JTL INDUSTRIES
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The Current P/S Ratio of JTL INDUSTRIES is 2.25.
Share Price | ₹235.3 | Sep 06,2024 |
Market Cap | ₹4,623.6 Cr | |
Sales-TTM | ₹2,050.8 Cr | TTM-Consolidated Results |
Price/Sales | 2.25x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of JTL INDUSTRIES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹4,623.6 Cr] as on Sep 06,2024
(/) Sales [ ₹2,050.8 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 2.25x ]
Thus, for JTL INDUSTRIES , the investors are currently willing to pay '2.25 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 JTL INDUSTRIES !
The chart below summarizes the trend in P/S Ratio of JTL INDUSTRIES over the last five years.
Historical PS (Price/Sales) ratio chart of JTL INDUSTRIES
PS Ratio Performance Analysis for JTL INDUSTRIES
- JTL INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2021 averaged 1.41x.
- JTL INDUSTRIES 's operated at median p/e ratio of 1.6x from fiscal years ending March 2018 to 2022.
- Looking back at the last 4 fiscal years, JTL INDUSTRIES 's p/e ratio peaked in Mar2023 at 1.73x.
- JTL INDUSTRIES 's p/e ratio hit its five-year low in Mar2022 of 1.01x.
How does JTL 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) |
---|---|---|---|
JTL INDUSTRIES | 2,050.8 | 2.25 | 4,623.6 |
JSW STEEL LTD | 175,736.0 | 1.30 | 228,149.0 |
TATA STEEL LTD | 224,453.0 | 0.84 | 188,812.0 |
JINDAL STAINLESS LTD | 37,808.3 | 1.58 | 59,777.2 |
STEEL AUTHORITY OF INDIA LTD | 105,017.0 | 0.51 | 53,428.3 |
APL APOLLO TUBES LTD | 18,548.2 | 2.10 | 38,958.9 |
MOTHERSON SUMI WIRING INDIA LTD | 8,639.4 | 3.58 | 30,899.1 |
RATNAMANI METALS & TUBES LTD | 5,067.9 | 5.27 | 26,698.0 |
SHYAM METALICS AND ENERGY LTD | 13,473.8 | 1.65 | 22,170.1 |
WELSPUN CORP LTD | 16,407.6 | 1.09 | 17,855.5 |
JINDAL SAW LTD | 21,486.2 | 1.03 | 22,109.4 |
Steel & Iron Products Industry Benchmark (Top 10) PS Analysis vs JTL INDUSTRIES 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.51x |
Max industry PS | 5.27x |
Median industry PS | 1.58x |
Average industry PS | 1.93x |
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