BIHAR SPONGE IRON
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The Current P/S Ratio of BIHAR SPONGE IRON is 0.44.
Share Price | ₹15.2 | Nov 22,2024 |
Market Cap | ₹137.5 Cr | |
Sales-TTM | ₹312.2 Cr | TTM-Standalone Results |
Price/Sales | 0.44x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of BIHAR SPONGE IRON
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹137.5 Cr] as on Nov 22,2024
(/) Sales [ ₹312.2 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 0.44x ]
Thus, for BIHAR SPONGE IRON , the investors are currently willing to pay '0.44 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 BIHAR SPONGE IRON !
The chart below summarizes the trend in P/S Ratio of BIHAR SPONGE IRON over the last five years.
Historical PS (Price/Sales) ratio chart of BIHAR SPONGE IRON
PS Ratio Performance Analysis for BIHAR SPONGE IRON
- BIHAR SPONGE IRON 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.52x.
- BIHAR SPONGE IRON 's operated at median p/e ratio of 0.46x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BIHAR SPONGE IRON 's p/e ratio peaked in Mar2022 at 1.12x.
- BIHAR SPONGE IRON 's p/e ratio hit its five-year low in Mar2020 of 0x.
How does BIHAR SPONGE IRON 's P/S Ratio benchmark against top 10 peers in Steel/Sponge Iron/Pig Iron Industry?
Peer Comparison (Steel/Sponge Iron/Pig Iron Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
BIHAR SPONGE IRON | 312.2 | 0.44 | 137.5 |
JINDAL STEEL & POWER LTD | 50,019.4 | 1.79 | 89,675.9 |
LLOYDS METALS & ENERGY LTD | 7,246.5 | 6.59 | 47,785.0 |
JAI BALAJI INDUSTRIES LTD | 6,659.5 | 2.53 | 16,826.5 |
STEEL EXCHANGE INDIA LTD | 1,092.7 | 1.12 | 1,221.6 |
SURAJ PRODUCTS LTD | 334.0 | 1.68 | 562.4 |
SAL STEEL LTD | 503.2 | 0.41 | 205.2 |
KIC METALIKS LTD | 839.0 | 0.18 | 150.9 |
VASWANI INDUSTRIES LTD | 402.6 | 0.38 | 152.2 |
Steel/Sponge Iron/Pig Iron Industry Benchmark (Top 10) PS Analysis vs BIHAR SPONGE IRON 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.18x |
Max industry PS | 6.59x |
Median industry PS | 1.12x |
Average industry PS | 1.68x |
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