SCAN STEELS
|
The Current P/S Ratio of SCAN STEELS is 0.30.
Share Price | ₹44.0 | Nov 22,2024 |
Market Cap | ₹257.9 Cr | |
Sales-TTM | ₹850.0 Cr | TTM-Standalone Results |
Price/Sales | 0.30x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of SCAN STEELS
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹257.9 Cr] as on Nov 22,2024
(/) Sales [ ₹850.0 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 0.30x ]
Thus, for SCAN STEELS , the investors are currently willing to pay '0.30 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 SCAN STEELS !
The chart below summarizes the trend in P/S Ratio of SCAN STEELS over the last five years.
Historical PS (Price/Sales) ratio chart of SCAN STEELS
PS Ratio Performance Analysis for SCAN STEELS
- SCAN STEELS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.18x.
- SCAN STEELS 's operated at median p/e ratio of 0.13x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SCAN STEELS 's p/e ratio peaked in Mar2024 at 0.34x.
- SCAN STEELS 's p/e ratio hit its five-year low in Mar2023 of 0.13x.
How does SCAN STEELS '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) |
---|---|---|---|
SCAN STEELS | 850.0 | 0.30 | 257.9 |
JSW STEEL LTD | 170,836.0 | 1.40 | 238,872.0 |
TATA STEEL LTD | 222,675.0 | 0.80 | 178,264.0 |
JINDAL STAINLESS LTD | 37,788.1 | 1.46 | 55,314.2 |
STEEL AUTHORITY OF INDIA LTD | 99,980.2 | 0.47 | 46,551.0 |
APL APOLLO TUBES LTD | 18,691.7 | 2.11 | 39,389.1 |
MOTHERSON SUMI WIRING INDIA LTD | 8,860.4 | 3.09 | 27,335.7 |
RATNAMANI METALS & TUBES LTD | 4,908.0 | 4.95 | 24,299.1 |
SHYAM METALICS AND ENERGY LTD | 14,167.1 | 1.60 | 22,689.2 |
WELSPUN CORP LTD | 15,649.9 | 1.17 | 18,372.3 |
JINDAL SAW LTD | 21,591.9 | 0.88 | 18,974.2 |
Steel & Iron Products Industry Benchmark (Top 10) PS Analysis vs SCAN STEELS 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.30x |
Max industry PS | 4.95x |
Median industry PS | 1.40x |
Average industry PS | 1.66x |
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