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SAL STEEL
PS (Price/Sales) Ratio

The Current P/S Ratio of SAL STEEL is 0.41.

Share Price ₹24.2Nov 21,2024
Market Cap ₹205.9 Cr
Sales-TTM₹503.2 CrTTM-Standalone Results
Price/Sales0.41xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of SAL STEEL

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 SAL STEEL is calculated as :

Current Market Cap [ ₹205.9 Cr] as on Nov 21,2024

(/) Sales [ ₹503.2 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 0.41x ]

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

Thus, for SAL STEEL , the investors are currently willing to pay '0.41 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 SAL STEEL !

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

Historical PS (Price/Sales) ratio chart of SAL STEEL


PS Ratio Performance Analysis for SAL STEEL

- SAL STEEL 's latest p/e ratio is 0.41x.

- SAL STEEL 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.17x.

- SAL STEEL 's operated at median p/e ratio of 0.17x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SAL STEEL 's p/e ratio peaked in Mar2024 at 0.31x.

- SAL STEEL 's p/e ratio hit its five-year low in Mar2020 of 0.04x.


How does SAL STEEL '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 RatioMarket Cap (Cr)
SAL STEEL 503.20.41205.9
JINDAL STEEL & POWER LTD50,019.41.7888,880.3
LLOYDS METALS & ENERGY LTD7,246.56.6047,826.8
JAI BALAJI INDUSTRIES LTD6,659.52.5516,959.7
STEEL EXCHANGE INDIA LTD1,092.71.111,218.0
SURAJ PRODUCTS LTD334.01.71570.0
KIC METALIKS LTD839.00.18149.1
BIHAR SPONGE IRON LTD312.20.42132.3
VASWANI INDUSTRIES LTD402.60.38152.0

Steel/Sponge Iron/Pig Iron Industry Benchmark (Top 10) PS Analysis vs SAL STEEL 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.18x
Max industry PS 6.60x
Median industry PS 1.11x
Average industry PS 1.68x



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