RATNAMANI METALS & TUBES
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The Current P/S Ratio of RATNAMANI METALS & TUBES is 4.17.
Share Price | ₹3,013.1 | Apr 26,2024 |
Market Cap | ₹21,121.5 Cr | |
Sales-TTM | ₹5,062.5 Cr | TTM-Consolidated Results |
Price/Sales | 4.17x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of RATNAMANI METALS & TUBES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
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 ]
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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
RATNAMANI METALS & TUBES | 5,062.5 | 4.17 | 21,121.5 |
JSW STEEL LTD | 175,699.0 | 1.23 | 216,814.0 |
TATA STEEL LTD | 233,445.0 | 0.89 | 207,038.0 |
JINDAL STAINLESS LTD | 38,873.5 | 1.48 | 57,722.8 |
STEEL AUTHORITY OF INDIA LTD | 106,550.0 | 0.65 | 69,599.4 |
APL APOLLO TUBES LTD | 17,784.2 | 2.42 | 43,046.8 |
MOTHERSON SUMI WIRING INDIA LTD | 7,945.1 | 3.87 | 30,766.5 |
SHYAM METALICS AND ENERGY LTD | 12,942.9 | 1.38 | 17,874.2 |
WELSPUN CORP LTD | 16,948.6 | 0.88 | 14,950.3 |
JINDAL SAW LTD | 20,720.0 | 0.86 | 17,874.3 |
MAHARASHTRA SEAMLESS LTD | 5,822.1 | 2.05 | 11,930.0 |
Steel & Iron Products Industry Benchmark (Top 10) PS Analysis vs RATNAMANI METALS & TUBES 's P/S Ratio
Top 10 Industry Peers | PS 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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