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WELSPUN SPECIALTY SOLUTIONS
PS (Price/Sales) Ratio

The Current P/S Ratio of WELSPUN SPECIALTY SOLUTIONS is 2.44.

Share Price ₹31.4Mar 28,2024
Market Cap ₹1,665.6 Cr
Sales-TTM₹683.2 CrTTM-Standalone Results
Price/Sales2.44xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of WELSPUN SPECIALTY SOLUTIONS

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 WELSPUN SPECIALTY SOLUTIONS is calculated as :

Current Market Cap [ ₹1,665.6 Cr] as on Mar 28,2024

(/) Sales [ ₹683.2 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 2.44x ]

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

Thus, for WELSPUN SPECIALTY SOLUTIONS , the investors are currently willing to pay '2.44 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 WELSPUN SPECIALTY SOLUTIONS !

The chart below summarizes the trend in P/S Ratio of WELSPUN SPECIALTY SOLUTIONS over the last five years.

Historical PS (Price/Sales) ratio chart of WELSPUN SPECIALTY SOLUTIONS


PS Ratio Performance Analysis for WELSPUN SPECIALTY SOLUTIONS

- WELSPUN SPECIALTY SOLUTIONS 's latest p/e ratio is 2.44x.

- WELSPUN SPECIALTY SOLUTIONS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.26x.

- WELSPUN SPECIALTY SOLUTIONS 's operated at median p/e ratio of 2.28x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, WELSPUN SPECIALTY SOLUTIONS 's p/e ratio peaked in Mar2021 at 7.11x.

- WELSPUN SPECIALTY SOLUTIONS 's p/e ratio hit its five-year low in Mar2020 of 0.84x.


How does WELSPUN SPECIALTY SOLUTIONS '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)
WELSPUN SPECIALTY SOLUTIONS 683.22.441,665.6
JSW STEEL LTD175,699.01.16203,303.0
TATA STEEL LTD233,445.00.83194,617.0
JINDAL STAINLESS LTD38,873.51.4757,183.4
STEEL AUTHORITY OF INDIA LTD106,550.00.5255,411.0
APL APOLLO TUBES LTD17,784.22.3341,495.5
MOTHERSON SUMI WIRING INDIA LTD7,945.13.6729,166.1
RATNAMANI METALS & TUBES LTD5,062.53.8619,545.9
SHYAM METALICS AND ENERGY LTD12,942.91.2716,489.7
WELSPUN CORP LTD16,948.60.8013,500.7
JINDAL SAW LTD20,720.00.6713,816.6

Steel & Iron Products Industry Benchmark (Top 10) PS Analysis vs WELSPUN SPECIALTY SOLUTIONS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.52x
Max industry PS 3.86x
Median industry PS 1.27x
Average industry PS 1.73x



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