JAI BALAJI INDUSTRIES
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The Current P/S Ratio of JAI BALAJI INDUSTRIES is 2.17.
Share Price | ₹158.4 | Feb 07,2025 |
Market Cap | ₹14,450.8 Cr | |
Sales-TTM | ₹6,659.5 Cr | TTM-Consolidated Results |
Price/Sales | 2.17x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of JAI BALAJI INDUSTRIES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
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 ]
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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
JAI BALAJI INDUSTRIES | 6,659.5 | 2.17 | 14,450.8 |
JINDAL STEEL & POWER LTD | 50,068.8 | 1.72 | 86,207.6 |
LLOYDS METALS & ENERGY LTD | 7,011.1 | 9.13 | 64,034.4 |
STEEL EXCHANGE INDIA LTD | 1,163.9 | 1.01 | 1,180.9 |
SURAJ PRODUCTS LTD | 327.6 | 1.53 | 500.6 |
SAL STEEL LTD | 503.2 | 0.40 | 199.3 |
KIC METALIKS LTD | 839.0 | 0.19 | 163.2 |
BIHAR SPONGE IRON LTD | 312.2 | 0.42 | 130.4 |
VASWANI INDUSTRIES LTD | 402.6 | 0.39 | 157.8 |
Steel/Sponge Iron/Pig Iron Industry Benchmark (Top 10) PS Analysis vs JAI BALAJI INDUSTRIES 's P/S Ratio
Top 10 Industry Peers | PS 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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