HITECH PIPES
|
The Current P/S Ratio of HITECH PIPES is 0.71.
Share Price | ₹105.2 | Apr 01,2025 |
Market Cap | ₹2,135.6 Cr | |
Sales-TTM | ₹3,014.9 Cr | TTM-Consolidated Results |
Price/Sales | 0.71x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of HITECH PIPES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹2,135.6 Cr] as on Apr 01,2025
(/) Sales [ ₹3,014.9 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 0.71x ]
Thus, for HITECH PIPES , the investors are currently willing to pay '0.71 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 HITECH PIPES !
The chart below summarizes the trend in P/S Ratio of HITECH PIPES over the last five years.
Historical PS (Price/Sales) ratio chart of HITECH PIPES
PS Ratio Performance Analysis for HITECH PIPES
- HITECH PIPES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.39x.
- HITECH PIPES 's operated at median p/e ratio of 0.33x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HITECH PIPES 's p/e ratio peaked in Mar2024 at 0.78x.
- HITECH PIPES 's p/e ratio hit its five-year low in Mar2020 of 0.07x.
How does HITECH PIPES '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) |
---|---|---|---|
HITECH PIPES | 3,014.9 | 0.71 | 2,135.6 |
JSW STEEL LTD | 170,274.0 | 1.52 | 258,215.0 |
TATA STEEL LTD | 221,012.0 | 0.86 | 191,122.0 |
JINDAL STAINLESS LTD | 38,567.9 | 1.23 | 47,465.6 |
STEEL AUTHORITY OF INDIA LTD | 101,121.0 | 0.48 | 48,285.8 |
APL APOLLO TUBES LTD | 19,946.7 | 2.13 | 42,421.0 |
MOTHERSON SUMI WIRING INDIA LTD | 9,043.4 | 2.50 | 22,583.0 |
SHYAM METALICS AND ENERGY LTD | 14,604.3 | 1.65 | 24,041.6 |
WELSPUN CORP LTD | 14,513.7 | 1.53 | 22,244.6 |
RATNAMANI METALS & TUBES LTD | 4,967.0 | 3.71 | 18,437.3 |
SARDA ENERGY & MINERALS LTD | 4,293.3 | 4.33 | 18,598.7 |
Steel & Iron Products Industry Benchmark (Top 10) PS Analysis vs HITECH PIPES 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.48x |
Max industry PS | 4.33x |
Median industry PS | 1.53x |
Average industry PS | 1.88x |
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