RAMA STEEL TUBES
|
The Current P/S Ratio of RAMA STEEL TUBES is 1.63.
Share Price | ₹12.4 | May 14,2024 |
Market Cap | ₹1,921.0 Cr | |
Sales-TTM | ₹1,177.5 Cr | TTM-Consolidated Results |
Price/Sales | 1.63x | Calculated as Market Cap/Sales |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of RAMA STEEL TUBES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹1,921.0 Cr] as on May 14,2024
(/) Sales [ ₹1,177.5 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 1.63x ]
Thus, for RAMA STEEL TUBES , the investors are currently willing to pay '1.63 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 RAMA STEEL TUBES !
The chart below summarizes the trend in P/S Ratio of RAMA STEEL TUBES over the last five years.
Historical PS (Price/Sales) ratio chart of RAMA STEEL TUBES
PS Ratio Performance Analysis for RAMA STEEL TUBES
- RAMA STEEL TUBES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.47x.
- RAMA STEEL TUBES 's operated at median p/e ratio of 0.37x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RAMA STEEL TUBES 's p/e ratio peaked in Mar2023 at 0.97x.
- RAMA STEEL TUBES 's p/e ratio hit its five-year low in Mar2020 of 0.09x.
How does RAMA STEEL TUBES '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) |
---|---|---|---|
RAMA STEEL TUBES | 1,177.5 | 1.63 | 1,921.0 |
JSW STEEL LTD | 175,699.0 | 1.23 | 215,555.0 |
TATA STEEL LTD | 233,445.0 | 0.88 | 205,915.0 |
JINDAL STAINLESS LTD | 38,873.5 | 1.51 | 58,579.1 |
STEEL AUTHORITY OF INDIA LTD | 106,550.0 | 0.64 | 68,029.8 |
APL APOLLO TUBES LTD | 18,118.8 | 2.42 | 43,835.0 |
MOTHERSON SUMI WIRING INDIA LTD | 7,945.1 | 3.80 | 30,156.4 |
RATNAMANI METALS & TUBES LTD | 5,062.5 | 4.37 | 22,111.2 |
SHYAM METALICS AND ENERGY LTD | 13,169.0 | 1.28 | 16,820.5 |
WELSPUN CORP LTD | 16,948.6 | 0.92 | 15,522.1 |
JINDAL SAW LTD | 20,957.1 | 0.83 | 17,476.2 |
Steel & Iron Products Industry Benchmark (Top 10) PS Analysis vs RAMA STEEL TUBES 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.64x |
Max industry PS | 4.37x |
Median industry PS | 1.28x |
Average industry PS | 1.77x |
You may also like the below Video Courses