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JINDAL STEEL & POWER
PS (Price/Sales) Ratio

The Current P/S Ratio of JINDAL STEEL & POWER is 1.83.

Share Price ₹901.7Apr 16,2024
Market Cap ₹91,977.3 Cr
Sales-TTM₹50,231.8 CrTTM-Consolidated Results
Price/Sales1.83xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of JINDAL STEEL & POWER

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 JINDAL STEEL & POWER is calculated as :

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 ]

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

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 latest p/e ratio is 1.83x.

- 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 RatioMarket Cap (Cr)
JINDAL STEEL & POWER 50,231.81.8391,977.3
LLOYDS METALS & ENERGY LTD5,843.66.0335,226.3
JAI BALAJI INDUSTRIES LTD6,292.22.7417,250.2
STEEL EXCHANGE INDIA LTD1,175.21.431,679.1
SURAJ PRODUCTS LTD355.31.65586.4
SAL STEEL LTD552.50.29162.3
KIC METALIKS LTD831.30.23195.3
BIHAR SPONGE IRON LTD305.40.46140.9
VASWANI INDUSTRIES LTD410.40.26106.6

Steel/Sponge Iron/Pig Iron Industry Benchmark (Top 10) PS Analysis vs JINDAL STEEL & POWER 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.23x
Max industry PS 6.03x
Median industry PS 1.43x
Average industry PS 1.66x



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