JINDAL STAINLESS
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The Current P/S Ratio of JINDAL STAINLESS is 1.70.
Share Price | ₹794.4 | May 31,2024 |
Market Cap | ₹65,406.8 Cr | |
Sales-TTM | ₹38,562.5 Cr | TTM-Consolidated Results |
Price/Sales | 1.70x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of JINDAL STAINLESS
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹65,406.8 Cr] as on May 31,2024
(/) Sales [ ₹38,562.5 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 1.70x ]
Thus, for JINDAL STAINLESS , the investors are currently willing to pay '1.70 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 JINDAL STAINLESS !
The chart below summarizes the trend in P/S Ratio of JINDAL STAINLESS over the last five years.
Historical PS (Price/Sales) ratio chart of JINDAL STAINLESS
PS Ratio Performance Analysis for JINDAL STAINLESS
- JINDAL STAINLESS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.30x.
- JINDAL STAINLESS 's operated at median p/e ratio of 0.27x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, JINDAL STAINLESS 's p/e ratio peaked in Mar2023 at 0.67x.
- JINDAL STAINLESS 's p/e ratio hit its five-year low in Mar2020 of 0.09x.
How does JINDAL STAINLESS '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) |
---|---|---|---|
JINDAL STAINLESS | 38,562.5 | 1.70 | 65,406.8 |
JSW STEEL LTD | 175,006.0 | 1.23 | 215,555.0 |
TATA STEEL LTD | 229,171.0 | 0.91 | 208,661.0 |
STEEL AUTHORITY OF INDIA LTD | 105,378.0 | 0.62 | 65,427.5 |
APL APOLLO TUBES LTD | 18,118.8 | 2.30 | 41,675.9 |
MOTHERSON SUMI WIRING INDIA LTD | 8,313.4 | 3.60 | 29,922.1 |
RATNAMANI METALS & TUBES LTD | 5,059.1 | 4.71 | 23,821.8 |
SHYAM METALICS AND ENERGY LTD | 13,169.0 | 1.29 | 16,994.9 |
WELSPUN CORP LTD | 17,339.6 | 0.83 | 14,377.3 |
JINDAL SAW LTD | 20,957.1 | 0.82 | 17,188.4 |
MAHARASHTRA SEAMLESS LTD | 5,404.1 | 1.62 | 8,781.6 |
Steel & Iron Products Industry Benchmark (Top 10) PS Analysis vs JINDAL STAINLESS 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.62x |
Max industry PS | 4.71x |
Median industry PS | 1.29x |
Average industry PS | 1.79x |
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