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

The Current P/S Ratio of ZENITH STEEL PIPES & INDUSTRIES is 0.70.

Share Price ₹7.2Feb 10,2025
Market Cap ₹102.7 Cr
Sales-TTM₹147.5 CrTTM-Consolidated Results
Price/Sales0.70xCalculated 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 [ ₹102.7 Cr] as on Feb 10,2025

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

(=) P/S Ratio [ 0.70x ]

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 '0.70 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 0.70x.

- 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 147.50.70102.7
JSW STEEL LTD170,274.01.38234,629.0
TATA STEEL LTD221,012.00.76167,278.0
JINDAL STAINLESS LTD38,567.91.3552,107.6
STEEL AUTHORITY OF INDIA LTD99,980.20.4343,411.8
APL APOLLO TUBES LTD19,946.71.9639,063.0
MOTHERSON SUMI WIRING INDIA LTD9,043.42.6523,966.8
RATNAMANI METALS & TUBES LTD4,908.03.8618,960.9
SHYAM METALICS AND ENERGY LTD14,604.31.4521,233.6
WELSPUN CORP LTD14,513.71.4120,392.4
JINDAL SAW LTD21,207.50.7415,712.7

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 0.43x
Max industry PS 3.86x
Median industry PS 1.38x
Average industry PS 1.52x



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