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TULSYAN NEC
PS (Price/Sales) Ratio

The Current P/S Ratio of TULSYAN NEC is 0.15.

Share Price ₹99.6May 18,2024
Market Cap ₹149.4 Cr
Sales-TTM₹968.9 CrTTM-Consolidated Results
Price/Sales0.15xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of TULSYAN NEC

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 TULSYAN NEC is calculated as :

Current Market Cap [ ₹149.4 Cr] as on May 18,2024

(/) Sales [ ₹968.9 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 0.15x ]

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

Thus, for TULSYAN NEC , the investors are currently willing to pay '0.15 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 TULSYAN NEC !

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

Historical PS (Price/Sales) ratio chart of TULSYAN NEC


PS Ratio Performance Analysis for TULSYAN NEC

- TULSYAN NEC 's latest p/e ratio is 0.15x.

- TULSYAN NEC 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.02x.

- TULSYAN NEC 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TULSYAN NEC 's p/e ratio peaked in Mar2023 at 0.09x.

- TULSYAN NEC 's p/e ratio hit its five-year low in Mar2022 of 0x.


How does TULSYAN NEC '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)
TULSYAN NEC 968.90.15149.4
JSW STEEL LTD175,006.01.25217,890.0
TATA STEEL LTD233,445.00.90209,597.0
JINDAL STAINLESS LTD38,562.51.5057,936.9
STEEL AUTHORITY OF INDIA LTD106,550.00.6669,867.8
APL APOLLO TUBES LTD18,118.82.5646,324.4
MOTHERSON SUMI WIRING INDIA LTD8,313.43.6830,589.7
RATNAMANI METALS & TUBES LTD5,059.14.5723,121.6
SHYAM METALICS AND ENERGY LTD13,169.01.3717,977.5
WELSPUN CORP LTD16,948.60.9716,453.6
JINDAL SAW LTD20,957.10.8417,668.0

Steel & Iron Products Industry Benchmark (Top 10) PS Analysis vs TULSYAN NEC 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.15x
Max industry PS 4.57x
Median industry PS 1.25x
Average industry PS 1.68x



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