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RATNAMANI METALS & TUBES
PS (Price/Sales) Ratio

The Current P/S Ratio of RATNAMANI METALS & TUBES is 4.17.

Share Price ₹3,013.1Apr 26,2024
Market Cap ₹21,121.5 Cr
Sales-TTM₹5,062.5 CrTTM-Consolidated Results
Price/Sales4.17xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of RATNAMANI METALS & TUBES

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 RATNAMANI METALS & TUBES is calculated as :

Current Market Cap [ ₹21,121.5 Cr] as on Apr 26,2024

(/) Sales [ ₹5,062.5 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 4.17x ]

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

Thus, for RATNAMANI METALS & TUBES , the investors are currently willing to pay '4.17 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 RATNAMANI METALS & TUBES !

The chart below summarizes the trend in P/S Ratio of RATNAMANI METALS & TUBES over the last five years.

Historical PS (Price/Sales) ratio chart of RATNAMANI METALS & TUBES


PS Ratio Performance Analysis for RATNAMANI METALS & TUBES

- RATNAMANI METALS & TUBES 's latest p/e ratio is 4.17x.

- RATNAMANI METALS & TUBES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.79x.

- RATNAMANI METALS & TUBES 's operated at median p/e ratio of 3.09x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, RATNAMANI METALS & TUBES 's p/e ratio peaked in Mar2022 at 3.87x.

- RATNAMANI METALS & TUBES 's p/e ratio hit its five-year low in Mar2019 of 1.52x.


How does RATNAMANI METALS & TUBES '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)
RATNAMANI METALS & TUBES 5,062.54.1721,121.5
JSW STEEL LTD175,699.01.23216,814.0
TATA STEEL LTD233,445.00.89207,038.0
JINDAL STAINLESS LTD38,873.51.4857,722.8
STEEL AUTHORITY OF INDIA LTD106,550.00.6569,599.4
APL APOLLO TUBES LTD17,784.22.4243,046.8
MOTHERSON SUMI WIRING INDIA LTD7,945.13.8730,766.5
SHYAM METALICS AND ENERGY LTD12,942.91.3817,874.2
WELSPUN CORP LTD16,948.60.8814,950.3
JINDAL SAW LTD20,720.00.8617,874.3
MAHARASHTRA SEAMLESS LTD5,822.12.0511,930.0

Steel & Iron Products Industry Benchmark (Top 10) PS Analysis vs RATNAMANI METALS & TUBES 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.65x
Max industry PS 4.17x
Median industry PS 1.38x
Average industry PS 1.81x



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