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APL APOLLO TUBES
PS (Price/Sales) Ratio

The Current P/S Ratio of APL APOLLO TUBES is 2.39.

Share Price ₹1,532.0Apr 18,2024
Market Cap ₹42,513.0 Cr
Sales-TTM₹17,784.2 CrTTM-Consolidated Results
Price/Sales2.39xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of APL APOLLO TUBES

Price-to-Sales ratio, P/S Multiple, or P/S Ratio is an important valuation multiple that is defined as:

P/S = Market Capitalization / Sales

or, using per-share numbers:

P/S = Stock Price / Sales Per Share

Applying the above formula, P/S ratio of APL APOLLO TUBES is calculated as :

Current Market Cap [ ₹42,513.0 Cr] as on Apr 18,2024

(/) Sales [ ₹17,784.2 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 2.39x ]

P/S Ratio indicates 'the multiple of sales' investors are willing to pay to own one share of the company.

Thus, for APL APOLLO TUBES , the investors are currently willing to pay '2.39 times sales' to own 1 share of the company.

PS Multiples are one of the most widely used valuation multiple in the industry.

P/S ratios can be a reliable benchmark to compare companies with negative earnings or book value.

You may also explore Price to Earnings ratio or Price to Book ratio of APL APOLLO TUBES !

The chart below summarizes the trend in P/S Ratio of APL APOLLO TUBES over the last five years.

Historical PS (Price/Sales) ratio chart of APL APOLLO TUBES


PS Ratio Performance Analysis for APL APOLLO TUBES

- APL APOLLO TUBES 's latest p/e ratio is 2.39x.

- APL APOLLO TUBES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.35x.

- APL APOLLO TUBES 's operated at median p/e ratio of 1.75x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, APL APOLLO TUBES 's p/e ratio peaked in Mar2023 at 2.07x.

- APL APOLLO TUBES 's p/e ratio hit its five-year low in Mar2020 of 0.4x.


How does APL APOLLO TUBES 's P/S Ratio benchmark against top 10 peers in Steel & Iron Products Industry?

Peer Comparison (Steel & Iron Products Industry)Sales (Cr)PS RatioMarket Cap (Cr)
APL APOLLO TUBES 17,784.22.3942,513.0
JSW STEEL LTD175,699.01.18206,457.0
TATA STEEL LTD233,445.00.86199,735.0
JINDAL STAINLESS LTD38,873.51.4355,462.4
STEEL AUTHORITY OF INDIA LTD106,550.00.5659,830.7
MOTHERSON SUMI WIRING INDIA LTD7,945.13.9030,978.7
RATNAMANI METALS & TUBES LTD5,062.54.1220,842.9
SHYAM METALICS AND ENERGY LTD12,942.91.3016,812.1
WELSPUN CORP LTD16,948.60.8314,106.5
JINDAL SAW LTD20,720.00.7515,471.3
MAHARASHTRA SEAMLESS LTD5,822.11.9911,581.6

Steel & Iron Products Industry Benchmark (Top 10) PS Analysis vs APL APOLLO TUBES 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.56x
Max industry PS 4.12x
Median industry PS 1.30x
Average industry PS 1.75x



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