HITECH PIPES
|
The Current P/S Ratio of HITECH PIPES is 0.52.
| Share Price | ₹88.6 | Apr 24,2026 |
| Market Cap | ₹1,798.9 Cr | |
| Sales-TTM | ₹3,453.5 Cr | TTM-Consolidated Results |
| Price/Sales | 0.52x | Calculated as Market Cap/Sales |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PS (Price/Sales) ratio of HITECH PIPES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹1,798.9 Cr] as on Apr 24,2026
(/) Sales [ ₹3,453.5 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 0.52x ]
Thus, for HITECH PIPES , the investors are currently willing to pay '0.52 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 HITECH PIPES !
The chart below summarizes the trend in P/S Ratio of HITECH PIPES over the last five years.
Historical PS (Price/Sales) ratio chart of HITECH PIPES
PS Ratio Performance Analysis for HITECH PIPES
- HITECH PIPES 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 0.51x.
- HITECH PIPES 's operated at median p/e ratio of 0.43x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HITECH PIPES 's p/e ratio peaked in Mar2024 at 0.78x.
- HITECH PIPES 's p/e ratio hit its five-year low in Mar2022 of 0.33x.
How does HITECH PIPES '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) |
|---|---|---|---|
| HITECH PIPES | 3,453.5 | 0.52 | 1,798.9 |
| JSW STEEL LTD | 179,109.0 | 1.71 | 306,953.0 |
| TATA STEEL LTD | 225,088.0 | 1.16 | 262,153.0 |
| JINDAL STAINLESS LTD | 41,815.8 | 1.51 | 63,220.6 |
| STEEL AUTHORITY OF INDIA LTD | 109,313.0 | 0.67 | 73,750.5 |
| APL APOLLO TUBES LTD | 21,699.8 | 2.56 | 55,651.1 |
| MOTHERSON SUMI WIRING INDIA LTD | 10,652.5 | 2.48 | 26,460.3 |
| SHYAM METALICS AND ENERGY LTD | 17,436.7 | 1.31 | 22,911.1 |
| WELSPUN CORP LTD | 16,382.5 | 1.95 | 31,872.5 |
| RATNAMANI METALS & TUBES LTD | 5,124.3 | 3.56 | 18,242.8 |
| SARDA ENERGY & MINERALS LTD | 5,675.7 | 3.61 | 20,487.4 |
Steel & Iron Products Industry Benchmark (Top 10) PS Analysis vs HITECH PIPES 's P/S Ratio
| Top 10 Industry Peers | PS Ratio |
|---|---|
| Min industry PS | 0.52x |
| Max industry PS | 3.61x |
| Median industry PS | 1.71x |
| Average industry PS | 1.91x |
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