ZENITH STEEL PIPES & INDUSTRIES
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The Current P/S Ratio of ZENITH STEEL PIPES & INDUSTRIES is 0.70.
Share Price | ₹7.2 | Feb 10,2025 |
Market Cap | ₹102.7 Cr | |
Sales-TTM | ₹147.5 Cr | TTM-Consolidated Results |
Price/Sales | 0.70x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of ZENITH STEEL PIPES & INDUSTRIES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
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 ]
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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
ZENITH STEEL PIPES & INDUSTRIES | 147.5 | 0.70 | 102.7 |
JSW STEEL LTD | 170,274.0 | 1.38 | 234,629.0 |
TATA STEEL LTD | 221,012.0 | 0.76 | 167,278.0 |
JINDAL STAINLESS LTD | 38,567.9 | 1.35 | 52,107.6 |
STEEL AUTHORITY OF INDIA LTD | 99,980.2 | 0.43 | 43,411.8 |
APL APOLLO TUBES LTD | 19,946.7 | 1.96 | 39,063.0 |
MOTHERSON SUMI WIRING INDIA LTD | 9,043.4 | 2.65 | 23,966.8 |
RATNAMANI METALS & TUBES LTD | 4,908.0 | 3.86 | 18,960.9 |
SHYAM METALICS AND ENERGY LTD | 14,604.3 | 1.45 | 21,233.6 |
WELSPUN CORP LTD | 14,513.7 | 1.41 | 20,392.4 |
JINDAL SAW LTD | 21,207.5 | 0.74 | 15,712.7 |
Steel & Iron Products Industry Benchmark (Top 10) PS Analysis vs ZENITH STEEL PIPES & INDUSTRIES 's P/S Ratio
Top 10 Industry Peers | PS 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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