BAJAJ STEEL INDUSTRIES
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The Current P/S Ratio of BAJAJ STEEL INDUSTRIES is 1.32.
Share Price | ₹1,263.9 | May 17,2024 |
Market Cap | ₹657.2 Cr | |
Sales-TTM | ₹498.2 Cr | TTM-Consolidated Results |
Price/Sales | 1.32x | Calculated as Market Cap/Sales |
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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 [ ₹657.2 Cr] as on May 17,2024
(/) Sales [ ₹498.2 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 1.32x ]
Thus, for BAJAJ STEEL INDUSTRIES , the investors are currently willing to pay '1.32 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 | 1.32 | 657.2 |
BHARAT ELECTRONICS LTD | 18,183.3 | 9.98 | 181,429.0 |
BHARAT HEAVY ELECTRICALS LTD | 23,859.5 | 4.37 | 104,323.0 |
THERMAX LTD | 9,323.5 | 6.31 | 58,869.2 |
TRIVENI TURBINE LTD | 1,653.9 | 12.14 | 20,078.7 |
KIRLOSKAR OIL ENGINES LTD | 5,898.3 | 3.17 | 18,673.5 |
ELECON ENGINEERING COMPANY LTD | 1,937.4 | 6.63 | 12,837.9 |
PRAJ INDUSTRIES LTD | 3,451.7 | 2.81 | 9,690.6 |
SHRIRAM PISTONS & RINGS LTD | 3,089.3 | 2.85 | 8,809.5 |
KIRLOSKAR BROTHERS LTD | 4,001.2 | 3.67 | 14,674.4 |
TEGA INDUSTRIES LTD | 1,382.1 | 7.43 | 10,270.8 |
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 | 1.32x |
Max industry PS | 12.14x |
Median industry PS | 4.37x |
Average industry PS | 5.52x |
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