VENUS PIPES & TUBES
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The Current P/S Ratio of VENUS PIPES & TUBES is 3.44.
Share Price | ₹1,520.0 | Dec 26,2024 |
Market Cap | ₹3,100.8 Cr | |
Sales-TTM | ₹900.3 Cr | TTM-Standalone Results |
Price/Sales | 3.44x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of VENUS PIPES & TUBES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹3,100.8 Cr] as on Dec 26,2024
(/) Sales [ ₹900.3 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 3.44x ]
Thus, for VENUS PIPES & TUBES , the investors are currently willing to pay '3.44 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 VENUS PIPES & TUBES !
The chart below summarizes the trend in P/S Ratio of VENUS PIPES & TUBES over the last five years.
Historical PS (Price/Sales) ratio chart of VENUS PIPES & TUBES
PS Ratio Performance Analysis for VENUS PIPES & TUBES
- VENUS PIPES & TUBES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.50x.
- VENUS PIPES & TUBES 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, VENUS PIPES & TUBES 's p/e ratio peaked in Mar2024 at 4.77x.
- VENUS PIPES & TUBES 's p/e ratio hit its five-year low in Mar2022 of 0x.
How does VENUS PIPES & 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) |
---|---|---|---|
VENUS PIPES & TUBES | 900.3 | 3.44 | 3,100.8 |
JSW STEEL LTD | 170,836.0 | 1.31 | 223,637.0 |
TATA STEEL LTD | 222,675.0 | 0.79 | 175,205.0 |
JINDAL STAINLESS LTD | 37,788.1 | 1.60 | 60,361.7 |
STEEL AUTHORITY OF INDIA LTD | 99,980.2 | 0.49 | 48,575.0 |
APL APOLLO TUBES LTD | 18,691.7 | 2.22 | 41,508.0 |
MOTHERSON SUMI WIRING INDIA LTD | 8,860.4 | 2.91 | 25,766.2 |
RATNAMANI METALS & TUBES LTD | 4,908.0 | 4.69 | 23,022.8 |
SHYAM METALICS AND ENERGY LTD | 14,167.1 | 1.45 | 20,559.5 |
WELSPUN CORP LTD | 15,649.9 | 1.34 | 20,938.1 |
JINDAL SAW LTD | 21,591.9 | 0.88 | 18,980.6 |
Steel & Iron Products Industry Benchmark (Top 10) PS Analysis vs VENUS PIPES & TUBES 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.49x |
Max industry PS | 4.69x |
Median industry PS | 1.45x |
Average industry PS | 1.92x |
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