RATNAVEER PRECISION ENGINEERING
|
The Current P/S Ratio of RATNAVEER PRECISION ENGINEERING is 0.96.
Share Price | ₹118.3 | May 24,2024 |
Market Cap | ₹573.5 Cr | |
Sales-TTM | ₹595.4 Cr | TTM-Standalone Results |
Price/Sales | 0.96x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of RATNAVEER PRECISION ENGINEERING
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
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 ]
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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
RATNAVEER PRECISION ENGINEERING | 595.4 | 0.96 | 573.5 |
JSW STEEL LTD | 175,006.0 | 1.26 | 220,519.0 |
TATA STEEL LTD | 233,445.0 | 0.94 | 219,085.0 |
JINDAL STAINLESS LTD | 38,562.5 | 1.54 | 59,476.7 |
STEEL AUTHORITY OF INDIA LTD | 105,378.0 | 0.65 | 68,793.9 |
APL APOLLO TUBES LTD | 18,118.8 | 2.55 | 46,148.2 |
MOTHERSON SUMI WIRING INDIA LTD | 8,313.4 | 3.61 | 30,001.6 |
RATNAMANI METALS & TUBES LTD | 5,059.1 | 4.57 | 23,097.4 |
SHYAM METALICS AND ENERGY LTD | 13,169.0 | 1.33 | 17,578.3 |
WELSPUN CORP LTD | 16,948.6 | 0.94 | 15,888.4 |
JINDAL SAW LTD | 20,957.1 | 0.86 | 18,101.3 |
Steel & Iron Products Industry Benchmark (Top 10) PS Analysis vs RATNAVEER PRECISION ENGINEERING 's P/S Ratio
Top 10 Industry Peers | PS 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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