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MANAKSIA STEELS
PS (Price/Sales) Ratio

The Current P/S Ratio of MANAKSIA STEELS is 0.70.

Share Price ₹60.6Dec 26,2024
Market Cap ₹396.6 Cr
Sales-TTM₹566.1 CrTTM-Consolidated Results
Price/Sales0.70xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of MANAKSIA STEELS

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 MANAKSIA STEELS is calculated as :

Current Market Cap [ ₹396.6 Cr] as on Dec 26,2024

(/) Sales [ ₹566.1 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 0.70x ]

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

Thus, for MANAKSIA STEELS , the investors are currently willing to pay '0.70 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 MANAKSIA STEELS !

The chart below summarizes the trend in P/S Ratio of MANAKSIA STEELS over the last five years.

Historical PS (Price/Sales) ratio chart of MANAKSIA STEELS


PS Ratio Performance Analysis for MANAKSIA STEELS

- MANAKSIA STEELS 's latest p/e ratio is 0.70x.

- MANAKSIA STEELS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.35x.

- MANAKSIA STEELS 's operated at median p/e ratio of 0.31x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MANAKSIA STEELS 's p/e ratio peaked in Mar2024 at 0.57x.

- MANAKSIA STEELS 's p/e ratio hit its five-year low in Mar2020 of 0.08x.


How does MANAKSIA STEELS 's P/S Ratio benchmark against top 10 peers in Steel & Iron Products Industry?

Peer Comparison (Steel & Iron Products Industry)Sales (Cr)PS RatioMarket Cap (Cr)
MANAKSIA STEELS 566.10.70396.6
JSW STEEL LTD170,836.01.31223,637.0
TATA STEEL LTD222,675.00.79175,205.0
JINDAL STAINLESS LTD37,788.11.6060,361.7
STEEL AUTHORITY OF INDIA LTD99,980.20.4948,575.0
APL APOLLO TUBES LTD18,691.72.2241,508.0
MOTHERSON SUMI WIRING INDIA LTD8,860.42.9125,766.2
RATNAMANI METALS & TUBES LTD4,908.04.6923,022.8
SHYAM METALICS AND ENERGY LTD14,167.11.4520,559.5
WELSPUN CORP LTD15,649.91.3420,938.1
JINDAL SAW LTD21,591.90.8818,980.6

Steel & Iron Products Industry Benchmark (Top 10) PS Analysis vs MANAKSIA STEELS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.49x
Max industry PS 4.69x
Median industry PS 1.34x
Average industry PS 1.67x



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