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JAYASWAL NECO INDUSTRIES
PS (Price/Sales) Ratio

The Current P/S Ratio of JAYASWAL NECO INDUSTRIES is 0.86.

Share Price ₹52.8Apr 24,2024
Market Cap ₹5,123.0 Cr
Sales-TTM₹5,991.4 CrTTM-Standalone Results
Price/Sales0.86xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of JAYASWAL NECO INDUSTRIES

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 JAYASWAL NECO INDUSTRIES is calculated as :

Current Market Cap [ ₹5,123.0 Cr] as on Apr 24,2024

(/) Sales [ ₹5,991.4 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 0.86x ]

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

Thus, for JAYASWAL NECO INDUSTRIES , the investors are currently willing to pay '0.86 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 JAYASWAL NECO INDUSTRIES !

The chart below summarizes the trend in P/S Ratio of JAYASWAL NECO INDUSTRIES over the last five years.

Historical PS (Price/Sales) ratio chart of JAYASWAL NECO INDUSTRIES


PS Ratio Performance Analysis for JAYASWAL NECO INDUSTRIES

- JAYASWAL NECO INDUSTRIES 's latest p/e ratio is 0.86x.

- JAYASWAL NECO INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.20x.

- JAYASWAL NECO INDUSTRIES 's operated at median p/e ratio of 0.18x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, JAYASWAL NECO INDUSTRIES 's p/e ratio peaked in Mar2022 at 0.37x.

- JAYASWAL NECO INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 0.04x.


How does JAYASWAL NECO INDUSTRIES '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)
JAYASWAL NECO INDUSTRIES 5,991.40.865,123.0
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 JAYASWAL NECO INDUSTRIES 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.64x
Max industry PS 4.17x
Median industry PS 1.23x
Average industry PS 1.72x



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