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JAI BALAJI INDUSTRIES
PS (Price/Sales) Ratio

The Current P/S Ratio of JAI BALAJI INDUSTRIES is 2.17.

Share Price ₹158.4Feb 07,2025
Market Cap ₹14,450.8 Cr
Sales-TTM₹6,659.5 CrTTM-Consolidated Results
Price/Sales2.17xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of JAI BALAJI INDUSTRIES

Price-to-Sales ratio, P/S Multiple, or P/S Ratio is an important valuation multiple that is defined as:

P/S = Market Capitalization / Sales

or, using per-share numbers:

P/S = Stock Price / Sales Per Share

Applying the above formula, P/S ratio of JAI BALAJI INDUSTRIES is calculated as :

Current Market Cap [ ₹14,450.8 Cr] as on Feb 07,2025

(/) Sales [ ₹6,659.5 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 2.17x ]

P/S Ratio indicates 'the multiple of sales' investors are willing to pay to own one share of the company.

Thus, for JAI BALAJI INDUSTRIES , the investors are currently willing to pay '2.17 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 JAI BALAJI INDUSTRIES !

The chart below summarizes the trend in P/S Ratio of JAI BALAJI INDUSTRIES over the last five years.

Historical PS (Price/Sales) ratio chart of JAI BALAJI INDUSTRIES


PS Ratio Performance Analysis for JAI BALAJI INDUSTRIES

- JAI BALAJI INDUSTRIES 's latest p/e ratio is 2.17x.

- JAI BALAJI INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.56x.

- JAI BALAJI INDUSTRIES 's operated at median p/e ratio of 0.11x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, JAI BALAJI INDUSTRIES 's p/e ratio peaked in Mar2024 at 2.36x.

- JAI BALAJI INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 0.06x.


How does JAI BALAJI INDUSTRIES '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 RatioMarket Cap (Cr)
JAI BALAJI INDUSTRIES 6,659.52.1714,450.8
JINDAL STEEL & POWER LTD50,068.81.7286,207.6
LLOYDS METALS & ENERGY LTD7,011.19.1364,034.4
STEEL EXCHANGE INDIA LTD1,163.91.011,180.9
SURAJ PRODUCTS LTD327.61.53500.6
SAL STEEL LTD503.20.40199.3
KIC METALIKS LTD839.00.19163.2
BIHAR SPONGE IRON LTD312.20.42130.4
VASWANI INDUSTRIES LTD402.60.39157.8

Steel/Sponge Iron/Pig Iron Industry Benchmark (Top 10) PS Analysis vs JAI BALAJI INDUSTRIES 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.19x
Max industry PS 9.13x
Median industry PS 1.01x
Average industry PS 1.89x



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