RAMA STEEL TUBES
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The Current P/S Ratio of RAMA STEEL TUBES is 1.87.
Share Price | ₹12.2 | Dec 24,2024 |
Market Cap | ₹1,889.9 Cr | |
Sales-TTM | ₹1,010.3 Cr | TTM-Consolidated Results |
Price/Sales | 1.87x | Calculated as Market Cap/Sales |
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Definition & Calculation of PS (Price/Sales) ratio of RAMA STEEL TUBES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹1,889.9 Cr] as on Dec 24,2024
(/) Sales [ ₹1,010.3 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 1.87x ]
Thus, for RAMA STEEL TUBES , the investors are currently willing to pay '1.87 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 RAMA STEEL TUBES !
The chart below summarizes the trend in P/S Ratio of RAMA STEEL TUBES over the last five years.
Historical PS (Price/Sales) ratio chart of RAMA STEEL TUBES
PS Ratio Performance Analysis for RAMA STEEL TUBES
- RAMA STEEL TUBES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.82x.
- RAMA STEEL TUBES 's operated at median p/e ratio of 0.69x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RAMA STEEL TUBES 's p/e ratio peaked in Mar2024 at 2.12x.
- RAMA STEEL TUBES 's p/e ratio hit its five-year low in Mar2020 of 0.09x.
How does RAMA STEEL TUBES '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) |
---|---|---|---|
RAMA STEEL TUBES | 1,010.3 | 1.87 | 1,889.9 |
JSW STEEL LTD | 170,836.0 | 1.32 | 225,532.0 |
TATA STEEL LTD | 222,675.0 | 0.79 | 175,205.0 |
JINDAL STAINLESS LTD | 37,788.1 | 1.59 | 60,180.5 |
STEEL AUTHORITY OF INDIA LTD | 99,980.2 | 0.49 | 49,153.2 |
APL APOLLO TUBES LTD | 18,691.7 | 2.25 | 42,064.4 |
MOTHERSON SUMI WIRING INDIA LTD | 8,860.4 | 2.93 | 25,943.1 |
RATNAMANI METALS & TUBES LTD | 4,908.0 | 4.67 | 22,939.4 |
SHYAM METALICS AND ENERGY LTD | 14,167.1 | 1.48 | 20,933.5 |
WELSPUN CORP LTD | 15,649.9 | 1.32 | 20,669.2 |
JINDAL SAW LTD | 21,591.9 | 0.90 | 19,373.9 |
Steel & Iron Products Industry Benchmark (Top 10) PS Analysis vs RAMA STEEL TUBES 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.49x |
Max industry PS | 4.67x |
Median industry PS | 1.48x |
Average industry PS | 1.78x |
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