JINDAL STEEL & POWER
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The Current P/S Ratio of JINDAL STEEL & POWER is 1.79.
Share Price | ₹876.5 | Jan 13,2025 |
Market Cap | ₹89,411.8 Cr | |
Sales-TTM | ₹50,019.4 Cr | TTM-Consolidated Results |
Price/Sales | 1.79x | Calculated as Market Cap/Sales |
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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 [ ₹89,411.8 Cr] as on Jan 13,2025
(/) Sales [ ₹50,019.4 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 1.79x ]
Thus, for JINDAL STEEL & POWER , the investors are currently willing to pay '1.79 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 Mar2024 to Mar2020 averaged 1.00x.
- JINDAL STEEL & POWER 's operated at median p/e ratio of 1.04x 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 Mar2024 at 1.7x.
- 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 | 50,019.4 | 1.79 | 89,411.8 |
LLOYDS METALS & ENERGY LTD | 7,246.5 | 9.89 | 71,684.1 |
JAI BALAJI INDUSTRIES LTD | 6,659.5 | 2.22 | 14,777.6 |
STEEL EXCHANGE INDIA LTD | 1,092.7 | 1.00 | 1,091.0 |
SURAJ PRODUCTS LTD | 334.0 | 1.52 | 508.0 |
SAL STEEL LTD | 503.2 | 0.32 | 162.4 |
KIC METALIKS LTD | 839.0 | 0.17 | 144.6 |
BIHAR SPONGE IRON LTD | 312.2 | 0.44 | 136.1 |
VASWANI INDUSTRIES LTD | 402.6 | 0.40 | 160.7 |
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 | 0.17x |
Max industry PS | 9.89x |
Median industry PS | 1.00x |
Average industry PS | 1.97x |
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