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BAJAJ STEEL INDUSTRIES
PS (Price/Sales) Ratio

The Current P/S Ratio of BAJAJ STEEL INDUSTRIES is 2.69.

Share Price ₹766.8Nov 22,2024
Market Cap ₹1,594.8 Cr
Sales-TTM₹593.0 CrTTM-Consolidated Results
Price/Sales2.69xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of BAJAJ STEEL INDUSTRIES

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 BAJAJ STEEL INDUSTRIES is calculated as :

Current Market Cap [ ₹1,594.8 Cr] as on Nov 22,2024

(/) Sales [ ₹593.0 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 2.69x ]

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

Thus, for BAJAJ STEEL INDUSTRIES , the investors are currently willing to pay '2.69 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 BAJAJ STEEL INDUSTRIES !

The chart below summarizes the trend in P/S Ratio of BAJAJ STEEL INDUSTRIES over the last five years.

Historical PS (Price/Sales) ratio chart of BAJAJ STEEL INDUSTRIES


PS Ratio Performance Analysis for BAJAJ STEEL INDUSTRIES

- BAJAJ STEEL INDUSTRIES 's latest p/e ratio is 2.69x.

- BAJAJ STEEL INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.68x.

- BAJAJ STEEL INDUSTRIES 's operated at median p/e ratio of 0.75x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BAJAJ STEEL INDUSTRIES 's p/e ratio peaked in Mar2024 at 1.09x.

- BAJAJ STEEL INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 0.09x.


How does BAJAJ STEEL INDUSTRIES 's P/S Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?

Peer Comparison (Engineering - Industrial Equipments Industry)Sales (Cr)PS RatioMarket Cap (Cr)
BAJAJ STEEL INDUSTRIES 593.02.691,594.8
BHARAT ELECTRONICS LTD21,574.79.51205,259.0
BHARAT HEAVY ELECTRICALS LTD25,833.13.1681,619.6
THERMAX LTD9,884.05.4153,483.9
TRIVENI TURBINE LTD1,854.111.7721,825.4
KIRLOSKAR OIL ENGINES LTD6,186.02.5015,472.6
ELECON ENGINEERING COMPANY LTD1,938.76.4912,584.3
PRAJ INDUSTRIES LTD3,362.54.2714,361.3
SHRIRAM PISTONS & RINGS LTD3,334.92.638,765.7
KIRLOSKAR BROTHERS LTD4,255.34.0617,276.2
TEGA INDUSTRIES LTD1,540.57.3611,338.0

Engineering - Industrial Equipments Industry Benchmark (Top 10) PS Analysis vs BAJAJ STEEL INDUSTRIES 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 2.50x
Max industry PS 11.77x
Median industry PS 4.27x
Average industry PS 5.44x



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