INCREDIBLE INDUSTRIES
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The Current P/S Ratio of INCREDIBLE INDUSTRIES is 0.28.
Share Price | ₹45.0 | Jan 28,2025 |
Market Cap | ₹210.8 Cr | |
Sales-TTM | ₹745.1 Cr | TTM-Standalone Results |
Price/Sales | 0.28x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of INCREDIBLE INDUSTRIES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹210.8 Cr] as on Jan 28,2025
(/) Sales [ ₹745.1 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 0.28x ]
Thus, for INCREDIBLE INDUSTRIES , the investors are currently willing to pay '0.28 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 INCREDIBLE INDUSTRIES !
The chart below summarizes the trend in P/S Ratio of INCREDIBLE INDUSTRIES over the last five years.
Historical PS (Price/Sales) ratio chart of INCREDIBLE INDUSTRIES
PS Ratio Performance Analysis for INCREDIBLE INDUSTRIES
- INCREDIBLE INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.17x.
- INCREDIBLE INDUSTRIES 's operated at median p/e ratio of 0.18x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, INCREDIBLE INDUSTRIES 's p/e ratio peaked in Mar2024 at 0.2x.
- INCREDIBLE INDUSTRIES 's p/e ratio hit its five-year low in Mar2023 of 0.12x.
How does INCREDIBLE INDUSTRIES '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) |
---|---|---|---|
INCREDIBLE INDUSTRIES | 745.1 | 0.28 | 210.8 |
JSW STEEL LTD | 170,274.0 | 1.32 | 224,052.0 |
TATA STEEL LTD | 221,012.0 | 0.73 | 160,662.0 |
JINDAL STAINLESS LTD | 37,788.1 | 1.34 | 50,674.2 |
STEEL AUTHORITY OF INDIA LTD | 99,980.2 | 0.42 | 42,461.8 |
APL APOLLO TUBES LTD | 19,946.7 | 2.07 | 41,291.5 |
MOTHERSON SUMI WIRING INDIA LTD | 8,860.4 | 2.69 | 23,803.2 |
RATNAMANI METALS & TUBES LTD | 4,908.0 | 4.00 | 19,637.3 |
SHYAM METALICS AND ENERGY LTD | 14,604.3 | 1.36 | 19,902.1 |
WELSPUN CORP LTD | 15,649.9 | 1.20 | 18,798.7 |
JINDAL SAW LTD | 21,207.5 | 0.68 | 14,449.7 |
Steel & Iron Products Industry Benchmark (Top 10) PS Analysis vs INCREDIBLE INDUSTRIES 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.28x |
Max industry PS | 4.00x |
Median industry PS | 1.32x |
Average industry PS | 1.46x |
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