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RATNAVEER PRECISION ENGINEERING
PS (Price/Sales) Ratio

The Current P/S Ratio of RATNAVEER PRECISION ENGINEERING is 0.96.

Share Price ₹118.3May 24,2024
Market Cap ₹573.5 Cr
Sales-TTM₹595.4 CrTTM-Standalone Results
Price/Sales0.96xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of RATNAVEER PRECISION ENGINEERING

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 RATNAVEER PRECISION ENGINEERING is calculated as :

Current Market Cap [ ₹573.5 Cr] as on May 24,2024

(/) Sales [ ₹595.4 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 0.96x ]

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

Thus, for RATNAVEER PRECISION ENGINEERING , the investors are currently willing to pay '0.96 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 RATNAVEER PRECISION ENGINEERING !

The chart below summarizes the trend in P/S Ratio of RATNAVEER PRECISION ENGINEERING over the last five years.

Historical PS (Price/Sales) ratio chart of RATNAVEER PRECISION ENGINEERING


PS Ratio Performance Analysis for RATNAVEER PRECISION ENGINEERING

- RATNAVEER PRECISION ENGINEERING 's latest p/e ratio is 0.96x.

- RATNAVEER PRECISION ENGINEERING 's p/e ratio for fiscal years ending Mar2023 to Mar2020 averaged 0.00x.

- RATNAVEER PRECISION ENGINEERING 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 4 fiscal years, RATNAVEER PRECISION ENGINEERING 's p/e ratio peaked in Mar2023 at 0x.

- RATNAVEER PRECISION ENGINEERING 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does RATNAVEER PRECISION ENGINEERING '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)
RATNAVEER PRECISION ENGINEERING 595.40.96573.5
JSW STEEL LTD175,006.01.26220,519.0
TATA STEEL LTD233,445.00.94219,085.0
JINDAL STAINLESS LTD38,562.51.5459,476.7
STEEL AUTHORITY OF INDIA LTD105,378.00.6568,793.9
APL APOLLO TUBES LTD18,118.82.5546,148.2
MOTHERSON SUMI WIRING INDIA LTD8,313.43.6130,001.6
RATNAMANI METALS & TUBES LTD5,059.14.5723,097.4
SHYAM METALICS AND ENERGY LTD13,169.01.3317,578.3
WELSPUN CORP LTD16,948.60.9415,888.4
JINDAL SAW LTD20,957.10.8618,101.3

Steel & Iron Products Industry Benchmark (Top 10) PS Analysis vs RATNAVEER PRECISION ENGINEERING 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.65x
Max industry PS 4.57x
Median industry PS 1.26x
Average industry PS 1.75x



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