WELSPUN SPECIALTY SOLUTIONS
|
The Current P/S Ratio of WELSPUN SPECIALTY SOLUTIONS is 2.44.
Share Price | ₹31.4 | Mar 28,2024 |
Market Cap | ₹1,665.6 Cr | |
Sales-TTM | ₹683.2 Cr | TTM-Standalone Results |
Price/Sales | 2.44x | Calculated as Market Cap/Sales |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of WELSPUN SPECIALTY SOLUTIONS
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
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 ]
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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
WELSPUN SPECIALTY SOLUTIONS | 683.2 | 2.44 | 1,665.6 |
JSW STEEL LTD | 175,699.0 | 1.16 | 203,303.0 |
TATA STEEL LTD | 233,445.0 | 0.83 | 194,617.0 |
JINDAL STAINLESS LTD | 38,873.5 | 1.47 | 57,183.4 |
STEEL AUTHORITY OF INDIA LTD | 106,550.0 | 0.52 | 55,411.0 |
APL APOLLO TUBES LTD | 17,784.2 | 2.33 | 41,495.5 |
MOTHERSON SUMI WIRING INDIA LTD | 7,945.1 | 3.67 | 29,166.1 |
RATNAMANI METALS & TUBES LTD | 5,062.5 | 3.86 | 19,545.9 |
SHYAM METALICS AND ENERGY LTD | 12,942.9 | 1.27 | 16,489.7 |
WELSPUN CORP LTD | 16,948.6 | 0.80 | 13,500.7 |
JINDAL SAW LTD | 20,720.0 | 0.67 | 13,816.6 |
Steel & Iron Products Industry Benchmark (Top 10) PS Analysis vs WELSPUN SPECIALTY SOLUTIONS 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.52x |
Max industry PS | 3.86x |
Median industry PS | 1.27x |
Average industry PS | 1.73x |
You may also like the below Video Courses