APL APOLLO TUBES
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The Current P/S Ratio of APL APOLLO TUBES is 2.39.
Share Price | ₹1,532.0 | Apr 18,2024 |
Market Cap | ₹42,513.0 Cr | |
Sales-TTM | ₹17,784.2 Cr | TTM-Consolidated Results |
Price/Sales | 2.39x | Calculated as Market Cap/Sales |
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Definition & Calculation of PS (Price/Sales) ratio of APL APOLLO TUBES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
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 ]
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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
APL APOLLO TUBES | 17,784.2 | 2.39 | 42,513.0 |
JSW STEEL LTD | 175,699.0 | 1.18 | 206,457.0 |
TATA STEEL LTD | 233,445.0 | 0.86 | 199,735.0 |
JINDAL STAINLESS LTD | 38,873.5 | 1.43 | 55,462.4 |
STEEL AUTHORITY OF INDIA LTD | 106,550.0 | 0.56 | 59,830.7 |
MOTHERSON SUMI WIRING INDIA LTD | 7,945.1 | 3.90 | 30,978.7 |
RATNAMANI METALS & TUBES LTD | 5,062.5 | 4.12 | 20,842.9 |
SHYAM METALICS AND ENERGY LTD | 12,942.9 | 1.30 | 16,812.1 |
WELSPUN CORP LTD | 16,948.6 | 0.83 | 14,106.5 |
JINDAL SAW LTD | 20,720.0 | 0.75 | 15,471.3 |
MAHARASHTRA SEAMLESS LTD | 5,822.1 | 1.99 | 11,581.6 |
Steel & Iron Products Industry Benchmark (Top 10) PS Analysis vs APL APOLLO TUBES 's P/S Ratio
Top 10 Industry Peers | PS 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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