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VENUS PIPES & TUBES
PS (Price/Sales) Ratio

The Current P/S Ratio of VENUS PIPES & TUBES is 3.44.

Share Price ₹1,520.0Dec 26,2024
Market Cap ₹3,100.8 Cr
Sales-TTM₹900.3 CrTTM-Standalone Results
Price/Sales3.44xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of VENUS PIPES & TUBES

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 VENUS PIPES & TUBES is calculated as :

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 ]

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

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 latest p/e ratio is 3.44x.

- 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 RatioMarket Cap (Cr)
VENUS PIPES & TUBES 900.33.443,100.8
JSW STEEL LTD170,836.01.31223,637.0
TATA STEEL LTD222,675.00.79175,205.0
JINDAL STAINLESS LTD37,788.11.6060,361.7
STEEL AUTHORITY OF INDIA LTD99,980.20.4948,575.0
APL APOLLO TUBES LTD18,691.72.2241,508.0
MOTHERSON SUMI WIRING INDIA LTD8,860.42.9125,766.2
RATNAMANI METALS & TUBES LTD4,908.04.6923,022.8
SHYAM METALICS AND ENERGY LTD14,167.11.4520,559.5
WELSPUN CORP LTD15,649.91.3420,938.1
JINDAL SAW LTD21,591.90.8818,980.6

Steel & Iron Products Industry Benchmark (Top 10) PS Analysis vs VENUS PIPES & TUBES 's P/S Ratio

Top 10 Industry PeersPS 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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