GANDHI SPECIAL TUBES
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The Current P/S Ratio of GANDHI SPECIAL TUBES is 6.13.
Share Price | ₹835.3 | May 03,2024 |
Market Cap | ₹1,019.0 Cr | |
Sales-TTM | ₹166.1 Cr | TTM-Standalone Results |
Price/Sales | 6.13x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of GANDHI SPECIAL TUBES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹1,019.0 Cr] as on May 03,2024
(/) Sales [ ₹166.1 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 6.13x ]
Thus, for GANDHI SPECIAL TUBES , the investors are currently willing to pay '6.13 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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
GANDHI SPECIAL TUBES | 166.1 | 6.13 | 1,019.0 |
JSW STEEL LTD | 175,699.0 | 1.22 | 213,561.0 |
TATA STEEL LTD | 233,445.0 | 0.89 | 207,787.0 |
JINDAL STAINLESS LTD | 38,873.5 | 1.55 | 60,312.5 |
STEEL AUTHORITY OF INDIA LTD | 106,550.0 | 0.65 | 69,351.5 |
APL APOLLO TUBES LTD | 17,784.2 | 2.48 | 44,057.0 |
MOTHERSON SUMI WIRING INDIA LTD | 7,945.1 | 3.81 | 30,280.2 |
RATNAMANI METALS & TUBES LTD | 5,062.5 | 4.43 | 22,414.4 |
SHYAM METALICS AND ENERGY LTD | 12,942.9 | 1.32 | 17,137.3 |
WELSPUN CORP LTD | 16,948.6 | 0.93 | 15,717.0 |
JINDAL SAW LTD | 20,720.0 | 0.89 | 18,392.3 |
Steel & Iron Products Industry Benchmark (Top 10) PS Analysis vs GANDHI SPECIAL TUBES 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.65x |
Max industry PS | 6.13x |
Median industry PS | 1.32x |
Average industry PS | 2.21x |
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