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ZENITH STEEL PIPES & INDUSTRIES
PS (Price/Sales) Ratio

The Current P/S Ratio of ZENITH STEEL PIPES & INDUSTRIES is 0.73.

Share Price ₹7.6Feb 07,2025
Market Cap ₹108.0 Cr
Sales-TTM₹147.5 CrTTM-Consolidated Results
Price/Sales0.73xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of ZENITH STEEL PIPES & INDUSTRIES

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 ZENITH STEEL PIPES & INDUSTRIES is calculated as :

Current Market Cap [ ₹108.0 Cr] as on Feb 07,2025

(/) Sales [ ₹147.5 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 0.73x ]

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

Thus, for ZENITH STEEL PIPES & INDUSTRIES , the investors are currently willing to pay '0.73 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 ZENITH STEEL PIPES & INDUSTRIES !

The chart below summarizes the trend in P/S Ratio of ZENITH STEEL PIPES & INDUSTRIES over the last five years.

Historical PS (Price/Sales) ratio chart of ZENITH STEEL PIPES & INDUSTRIES


PS Ratio Performance Analysis for ZENITH STEEL PIPES & INDUSTRIES

- ZENITH STEEL PIPES & INDUSTRIES 's latest p/e ratio is 0.73x.

- ZENITH STEEL PIPES & INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.28x.

- ZENITH STEEL PIPES & INDUSTRIES 's operated at median p/e ratio of 0.21x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ZENITH STEEL PIPES & INDUSTRIES 's p/e ratio peaked in Mar2024 at 0.75x.

- ZENITH STEEL PIPES & INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 0.06x.


How does ZENITH STEEL PIPES & INDUSTRIES '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)
ZENITH STEEL PIPES & INDUSTRIES 147.50.73108.0
JSW STEEL LTD170,274.01.41240,180.0
TATA STEEL LTD221,012.00.78172,646.0
JINDAL STAINLESS LTD38,567.91.3752,861.3
STEEL AUTHORITY OF INDIA LTD99,980.20.4645,539.0
APL APOLLO TUBES LTD19,946.71.9939,637.4
MOTHERSON SUMI WIRING INDIA LTD9,043.42.7124,466.4
RATNAMANI METALS & TUBES LTD4,908.03.9719,465.2
SHYAM METALICS AND ENERGY LTD14,604.31.4921,829.5
WELSPUN CORP LTD14,513.71.4521,041.7
JINDAL SAW LTD21,207.50.7716,275.5

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

Top 10 Industry PeersPS Ratio
Min industry PS 0.46x
Max industry PS 3.97x
Median industry PS 1.41x
Average industry PS 1.56x



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