STEEL EXCHANGE INDIA
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The Current P/S Ratio of STEEL EXCHANGE INDIA is 1.59.
Share Price | ₹14.5 | May 06,2024 |
Market Cap | ₹1,732.9 Cr | |
Sales-TTM | ₹1,089.2 Cr | TTM-Standalone Results |
Price/Sales | 1.59x | Calculated as Market Cap/Sales |
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Definition & Calculation of PS (Price/Sales) ratio of STEEL EXCHANGE INDIA
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹1,732.9 Cr] as on May 06,2024
(/) Sales [ ₹1,089.2 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 1.59x ]
Thus, for STEEL EXCHANGE INDIA , the investors are currently willing to pay '1.59 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 EXCHANGE INDIA !
The chart below summarizes the trend in P/S Ratio of STEEL EXCHANGE INDIA over the last five years.
Historical PS (Price/Sales) ratio chart of STEEL EXCHANGE INDIA
PS Ratio Performance Analysis for STEEL EXCHANGE INDIA
- STEEL EXCHANGE INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.75x.
- STEEL EXCHANGE INDIA 's operated at median p/e ratio of 0.56x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, STEEL EXCHANGE INDIA 's p/e ratio peaked in Mar2022 at 1.92x.
- STEEL EXCHANGE INDIA 's p/e ratio hit its five-year low in Mar2020 of 0.13x.
How does STEEL EXCHANGE INDIA 's P/S Ratio benchmark against top 10 peers in Steel/Sponge Iron/Pig Iron Industry?
Peer Comparison (Steel/Sponge Iron/Pig Iron Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
STEEL EXCHANGE INDIA | 1,089.2 | 1.59 | 1,732.9 |
JINDAL STEEL & POWER LTD | 50,231.8 | 1.90 | 95,541.5 |
LLOYDS METALS & ENERGY LTD | 6,521.7 | 5.35 | 34,902.9 |
JAI BALAJI INDUSTRIES LTD | 6,413.8 | 2.64 | 16,925.1 |
SURAJ PRODUCTS LTD | 355.3 | 2.03 | 721.3 |
SAL STEEL LTD | 552.5 | 0.30 | 163.1 |
KIC METALIKS LTD | 831.3 | 0.22 | 186.0 |
BIHAR SPONGE IRON LTD | 305.4 | 0.40 | 123.1 |
VASWANI INDUSTRIES LTD | 410.4 | 0.25 | 103.7 |
Steel/Sponge Iron/Pig Iron Industry Benchmark (Top 10) PS Analysis vs STEEL EXCHANGE INDIA 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.22x |
Max industry PS | 5.35x |
Median industry PS | 1.59x |
Average industry PS | 1.63x |
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