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PRAKASH STEELAGE
PS (Price/Sales) Ratio

The Current P/S Ratio of PRAKASH STEELAGE is 1.53.

Share Price ₹9.8May 18,2024
Market Cap ₹170.8 Cr
Sales-TTM₹111.4 CrTTM-Standalone Results
Price/Sales1.53xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of PRAKASH STEELAGE

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 PRAKASH STEELAGE is calculated as :

Current Market Cap [ ₹170.8 Cr] as on May 18,2024

(/) Sales [ ₹111.4 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 1.53x ]

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

Thus, for PRAKASH STEELAGE , the investors are currently willing to pay '1.53 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 PRAKASH STEELAGE !

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

Historical PS (Price/Sales) ratio chart of PRAKASH STEELAGE


PS Ratio Performance Analysis for PRAKASH STEELAGE

- PRAKASH STEELAGE 's latest p/e ratio is 1.53x.

- PRAKASH STEELAGE 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.69x.

- PRAKASH STEELAGE 's operated at median p/e ratio of 0.55x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PRAKASH STEELAGE 's p/e ratio peaked in Mar2022 at 1.95x.

- PRAKASH STEELAGE 's p/e ratio hit its five-year low in Mar2020 of 0.1x.


How does PRAKASH STEELAGE '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)
PRAKASH STEELAGE 111.41.53170.8
JSW STEEL LTD175,006.01.25217,890.0
TATA STEEL LTD233,445.00.90209,597.0
JINDAL STAINLESS LTD38,562.51.5057,936.9
STEEL AUTHORITY OF INDIA LTD106,550.00.6669,867.8
APL APOLLO TUBES LTD18,118.82.5646,324.4
MOTHERSON SUMI WIRING INDIA LTD8,313.43.6830,589.7
RATNAMANI METALS & TUBES LTD5,059.14.5723,121.6
SHYAM METALICS AND ENERGY LTD13,169.01.3717,977.5
WELSPUN CORP LTD16,948.60.9716,453.6
JINDAL SAW LTD20,957.10.8417,668.0

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

Top 10 Industry PeersPS Ratio
Min industry PS 0.66x
Max industry PS 4.57x
Median industry PS 1.37x
Average industry PS 1.80x



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