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GANDHI SPECIAL TUBES
PS (Price/Sales) Ratio

The Current P/S Ratio of GANDHI SPECIAL TUBES is 5.76.

Share Price ₹784.5Apr 24,2024
Market Cap ₹957.1 Cr
Sales-TTM₹166.1 CrTTM-Standalone Results
Price/Sales5.76xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of GANDHI SPECIAL 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 GANDHI SPECIAL TUBES is calculated as :

Current Market Cap [ ₹957.1 Cr] as on Apr 24,2024

(/) Sales [ ₹166.1 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 5.76x ]

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

Thus, for GANDHI SPECIAL TUBES , the investors are currently willing to pay '5.76 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 GANDHI SPECIAL TUBES !

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

Historical PS (Price/Sales) ratio chart of GANDHI SPECIAL TUBES


PS Ratio Performance Analysis for GANDHI SPECIAL TUBES

- GANDHI SPECIAL TUBES 's latest p/e ratio is 5.76x.

- GANDHI SPECIAL TUBES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.37x.

- GANDHI SPECIAL TUBES 's operated at median p/e ratio of 3.27x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, GANDHI SPECIAL TUBES 's p/e ratio peaked in Mar2019 at 3.9x.

- GANDHI SPECIAL TUBES 's p/e ratio hit its five-year low in Mar2021 of 3.03x.


How does GANDHI SPECIAL 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)
GANDHI SPECIAL TUBES 166.15.76957.1
JSW STEEL LTD175,699.01.23215,934.0
TATA STEEL LTD233,445.00.89206,601.0
JINDAL STAINLESS LTD38,873.51.5660,748.9
STEEL AUTHORITY OF INDIA LTD106,550.00.6468,029.8
APL APOLLO TUBES LTD17,784.22.4743,889.1
MOTHERSON SUMI WIRING INDIA LTD7,945.13.9531,363.3
RATNAMANI METALS & TUBES LTD5,062.54.1721,094.2
SHYAM METALICS AND ENERGY LTD12,942.91.4118,281.7
WELSPUN CORP LTD16,948.60.8814,993.5
JINDAL SAW LTD20,720.00.8217,063.7

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

Top 10 Industry PeersPS Ratio
Min industry PS 0.64x
Max industry PS 5.76x
Median industry PS 1.41x
Average industry PS 2.16x



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