HARIOM PIPE INDUSTRIES
|
The Current P/S Ratio of HARIOM PIPE INDUSTRIES is 1.59.
Share Price | ₹591.8 | Apr 30,2024 |
Market Cap | ₹1,710.2 Cr | |
Sales-TTM | ₹1,073.8 Cr | TTM-Standalone Results |
Price/Sales | 1.59x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of HARIOM PIPE INDUSTRIES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹1,710.2 Cr] as on Apr 30,2024
(/) Sales [ ₹1,073.8 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 1.59x ]
Thus, for HARIOM PIPE INDUSTRIES , the investors are currently willing to pay '1.59 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 HARIOM PIPE INDUSTRIES !
The chart below summarizes the trend in P/S Ratio of HARIOM PIPE INDUSTRIES over the last five years.
Historical PS (Price/Sales) ratio chart of HARIOM PIPE INDUSTRIES
PS Ratio Performance Analysis for HARIOM PIPE INDUSTRIES
- HARIOM PIPE INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.41x.
- HARIOM PIPE INDUSTRIES 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HARIOM PIPE INDUSTRIES 's p/e ratio peaked in Mar2023 at 2.03x.
- HARIOM PIPE INDUSTRIES 's p/e ratio hit its five-year low in Mar2022 of 0x.
How does HARIOM PIPE INDUSTRIES '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) |
---|---|---|---|
HARIOM PIPE INDUSTRIES | 1,073.8 | 1.59 | 1,710.2 |
JSW STEEL LTD | 175,699.0 | 1.23 | 215,836.0 |
TATA STEEL LTD | 233,445.0 | 0.88 | 205,915.0 |
JINDAL STAINLESS LTD | 38,873.5 | 1.50 | 58,208.6 |
STEEL AUTHORITY OF INDIA LTD | 106,550.0 | 0.64 | 67,843.9 |
APL APOLLO TUBES LTD | 17,784.2 | 2.43 | 43,230.0 |
MOTHERSON SUMI WIRING INDIA LTD | 7,945.1 | 3.85 | 30,549.9 |
RATNAMANI METALS & TUBES LTD | 5,062.5 | 4.37 | 22,099.0 |
SHYAM METALICS AND ENERGY LTD | 12,942.9 | 1.36 | 17,565.8 |
WELSPUN CORP LTD | 16,948.6 | 0.87 | 14,764.5 |
JINDAL SAW LTD | 20,720.0 | 0.86 | 17,746.3 |
Steel & Iron Products Industry Benchmark (Top 10) PS Analysis vs HARIOM PIPE INDUSTRIES 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.64x |
Max industry PS | 4.37x |
Median industry PS | 1.36x |
Average industry PS | 1.78x |
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