SCAN STEELS
|
The Current P/S Ratio of SCAN STEELS is 0.37.
Share Price | ₹69.5 | May 08,2024 |
Market Cap | ₹363.9 Cr | |
Sales-TTM | ₹983.2 Cr | TTM-Standalone Results |
Price/Sales | 0.37x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of SCAN STEELS
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹363.9 Cr] as on May 08,2024
(/) Sales [ ₹983.2 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 0.37x ]
Thus, for SCAN STEELS , the investors are currently willing to pay '0.37 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 SCAN STEELS !
The chart below summarizes the trend in P/S Ratio of SCAN STEELS over the last five years.
Historical PS (Price/Sales) ratio chart of SCAN STEELS
PS Ratio Performance Analysis for SCAN STEELS
- SCAN STEELS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.17x.
- SCAN STEELS 's operated at median p/e ratio of 0.13x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SCAN STEELS 's p/e ratio peaked in Mar2019 at 0.29x.
- SCAN STEELS 's p/e ratio hit its five-year low in Mar2023 of 0.13x.
How does SCAN STEELS '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) |
---|---|---|---|
SCAN STEELS | 983.2 | 0.37 | 363.9 |
JSW STEEL LTD | 175,699.0 | 1.20 | 211,507.0 |
TATA STEEL LTD | 233,445.0 | 0.89 | 207,288.0 |
JINDAL STAINLESS LTD | 38,873.5 | 1.47 | 57,109.3 |
STEEL AUTHORITY OF INDIA LTD | 106,550.0 | 0.62 | 66,356.9 |
APL APOLLO TUBES LTD | 17,784.2 | 2.45 | 43,526.9 |
MOTHERSON SUMI WIRING INDIA LTD | 7,945.1 | 3.84 | 30,501.2 |
RATNAMANI METALS & TUBES LTD | 5,062.5 | 4.36 | 22,075.5 |
SHYAM METALICS AND ENERGY LTD | 12,942.9 | 1.28 | 16,538.6 |
WELSPUN CORP LTD | 16,948.6 | 0.91 | 15,460.6 |
JINDAL SAW LTD | 20,957.1 | 0.81 | 17,001.3 |
Steel & Iron Products Industry Benchmark (Top 10) PS Analysis vs SCAN STEELS 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.37x |
Max industry PS | 4.36x |
Median industry PS | 1.20x |
Average industry PS | 1.65x |
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