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JSW STEEL
PS (Price/Sales) Ratio

The Current P/S Ratio of JSW STEEL is 1.20.

Share Price ₹865.3Apr 19,2024
Market Cap ₹211,596.9 Cr
Sales-TTM₹175,699.0 CrTTM-Consolidated Results
Price/Sales1.20xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of JSW STEEL

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 JSW STEEL is calculated as :

Current Market Cap [ ₹211,596.9 Cr] as on Apr 19,2024

(/) Sales [ ₹175,699.0 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 1.20x ]

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

Thus, for JSW STEEL , the investors are currently willing to pay '1.20 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 JSW STEEL !

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

Historical PS (Price/Sales) ratio chart of JSW STEEL


PS Ratio Performance Analysis for JSW STEEL

- JSW STEEL 's latest p/e ratio is 1.20x.

- JSW STEEL 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.98x.

- JSW STEEL 's operated at median p/e ratio of 1x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, JSW STEEL 's p/e ratio peaked in Mar2021 at 1.41x.

- JSW STEEL 's p/e ratio hit its five-year low in Mar2020 of 0.48x.


How does JSW STEEL '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)
JSW STEEL 175,699.01.20211,596.9
TATA STEEL LTD233,445.00.87202,357.0
JINDAL STAINLESS LTD38,873.51.4757,006.4
STEEL AUTHORITY OF INDIA LTD106,550.00.5760,285.0
APL APOLLO TUBES LTD17,784.22.4343,155.1
MOTHERSON SUMI WIRING INDIA LTD7,945.13.9030,987.6
RATNAMANI METALS & TUBES LTD5,062.54.0320,381.3
SHYAM METALICS AND ENERGY LTD12,942.91.2816,593.0
WELSPUN CORP LTD16,948.60.8213,821.2
JINDAL SAW LTD20,720.00.7415,351.4
MAHARASHTRA SEAMLESS LTD5,822.11.9911,600.3

Steel & Iron Products Industry Benchmark (Top 10) PS Analysis vs JSW STEEL 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.57x
Max industry PS 4.03x
Median industry PS 1.28x
Average industry PS 1.75x



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