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RAM RATNA WIRES
PS (Price/Sales) Ratio

The Current P/S Ratio of RAM RATNA WIRES is 0.52.

Share Price ₹342.2Apr 23,2024
Market Cap ₹1,505.7 Cr
Sales-TTM₹2,904.3 CrTTM-Consolidated Results
Price/Sales0.52xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of RAM RATNA WIRES

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 RAM RATNA WIRES is calculated as :

Current Market Cap [ ₹1,505.7 Cr] as on Apr 23,2024

(/) Sales [ ₹2,904.3 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 0.52x ]

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

Thus, for RAM RATNA WIRES , the investors are currently willing to pay '0.52 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 RAM RATNA WIRES !

The chart below summarizes the trend in P/S Ratio of RAM RATNA WIRES over the last five years.

Historical PS (Price/Sales) ratio chart of RAM RATNA WIRES


PS Ratio Performance Analysis for RAM RATNA WIRES

- RAM RATNA WIRES 's latest p/e ratio is 0.52x.

- RAM RATNA WIRES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.16x.

- RAM RATNA WIRES 's operated at median p/e ratio of 0.16x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, RAM RATNA WIRES 's p/e ratio peaked in Mar2023 at 0.26x.

- RAM RATNA WIRES 's p/e ratio hit its five-year low in Mar2020 of 0.07x.


How does RAM RATNA WIRES 's P/S Ratio benchmark against top 10 peers in Metal - Non Ferrous Industry?

Peer Comparison (Metal - Non Ferrous Industry)Sales (Cr)PS RatioMarket Cap (Cr)
RAM RATNA WIRES 2,904.30.521,505.7
HINDUSTAN ZINC LTD28,932.05.90170,682.0
HINDALCO INDUSTRIES LTD215,825.00.64137,507.0
VEDANTA LTD146,149.00.96140,138.0
HINDUSTAN COPPER LTD1,711.420.9835,910.4
GRAVITA INDIA LTD3,046.32.206,713.3
SHIVALIK BIMETAL CONTROLS LTD504.86.613,334.7
BHARAT WIRE ROPES LTD637.03.222,053.2
NILE LTD880.60.48419.7
RAJNANDINI METAL LTD1,232.00.24301.4
SHERA ENERGY LTD733.80.62456.5

Metal - Non Ferrous Industry Benchmark (Top 10) PS Analysis vs RAM RATNA WIRES 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.24x
Max industry PS 20.98x
Median industry PS 0.96x
Average industry PS 3.85x



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