HITECH PIPES
|
The Current P/S Ratio of HITECH PIPES is 1.10.
Share Price | ₹155.7 | Dec 20,2024 |
Market Cap | ₹3,162.3 Cr | |
Sales-TTM | ₹2,884.0 Cr | TTM-Consolidated Results |
Price/Sales | 1.10x | Calculated as Market Cap/Sales |
---|---|---|
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 [ ₹3,162.3 Cr] as on Dec 20,2024
(/) Sales [ ₹2,884.0 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 1.10x ]
Thus, for HITECH PIPES , the investors are currently willing to pay '1.10 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 | 2,884.0 | 1.10 | 3,162.3 |
JSW STEEL LTD | 170,836.0 | 1.31 | 224,603.0 |
TATA STEEL LTD | 222,675.0 | 0.79 | 175,829.0 |
JINDAL STAINLESS LTD | 37,788.1 | 1.57 | 59,286.7 |
STEEL AUTHORITY OF INDIA LTD | 99,980.2 | 0.48 | 47,976.1 |
APL APOLLO TUBES LTD | 18,691.7 | 2.32 | 43,280.0 |
MOTHERSON SUMI WIRING INDIA LTD | 8,860.4 | 2.99 | 26,500.1 |
RATNAMANI METALS & TUBES LTD | 4,908.0 | 4.70 | 23,075.0 |
SHYAM METALICS AND ENERGY LTD | 14,167.1 | 1.52 | 21,483.4 |
WELSPUN CORP LTD | 15,649.9 | 1.30 | 20,383.2 |
JINDAL SAW LTD | 21,591.9 | 0.89 | 19,210.8 |
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 | 4.70x |
Median industry PS | 1.31x |
Average industry PS | 1.72x |
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