. Hence, Delta Spinners's PS Ratio for today is 0.96.

Good Sign:

Delta Spinners Ltd stock PS Ratio (=0.96) is close to 3-year low of 0.96

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

DHA:DELTASPINN' s PS Ratio Range Over the Past 10 Years
Min: 0.56   Med: 1.55   Max: 2.57
Current: 0.96

During the past 6 years, Delta Spinners's highest PS Ratio was 2.57. The lowest was 0.56. And the median was 1.55.

DHA:DELTASPINN's PS Ratio is ranked worse than
52.02% of 1038 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.865 vs DHA:DELTASPINN: 0.96

Delta Spinners's Revenue per Sharefor the three months ended in Mar. 2024 was BDT1.43. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was BDT4.57.

Warning Sign:

Delta Spinners Ltd revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of Delta Spinners was -4.80% per year. During the past 3 years, the average Revenue per Share Growth Rate was -40.00% per year. During the past 5 years, the average Revenue per Share Growth Rate was -20.40% per year.

During the past 6 years, Delta Spinners's highest 3-Year average Revenue per Share Growth Rate was -14.50% per year. The lowest was -40.00% per year. And the median was -26.70% per year.

Back to Basics: PS Ratio


Delta Spinners PS Ratio Historical Data

The historical data trend for Delta Spinners'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.

Delta Spinners PS Ratio Chart

Delta Spinners Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17
PS Ratio
Get a 7-Day Free Trial - - - - -

Delta Spinners Quarterly Data
Dec17 Mar18 Sep18 Dec18 Mar19 Sep19 Dec19 Mar20 Sep20 Dec20 Mar21 Sep21 Dec21 Mar22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.80 1.89 1.93 1.88 1.25

Competitive Comparison of Delta Spinners's PS Ratio

For the Textile Manufacturing subindustry, Delta Spinners'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.


Delta Spinners's PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Delta Spinners's PS Ratio falls into.



Delta Spinners 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.

Delta Spinners's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=4.40/4.574
=0.96

Delta Spinners's Share Price of today is BDT4.40.
Delta Spinners's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was BDT4.57.

* 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.


Delta Spinners  (DHA:DELTASPINN) 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.


Delta Spinners PS Ratio Related Terms

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Delta Spinners (DHA:DELTASPINN) Business Description

Traded in Other Exchanges
N/A
Address
254-B Khilgaon Chowdhury Para, Dhaka, BGD, 1219
Delta Spinners Ltd is Bangladesh based company and primarily engages in manufactures cotton yarn. The firm has a composite unit, having knitting, dyeing, finishing and sewing units under a single roof. The company is also involved in the making of jersey, sportswear, suits and other luxury clothing is on the rise in recent years and for this reason, demand for high-end yarns is also growing.

Delta Spinners (DHA:DELTASPINN) Headlines

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