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PANCHMAHAL STEEL
PS (Price/Sales) Ratio

The Current P/S Ratio of PANCHMAHAL STEEL is 1.02.

Share Price ₹244.1May 02,2024
Market Cap ₹466.1 Cr
Sales-TTM₹459.0 CrTTM-Standalone Results
Price/Sales1.02xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of PANCHMAHAL 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 PANCHMAHAL STEEL is calculated as :

Current Market Cap [ ₹466.1 Cr] as on May 02,2024

(/) Sales [ ₹459.0 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 1.02x ]

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

Thus, for PANCHMAHAL STEEL , the investors are currently willing to pay '1.02 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 PANCHMAHAL STEEL !

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

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


PS Ratio Performance Analysis for PANCHMAHAL STEEL

- PANCHMAHAL STEEL 's latest p/e ratio is 1.02x.

- PANCHMAHAL STEEL 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.29x.

- PANCHMAHAL STEEL 's operated at median p/e ratio of 0.18x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PANCHMAHAL STEEL 's p/e ratio peaked in Mar2023 at 0.53x.

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


How does PANCHMAHAL 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)
PANCHMAHAL STEEL 459.01.02466.1
JSW STEEL LTD175,699.01.24217,792.0
TATA STEEL LTD233,445.00.89208,911.0
JINDAL STAINLESS LTD38,873.51.5560,431.9
STEEL AUTHORITY OF INDIA LTD106,550.00.6468,339.5
APL APOLLO TUBES LTD17,784.22.4844,163.9
MOTHERSON SUMI WIRING INDIA LTD7,945.13.8330,434.9
RATNAMANI METALS & TUBES LTD5,062.54.4222,370.9
SHYAM METALICS AND ENERGY LTD12,942.91.3417,345.2
WELSPUN CORP LTD16,948.60.9415,891.0
JINDAL SAW LTD20,720.00.8617,767.1

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

Top 10 Industry PeersPS Ratio
Min industry PS 0.64x
Max industry PS 4.42x
Median industry PS 1.24x
Average industry PS 1.75x



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