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LA TIM METAL & INDUSTRIES
PS (Price/Sales) Ratio

The Current P/S Ratio of LA TIM METAL & INDUSTRIES is 0.85.

Share Price ₹17.5Apr 25,2024
Market Cap ₹231.5 Cr
Sales-TTM₹271.6 CrTTM-Consolidated Results
Price/Sales0.85xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of LA TIM METAL & 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 LA TIM METAL & INDUSTRIES is calculated as :

Current Market Cap [ ₹231.5 Cr] as on Apr 25,2024

(/) Sales [ ₹271.6 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 0.85x ]

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

Thus, for LA TIM METAL & INDUSTRIES , the investors are currently willing to pay '0.85 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 LA TIM METAL & INDUSTRIES !

The chart below summarizes the trend in P/S Ratio of LA TIM METAL & INDUSTRIES over the last five years.

Historical PS (Price/Sales) ratio chart of LA TIM METAL & INDUSTRIES


PS Ratio Performance Analysis for LA TIM METAL & INDUSTRIES

- LA TIM METAL & INDUSTRIES 's latest p/e ratio is 0.85x.

- LA TIM METAL & INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.17x.

- LA TIM METAL & INDUSTRIES 's operated at median p/e ratio of 0.16x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, LA TIM METAL & INDUSTRIES 's p/e ratio peaked in Mar2022 at 0.26x.

- LA TIM METAL & INDUSTRIES 's p/e ratio hit its five-year low in Mar2021 of 0.1x.


How does LA TIM METAL & 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)
LA TIM METAL & INDUSTRIES 271.60.85231.5
JSW STEEL LTD175,699.01.26221,436.0
TATA STEEL LTD233,445.00.90209,223.0
JINDAL STAINLESS LTD38,873.51.5460,024.3
STEEL AUTHORITY OF INDIA LTD106,550.00.6468,112.4
APL APOLLO TUBES LTD17,784.22.4242,991.3
MOTHERSON SUMI WIRING INDIA LTD7,945.13.9031,000.8
RATNAMANI METALS & TUBES LTD5,062.54.1520,995.0
SHYAM METALICS AND ENERGY LTD12,942.91.3917,971.9
WELSPUN CORP LTD16,948.60.8915,086.4
JINDAL SAW LTD20,720.00.8417,506.5

Steel & Iron Products Industry Benchmark (Top 10) PS Analysis vs LA TIM METAL & INDUSTRIES 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.64x
Max industry PS 4.15x
Median industry PS 1.26x
Average industry PS 1.71x



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