Home > PS Ratio > INDIA STEEL WORKS

INDIA STEEL WORKS
PS (Price/Sales) Ratio

The Current P/S Ratio of INDIA STEEL WORKS is 57.00.

Share Price ₹3.8Apr 24,2024
Market Cap ₹150.9 Cr
Sales-TTM₹2.6 CrTTM-Consolidated Results
Price/Sales57.00xCalculated as Market Cap/Sales
Explore Stock Analytics
COMMUNITY POLL
for INDIA STEEL WORKS
Please provide your vote to see the results

Definition & Calculation of PS (Price/Sales) ratio of INDIA STEEL WORKS

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 INDIA STEEL WORKS is calculated as :

Current Market Cap [ ₹150.9 Cr] as on Apr 24,2024

(/) Sales [ ₹2.6 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 57.00x ]

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

Thus, for INDIA STEEL WORKS , the investors are currently willing to pay '57.00 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 INDIA STEEL WORKS !

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

Historical PS (Price/Sales) ratio chart of INDIA STEEL WORKS


PS Ratio Performance Analysis for INDIA STEEL WORKS

- INDIA STEEL WORKS 's latest p/e ratio is 57.00x.

- INDIA STEEL WORKS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.84x.

- INDIA STEEL WORKS 's operated at median p/e ratio of 0.2x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, INDIA STEEL WORKS 's p/e ratio peaked in Mar2023 at 12.94x.

- INDIA STEEL WORKS 's p/e ratio hit its five-year low in Mar2020 of 0.06x.


How does INDIA STEEL WORKS '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)
INDIA STEEL WORKS 2.657.00150.9
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 INDIA STEEL WORKS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.64x
Max industry PS 57.00x
Median industry PS 1.41x
Average industry PS 6.82x



You may also like the below Video Courses