STEEL AUTHORITY OF INDIA
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The Current P/S Ratio of STEEL AUTHORITY OF INDIA is 0.57.
Share Price | ₹148.3 | Apr 22,2024 |
Market Cap | ₹61,255.3 Cr | |
Sales-TTM | ₹106,550.0 Cr | TTM-Consolidated Results |
Price/Sales | 0.57x | Calculated as Market Cap/Sales |
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Definition & Calculation of PS (Price/Sales) ratio of STEEL AUTHORITY OF INDIA
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
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 ]
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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
STEEL AUTHORITY OF INDIA | 106,550.0 | 0.57 | 61,255.3 |
JSW STEEL LTD | 175,699.0 | 1.19 | 209,111.0 |
TATA STEEL LTD | 233,445.0 | 0.87 | 202,045.0 |
JINDAL STAINLESS LTD | 38,873.5 | 1.51 | 58,628.5 |
APL APOLLO TUBES LTD | 17,784.2 | 2.42 | 42,989.9 |
MOTHERSON SUMI WIRING INDIA LTD | 7,945.1 | 3.87 | 30,744.4 |
RATNAMANI METALS & TUBES LTD | 5,062.5 | 4.01 | 20,282.2 |
SHYAM METALICS AND ENERGY LTD | 12,942.9 | 1.31 | 16,978.2 |
WELSPUN CORP LTD | 16,948.6 | 0.85 | 14,402.2 |
JINDAL SAW LTD | 20,720.0 | 0.76 | 15,730.3 |
MAHARASHTRA SEAMLESS LTD | 5,822.1 | 2.03 | 11,800.0 |
Steel & Iron Products Industry Benchmark (Top 10) PS Analysis vs STEEL AUTHORITY OF INDIA 's P/S Ratio
Top 10 Industry Peers | PS 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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