BAJAJ STEEL INDUSTRIES
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The Current P/S Ratio of BAJAJ STEEL INDUSTRIES is 1.20.
Share Price | ₹1,151.3 | Mar 28,2024 |
Market Cap | ₹598.7 Cr | |
Sales-TTM | ₹498.2 Cr | TTM-Consolidated Results |
Price/Sales | 1.20x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of BAJAJ STEEL INDUSTRIES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹598.7 Cr] as on Mar 28,2024
(/) Sales [ ₹498.2 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 1.20x ]
Thus, for BAJAJ STEEL INDUSTRIES , the investors are currently willing to pay '1.20 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 BAJAJ STEEL INDUSTRIES !
The chart below summarizes the trend in P/S Ratio of BAJAJ STEEL INDUSTRIES over the last five years.
Historical PS (Price/Sales) ratio chart of BAJAJ STEEL INDUSTRIES
PS Ratio Performance Analysis for BAJAJ STEEL INDUSTRIES
- BAJAJ STEEL INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.50x.
- BAJAJ STEEL INDUSTRIES 's operated at median p/e ratio of 0.44x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BAJAJ STEEL INDUSTRIES 's p/e ratio peaked in Mar2023 at 1.04x.
- BAJAJ STEEL INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 0.09x.
How does BAJAJ STEEL INDUSTRIES 's P/S Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?
Peer Comparison (Engineering - Industrial Equipments Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
BAJAJ STEEL INDUSTRIES | 498.2 | 1.20 | 598.7 |
BHARAT ELECTRONICS LTD | 18,183.3 | 8.10 | 147,255.0 |
BHARAT HEAVY ELECTRICALS LTD | 23,859.5 | 3.61 | 86,076.6 |
THERMAX LTD | 8,870.6 | 5.64 | 49,992.0 |
TRIVENI TURBINE LTD | 1,565.7 | 10.90 | 17,068.4 |
KIRLOSKAR OIL ENGINES LTD | 5,622.1 | 2.22 | 12,454.6 |
ELECON ENGINEERING COMPANY LTD | 1,797.3 | 5.93 | 10,657.3 |
PRAJ INDUSTRIES LTD | 3,451.7 | 2.84 | 9,791.7 |
SHRIRAM PISTONS & RINGS LTD | 2,934.8 | 2.94 | 8,636.6 |
KIRLOSKAR BROTHERS LTD | 3,902.0 | 2.25 | 8,772.7 |
TEGA INDUSTRIES LTD | 1,382.1 | 5.98 | 8,268.7 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PS Analysis vs BAJAJ STEEL INDUSTRIES 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 1.20x |
Max industry PS | 10.90x |
Median industry PS | 3.61x |
Average industry PS | 4.69x |
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