STEEL STRIPS WHEELS
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The Current P/S Ratio of STEEL STRIPS WHEELS is 0.83.
| Share Price | ₹227.0 | Apr 26,2024 |
| Market Cap | ₹3,560.8 Cr | |
| Sales-TTM | ₹4,293.4 Cr | TTM-Consolidated Results |
| Price/Sales | 0.83x | Calculated as Market Cap/Sales |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PS (Price/Sales) ratio of STEEL STRIPS WHEELS
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
Current Market Cap [ ₹3,560.8 Cr] as on Apr 26,2024
(/) Sales [ ₹4,293.4 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 0.83x ]
P/S Ratio indicates 'the multiple of sales' investors are willing to pay to own one share of the company.
Thus, for STEEL STRIPS WHEELS , the investors are currently willing to pay '0.83 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 STRIPS WHEELS !
The chart below summarizes the trend in P/S Ratio of STEEL STRIPS WHEELS over the last five years.
Thus, for STEEL STRIPS WHEELS , the investors are currently willing to pay '0.83 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 STRIPS WHEELS !
The chart below summarizes the trend in P/S Ratio of STEEL STRIPS WHEELS over the last five years.
Historical PS (Price/Sales) ratio chart of STEEL STRIPS WHEELS
PS Ratio Performance Analysis for STEEL STRIPS WHEELS
- STEEL STRIPS WHEELS 's latest p/e ratio is 0.83x.
- STEEL STRIPS WHEELS 's p/e ratio for fiscal years ending Mar2023 to Mar2022 averaged 0.64x.
- STEEL STRIPS WHEELS 's operated at median p/e ratio of 0.71x from fiscal years ending March 2018 to 2022.
- Looking back at the last 2 fiscal years, STEEL STRIPS WHEELS 's p/e ratio peaked in Mar2022 at 0.71x.
- STEEL STRIPS WHEELS 's p/e ratio hit its five-year low in Mar2023 of 0.57x.
- STEEL STRIPS WHEELS 's p/e ratio for fiscal years ending Mar2023 to Mar2022 averaged 0.64x.
- STEEL STRIPS WHEELS 's operated at median p/e ratio of 0.71x from fiscal years ending March 2018 to 2022.
- Looking back at the last 2 fiscal years, STEEL STRIPS WHEELS 's p/e ratio peaked in Mar2022 at 0.71x.
- STEEL STRIPS WHEELS 's p/e ratio hit its five-year low in Mar2023 of 0.57x.
How does STEEL STRIPS WHEELS 's P/S Ratio benchmark against top 10 peers in Auto Ancillary Industry?
| Peer Comparison (Auto Ancillary Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
|---|---|---|---|
| STEEL STRIPS WHEELS | 4,293.4 | 0.83 | 3,560.8 |
| BOSCH LTD | 16,557.1 | 5.14 | 85,153.6 |
| SAMVARDHANA MOTHERSON INTERNATIONAL LTD | 94,110.4 | 0.94 | 88,872.8 |
| SONA BLW PRECISION FORGINGS LTD | 3,044.7 | 12.48 | 37,987.1 |
| UNO MINDA LTD | 13,125.8 | 3.17 | 41,607.5 |
| ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD | 3,833.9 | 6.86 | 26,304.9 |
| ENDURANCE TECHNOLOGIES LTD | 9,790.4 | 2.84 | 27,770.4 |
| JBM AUTO LTD | 4,533.5 | 4.65 | 21,070.5 |
| TVS HOLDINGS LTD | 38,397.7 | 0.44 | 17,038.7 |
| MINDA CORPORATION LTD | 4,510.7 | 2.16 | 9,725.8 |
| CRAFTSMAN AUTOMATION LTD | 4,326.8 | 2.29 | 9,902.6 |
Auto Ancillary Industry Benchmark (Top 10) PS Analysis vs STEEL STRIPS WHEELS 's P/S Ratio
| Top 10 Industry Peers | PS Ratio |
|---|---|
| Min industry PS | 0.44x |
| Max industry PS | 12.48x |
| Median industry PS | 2.84x |
| Average industry PS | 3.80x |
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