MANAKSIA STEELS
|
The Current P/S Ratio of MANAKSIA STEELS is 0.51.
Share Price | ₹59.0 | Mar 28,2024 |
Market Cap | ₹386.7 Cr | |
Sales-TTM | ₹753.9 Cr | TTM-Consolidated Results |
Price/Sales | 0.51x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of MANAKSIA STEELS
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹386.7 Cr] as on Mar 28,2024
(/) Sales [ ₹753.9 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 0.51x ]
Thus, for MANAKSIA STEELS , the investors are currently willing to pay '0.51 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 MANAKSIA STEELS !
The chart below summarizes the trend in P/S Ratio of MANAKSIA STEELS over the last five years.
Historical PS (Price/Sales) ratio chart of MANAKSIA STEELS
PS Ratio Performance Analysis for MANAKSIA STEELS
- MANAKSIA STEELS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.27x.
- MANAKSIA STEELS 's operated at median p/e ratio of 0.31x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MANAKSIA STEELS 's p/e ratio peaked in Mar2022 at 0.46x.
- MANAKSIA STEELS 's p/e ratio hit its five-year low in Mar2020 of 0.08x.
How does MANAKSIA STEELS 's P/S Ratio benchmark against top 10 peers in Steel & Iron Products Industry?
Peer Comparison (Steel & Iron Products Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
MANAKSIA STEELS | 753.9 | 0.51 | 386.7 |
JSW STEEL LTD | 175,699.0 | 1.16 | 203,303.0 |
TATA STEEL LTD | 233,445.0 | 0.83 | 194,617.0 |
JINDAL STAINLESS LTD | 38,873.5 | 1.47 | 57,183.4 |
STEEL AUTHORITY OF INDIA LTD | 106,550.0 | 0.52 | 55,411.0 |
APL APOLLO TUBES LTD | 17,784.2 | 2.33 | 41,495.5 |
MOTHERSON SUMI WIRING INDIA LTD | 7,945.1 | 3.67 | 29,166.1 |
RATNAMANI METALS & TUBES LTD | 5,062.5 | 3.86 | 19,545.9 |
SHYAM METALICS AND ENERGY LTD | 12,942.9 | 1.27 | 16,489.7 |
WELSPUN CORP LTD | 16,948.6 | 0.80 | 13,500.7 |
JINDAL SAW LTD | 20,720.0 | 0.67 | 13,816.6 |
Steel & Iron Products Industry Benchmark (Top 10) PS Analysis vs MANAKSIA STEELS 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.51x |
Max industry PS | 3.86x |
Median industry PS | 1.16x |
Average industry PS | 1.55x |
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