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MSP STEEL & POWER
PS (Price/Sales) Ratio

The Current P/S Ratio of MSP STEEL & POWER is 0.38.

Share Price ₹27.4Apr 24,2024
Market Cap ₹1,056.4 Cr
Sales-TTM₹2,802.9 CrTTM-Consolidated Results
Price/Sales0.38xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of MSP 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 MSP STEEL & POWER is calculated as :

Current Market Cap [ ₹1,056.4 Cr] as on Apr 24,2024

(/) Sales [ ₹2,802.9 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 0.38x ]

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

Thus, for MSP STEEL & POWER , the investors are currently willing to pay '0.38 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 MSP STEEL & POWER !

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

Historical PS (Price/Sales) ratio chart of MSP STEEL & POWER


PS Ratio Performance Analysis for MSP STEEL & POWER

- MSP STEEL & POWER 's latest p/e ratio is 0.38x.

- MSP STEEL & POWER 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.17x.

- MSP STEEL & POWER 's operated at median p/e ratio of 0.17x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MSP STEEL & POWER 's p/e ratio peaked in Mar2019 at 0.3x.

- MSP STEEL & POWER 's p/e ratio hit its five-year low in Mar2020 of 0.09x.


How does MSP STEEL & POWER '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)
MSP STEEL & POWER 2,802.90.381,056.4
JSW STEEL LTD175,699.01.23215,934.0
TATA STEEL LTD233,445.00.89206,601.0
JINDAL STAINLESS LTD38,873.51.5660,748.9
STEEL AUTHORITY OF INDIA LTD106,550.00.6468,029.8
APL APOLLO TUBES LTD17,784.22.4743,889.1
MOTHERSON SUMI WIRING INDIA LTD7,945.13.9531,363.3
RATNAMANI METALS & TUBES LTD5,062.54.1721,094.2
SHYAM METALICS AND ENERGY LTD12,942.91.4118,281.7
WELSPUN CORP LTD16,948.60.8814,993.5
JINDAL SAW LTD20,720.00.8217,063.7

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

Top 10 Industry PeersPS Ratio
Min industry PS 0.38x
Max industry PS 4.17x
Median industry PS 1.23x
Average industry PS 1.67x



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