GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Avro India Ltd (NSE:AVROIND) » Definitions » PS Ratio

Avro India (NSE:AVROIND) PS Ratio : 1.14 (As of Jun. 05, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Avro India 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, Avro India's share price is ₹105.80. Avro India's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ₹92.50. Hence, Avro India's PS Ratio for today is 1.14.

Good Sign:

Avro India Ltd stock PS Ratio (=1.3) is close to 2-year low of 1.2

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

NSE:AVROIND' s PS Ratio Range Over the Past 10 Years
Min: 0.43   Med: 1.41   Max: 2.26
Current: 1.3

During the past 12 years, Avro India's highest PS Ratio was 2.26. The lowest was 0.43. And the median was 1.41.

NSE:AVROIND's PS Ratio is ranked worse than
59.76% of 420 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.035 vs NSE:AVROIND: 1.30

Avro India's Revenue per Sharefor the three months ended in Mar. 2024 was ₹22.33. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ₹92.50.

Good Sign:

Avro India Ltd has shown predictable revenue and earnings growth.

During the past 12 months, the average Revenue per Share Growth Rate of Avro India was 16.50% per year. During the past 3 years, the average Revenue per Share Growth Rate was 20.50% per year. During the past 5 years, the average Revenue per Share Growth Rate was 16.10% per year. During the past 10 years, the average Revenue per Share Growth Rate was 33.30% per year.

During the past 12 years, Avro India's highest 3-Year average Revenue per Share Growth Rate was 70.20% per year. The lowest was 9.70% per year. And the median was 25.60% per year.

Back to Basics: PS Ratio


Avro India PS Ratio Historical Data

The historical data trend for Avro India'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.

Avro India PS Ratio Chart

Avro India Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.23 0.96 1.56 1.13

Avro India Quarterly Data
Mar17 Jan18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 1.56 1.58 1.44 1.27 1.13

Competitive Comparison of Avro India's PS Ratio

For the Furnishings, Fixtures & Appliances subindustry, Avro India'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.


Avro India's PS Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Avro India's PS Ratio distribution charts can be found below:

* The bar in red indicates where Avro India's PS Ratio falls into.



Avro India 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.

Avro India's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=105.80/92.503
=1.14

Avro India's Share Price of today is ₹105.80.
Avro India'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 ₹92.50.

* 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.


Avro India  (NSE:AVROIND) 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.


Avro India PS Ratio Related Terms

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


Avro India (NSE:AVROIND) Business Description

Traded in Other Exchanges
Address
South of G. T. Road, A-7/36-39, Industrial Area, Electrosteel Casting Compound, Ghaziabad, UP, IND, 201009
Avro India Ltd is engaged in manufacturing and selling plastic molded furniture and granules. The firm produces are manufactures products under the brand name Avon and Avro Furniture. The product portfolio of the company includes molded chairs, molded stools, molded tables, and molded bay chairs and baby desks. The products are sold in U.P., Punjab, Haryana, Delhi, Rajasthan and across north India. Avro produces products used in Auditoriums, Schools, Colleges, Restaurants, Hotels, Homes, Gardens and others.

Avro India (NSE:AVROIND) Headlines

No Headlines