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SURAJ PRODUCTS
PS (Price/Sales) Ratio

The Current P/S Ratio of SURAJ PRODUCTS is 1.95.

Share Price ₹607.4Apr 24,2024
Market Cap ₹692.4 Cr
Sales-TTM₹355.3 CrTTM-Standalone Results
Price/Sales1.95xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of SURAJ PRODUCTS

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 SURAJ PRODUCTS is calculated as :

Current Market Cap [ ₹692.4 Cr] as on Apr 24,2024

(/) Sales [ ₹355.3 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 1.95x ]

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

Thus, for SURAJ PRODUCTS , the investors are currently willing to pay '1.95 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 SURAJ PRODUCTS !

The chart below summarizes the trend in P/S Ratio of SURAJ PRODUCTS over the last five years.

Historical PS (Price/Sales) ratio chart of SURAJ PRODUCTS


PS Ratio Performance Analysis for SURAJ PRODUCTS

- SURAJ PRODUCTS 's latest p/e ratio is 1.95x.

- SURAJ PRODUCTS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.30x.

- SURAJ PRODUCTS 's operated at median p/e ratio of 0.19x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SURAJ PRODUCTS 's p/e ratio peaked in Mar2022 at 0.54x.

- SURAJ PRODUCTS 's p/e ratio hit its five-year low in Mar2020 of 0.09x.


How does SURAJ PRODUCTS '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 RatioMarket Cap (Cr)
SURAJ PRODUCTS 355.31.95692.4
JINDAL STEEL & POWER LTD50,231.81.9095,521.0
LLOYDS METALS & ENERGY LTD5,843.66.3136,848.1
JAI BALAJI INDUSTRIES LTD6,292.22.8417,852.1
STEEL EXCHANGE INDIA LTD1,175.21.421,673.1
SAL STEEL LTD552.50.29159.3
KIC METALIKS LTD831.30.23188.9
BIHAR SPONGE IRON LTD305.40.42127.6
VASWANI INDUSTRIES LTD410.40.28114.6

Steel/Sponge Iron/Pig Iron Industry Benchmark (Top 10) PS Analysis vs SURAJ PRODUCTS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.23x
Max industry PS 6.31x
Median industry PS 1.42x
Average industry PS 1.74x



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