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TATA STEEL
PS (Price/Sales) Ratio

The Current P/S Ratio of TATA STEEL is 0.89.

Share Price ₹167.3May 17,2024
Market Cap ₹208,786.5 Cr
Sales-TTM₹233,445.0 CrTTM-Consolidated Results
Price/Sales0.89xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of TATA 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 TATA STEEL is calculated as :

Current Market Cap [ ₹208,786.5 Cr] as on May 17,2024

(/) Sales [ ₹233,445.0 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 0.89x ]

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

Thus, for TATA STEEL , the investors are currently willing to pay '0.89 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 TATA STEEL !

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

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


PS Ratio Performance Analysis for TATA STEEL

- TATA STEEL 's latest p/e ratio is 0.89x.

- TATA STEEL 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.48x.

- TATA STEEL 's operated at median p/e ratio of 0.52x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TATA STEEL 's p/e ratio peaked in Mar2022 at 0.65x.

- TATA STEEL 's p/e ratio hit its five-year low in Mar2020 of 0.21x.


How does TATA STEEL '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)
TATA STEEL 233,445.00.89208,786.5
JSW STEEL LTD175,006.01.27221,876.0
JINDAL STAINLESS LTD38,562.51.5158,183.9
STEEL AUTHORITY OF INDIA LTD106,550.00.6568,917.8
APL APOLLO TUBES LTD18,118.82.6047,116.7
MOTHERSON SUMI WIRING INDIA LTD8,313.43.6530,350.9
RATNAMANI METALS & TUBES LTD5,059.14.5022,757.8
SHYAM METALICS AND ENERGY LTD13,169.01.3217,437.4
WELSPUN CORP LTD16,948.60.9415,939.4
JINDAL SAW LTD20,957.10.8417,597.7
MAHARASHTRA SEAMLESS LTD5,822.11.8710,882.1

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

Top 10 Industry PeersPS Ratio
Min industry PS 0.65x
Max industry PS 4.50x
Median industry PS 1.32x
Average industry PS 1.82x



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