BAJAJ STEEL INDUSTRIES
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The Current P/S Ratio of BAJAJ STEEL INDUSTRIES is 2.59.
Share Price | ₹737.4 | Nov 29,2024 |
Market Cap | ₹1,533.7 Cr | |
Sales-TTM | ₹593.0 Cr | TTM-Consolidated Results |
Price/Sales | 2.59x | Calculated as Market Cap/Sales |
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Definition & Calculation of PS (Price/Sales) ratio of BAJAJ STEEL INDUSTRIES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹1,533.7 Cr] as on Nov 29,2024
(/) Sales [ ₹593.0 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 2.59x ]
Thus, for BAJAJ STEEL INDUSTRIES , the investors are currently willing to pay '2.59 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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
BAJAJ STEEL INDUSTRIES | 593.0 | 2.59 | 1,533.7 |
BHARAT ELECTRONICS LTD | 21,574.7 | 10.43 | 225,032.0 |
BHARAT HEAVY ELECTRICALS LTD | 25,833.1 | 3.38 | 87,434.6 |
THERMAX LTD | 9,884.0 | 5.54 | 54,719.0 |
TRIVENI TURBINE LTD | 1,854.1 | 13.17 | 24,411.4 |
KIRLOSKAR OIL ENGINES LTD | 6,186.0 | 2.63 | 16,283.1 |
ELECON ENGINEERING COMPANY LTD | 1,938.7 | 6.78 | 13,142.0 |
PRAJ INDUSTRIES LTD | 3,362.5 | 4.50 | 15,129.7 |
SHRIRAM PISTONS & RINGS LTD | 3,334.9 | 2.85 | 9,504.9 |
KIRLOSKAR BROTHERS LTD | 4,255.3 | 4.25 | 18,093.7 |
TEGA INDUSTRIES LTD | 1,540.5 | 7.44 | 11,456.8 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PS Analysis vs BAJAJ STEEL INDUSTRIES 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 2.59x |
Max industry PS | 13.17x |
Median industry PS | 4.50x |
Average industry PS | 5.78x |
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