JINDAL STEEL & POWER
|
The Current P/S Ratio of JINDAL STEEL & POWER is 1.83.
Share Price | ₹901.7 | Apr 16,2024 |
Market Cap | ₹91,977.3 Cr | |
Sales-TTM | ₹50,231.8 Cr | TTM-Consolidated Results |
Price/Sales | 1.83x | Calculated as Market Cap/Sales |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of JINDAL STEEL & POWER
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹91,977.3 Cr] as on Apr 16,2024
(/) Sales [ ₹50,231.8 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 1.83x ]
Thus, for JINDAL STEEL & POWER , the investors are currently willing to pay '1.83 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 JINDAL STEEL & POWER !
The chart below summarizes the trend in P/S Ratio of JINDAL STEEL & POWER over the last five years.
Historical PS (Price/Sales) ratio chart of JINDAL STEEL & POWER
PS Ratio Performance Analysis for JINDAL STEEL & POWER
- JINDAL STEEL & POWER 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.74x.
- JINDAL STEEL & POWER 's operated at median p/e ratio of 0.9x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, JINDAL STEEL & POWER 's p/e ratio peaked in Mar2022 at 1.06x.
- JINDAL STEEL & POWER 's p/e ratio hit its five-year low in Mar2020 of 0.28x.
How does JINDAL STEEL & POWER 's P/S Ratio benchmark against top 10 peers in Steel/Sponge Iron/Pig Iron Industry?
Peer Comparison (Steel/Sponge Iron/Pig Iron Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
JINDAL STEEL & POWER | 50,231.8 | 1.83 | 91,977.3 |
LLOYDS METALS & ENERGY LTD | 5,843.6 | 6.03 | 35,226.3 |
JAI BALAJI INDUSTRIES LTD | 6,292.2 | 2.74 | 17,250.2 |
STEEL EXCHANGE INDIA LTD | 1,175.2 | 1.43 | 1,679.1 |
SURAJ PRODUCTS LTD | 355.3 | 1.65 | 586.4 |
SAL STEEL LTD | 552.5 | 0.29 | 162.3 |
KIC METALIKS LTD | 831.3 | 0.23 | 195.3 |
BIHAR SPONGE IRON LTD | 305.4 | 0.46 | 140.9 |
VASWANI INDUSTRIES LTD | 410.4 | 0.26 | 106.6 |
Steel/Sponge Iron/Pig Iron Industry Benchmark (Top 10) PS Analysis vs JINDAL STEEL & POWER 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.23x |
Max industry PS | 6.03x |
Median industry PS | 1.43x |
Average industry PS | 1.66x |
You may also like the below Video Courses