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GOODLUCK INDIA
PS (Price/Sales) Ratio

The Current P/S Ratio of GOODLUCK INDIA is 0.82.

Share Price ₹874.6Mar 28,2024
Market Cap ₹2,781.2 Cr
Sales-TTM₹3,386.8 CrTTM-Consolidated Results
Price/Sales0.82xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of GOODLUCK INDIA

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 GOODLUCK INDIA is calculated as :

Current Market Cap [ ₹2,781.2 Cr] as on Mar 28,2024

(/) Sales [ ₹3,386.8 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 0.82x ]

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

Thus, for GOODLUCK INDIA , the investors are currently willing to pay '0.82 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 GOODLUCK INDIA !

The chart below summarizes the trend in P/S Ratio of GOODLUCK INDIA over the last five years.

Historical PS (Price/Sales) ratio chart of GOODLUCK INDIA


PS Ratio Performance Analysis for GOODLUCK INDIA

- GOODLUCK INDIA 's latest p/e ratio is 0.82x.

- GOODLUCK INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.18x.

- GOODLUCK INDIA 's operated at median p/e ratio of 0.1x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, GOODLUCK INDIA 's p/e ratio peaked in Mar2023 at 0.38x.

- GOODLUCK INDIA 's p/e ratio hit its five-year low in Mar2020 of 0.04x.


How does GOODLUCK INDIA '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)
GOODLUCK INDIA 3,386.80.822,781.2
JSW STEEL LTD175,699.01.16203,303.0
TATA STEEL LTD233,445.00.83194,617.0
JINDAL STAINLESS LTD38,873.51.4757,183.4
STEEL AUTHORITY OF INDIA LTD106,550.00.5255,411.0
APL APOLLO TUBES LTD17,784.22.3341,495.5
MOTHERSON SUMI WIRING INDIA LTD7,945.13.6729,166.1
RATNAMANI METALS & TUBES LTD5,062.53.8619,545.9
SHYAM METALICS AND ENERGY LTD12,942.91.2716,489.7
WELSPUN CORP LTD16,948.60.8013,500.7
JINDAL SAW LTD20,720.00.6713,816.6

Steel & Iron Products Industry Benchmark (Top 10) PS Analysis vs GOODLUCK INDIA 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.52x
Max industry PS 3.86x
Median industry PS 1.16x
Average industry PS 1.58x



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