PENNAR INDUSTRIES
|
The Current P/S Ratio of PENNAR INDUSTRIES is 0.60.
Share Price | ₹132.6 | May 06,2024 |
Market Cap | ₹1,788.1 Cr | |
Sales-TTM | ₹2,976.2 Cr | TTM-Consolidated Results |
Price/Sales | 0.60x | Calculated as Market Cap/Sales |
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Definition & Calculation of PS (Price/Sales) ratio of PENNAR INDUSTRIES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹1,788.1 Cr] as on May 06,2024
(/) Sales [ ₹2,976.2 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 0.60x ]
Thus, for PENNAR INDUSTRIES , the investors are currently willing to pay '0.60 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 PENNAR INDUSTRIES !
The chart below summarizes the trend in P/S Ratio of PENNAR INDUSTRIES over the last five years.
Historical PS (Price/Sales) ratio chart of PENNAR INDUSTRIES
PS Ratio Performance Analysis for PENNAR INDUSTRIES
- PENNAR INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.21x.
- PENNAR INDUSTRIES 's operated at median p/e ratio of 0.22x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PENNAR INDUSTRIES 's p/e ratio peaked in Mar2023 at 0.33x.
- PENNAR INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 0.1x.
How does PENNAR INDUSTRIES '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) |
---|---|---|---|
PENNAR INDUSTRIES | 2,976.2 | 0.60 | 1,788.1 |
JSW STEEL LTD | 175,699.0 | 1.22 | 215,188.0 |
TATA STEEL LTD | 233,445.0 | 0.90 | 209,223.0 |
JINDAL STAINLESS LTD | 38,873.5 | 1.53 | 59,431.4 |
STEEL AUTHORITY OF INDIA LTD | 106,550.0 | 0.63 | 67,306.9 |
APL APOLLO TUBES LTD | 17,784.2 | 2.43 | 43,255.0 |
MOTHERSON SUMI WIRING INDIA LTD | 7,945.1 | 3.82 | 30,350.9 |
RATNAMANI METALS & TUBES LTD | 5,062.5 | 4.27 | 21,634.2 |
SHYAM METALICS AND ENERGY LTD | 12,942.9 | 1.27 | 16,473.0 |
WELSPUN CORP LTD | 16,948.6 | 0.90 | 15,243.4 |
JINDAL SAW LTD | 20,720.0 | 0.91 | 18,830.3 |
Steel & Iron Products Industry Benchmark (Top 10) PS Analysis vs PENNAR INDUSTRIES 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.60x |
Max industry PS | 4.27x |
Median industry PS | 1.22x |
Average industry PS | 1.68x |
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