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STEEL AUTHORITY OF INDIA
PS (Price/Sales) Ratio

The Current P/S Ratio of STEEL AUTHORITY OF INDIA is 0.57.

Share Price ₹148.3Apr 22,2024
Market Cap ₹61,255.3 Cr
Sales-TTM₹106,550.0 CrTTM-Consolidated Results
Price/Sales0.57xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of STEEL AUTHORITY OF INDIA

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 STEEL AUTHORITY OF INDIA is calculated as :

Current Market Cap [ ₹61,255.3 Cr] as on Apr 22,2024

(/) Sales [ ₹106,550.0 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 0.57x ]

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

Thus, for STEEL AUTHORITY OF INDIA , the investors are currently willing to pay '0.57 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 STEEL AUTHORITY OF INDIA !

The chart below summarizes the trend in P/S Ratio of STEEL AUTHORITY OF INDIA over the last five years.

Historical PS (Price/Sales) ratio chart of STEEL AUTHORITY OF INDIA


PS Ratio Performance Analysis for STEEL AUTHORITY OF INDIA

- STEEL AUTHORITY OF INDIA 's latest p/e ratio is 0.57x.

- STEEL AUTHORITY OF INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.33x.

- STEEL AUTHORITY OF INDIA 's operated at median p/e ratio of 0.33x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, STEEL AUTHORITY OF INDIA 's p/e ratio peaked in Mar2021 at 0.47x.

- STEEL AUTHORITY OF INDIA 's p/e ratio hit its five-year low in Mar2020 of 0.15x.


How does STEEL AUTHORITY OF INDIA '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)
STEEL AUTHORITY OF INDIA 106,550.00.5761,255.3
JSW STEEL LTD175,699.01.19209,111.0
TATA STEEL LTD233,445.00.87202,045.0
JINDAL STAINLESS LTD38,873.51.5158,628.5
APL APOLLO TUBES LTD17,784.22.4242,989.9
MOTHERSON SUMI WIRING INDIA LTD7,945.13.8730,744.4
RATNAMANI METALS & TUBES LTD5,062.54.0120,282.2
SHYAM METALICS AND ENERGY LTD12,942.91.3116,978.2
WELSPUN CORP LTD16,948.60.8514,402.2
JINDAL SAW LTD20,720.00.7615,730.3
MAHARASHTRA SEAMLESS LTD5,822.12.0311,800.0

Steel & Iron Products Industry Benchmark (Top 10) PS Analysis vs STEEL AUTHORITY OF INDIA 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.57x
Max industry PS 4.01x
Median industry PS 1.31x
Average industry PS 1.76x



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