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Ashirwad Steels & Industries (BOM:526847) Median PS Value : ₹8.62 (As of May. 25, 2024)


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What is Ashirwad Steels & Industries Median PS Value?

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Ashirwad Steels & Industries's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ₹1.255. Ashirwad Steels & Industries's 10-Year median PS Ratio is 6.8685. Therefore, the Median PS Value for today is ₹8.62.

As of today (2024-05-25), Ashirwad Steels & Industries's share price is ₹54.22. Ashirwad Steels & Industries's Median PS Value is ₹8.62. Therefore, Ashirwad Steels & Industries's Price to Median PS Value for today is 6.29.

The historical rank and industry rank for Ashirwad Steels & Industries's Median PS Value or its related term are showing as below:

BOM:526847' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 3.2   Med: 4.48   Max: 6.29
Current: 6.29

During the past 13 years, the highest Price to Median PS Value of Ashirwad Steels & Industries was 6.29. The lowest was 3.20. And the median was 4.48.

BOM:526847's Price-to-Median-PS-Value is ranked worse than
95.82% of 407 companies
in the Steel industry
Industry Median: 1.04 vs BOM:526847: 6.29

Ashirwad Steels & Industries Median PS Value Historical Data

The historical data trend for Ashirwad Steels & Industries's Median PS Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ashirwad Steels & Industries Median PS Value Chart

Ashirwad Steels & Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 3.00 5.87 8.62

Ashirwad Steels & Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Median PS Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.87 8.55 10.09 12.52 8.62

Competitive Comparison of Ashirwad Steels & Industries's Median PS Value

For the Steel subindustry, Ashirwad Steels & Industries's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ashirwad Steels & Industries's Price-to-Median-PS-Value Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Ashirwad Steels & Industries's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Ashirwad Steels & Industries's Price-to-Median-PS-Value falls into.



Ashirwad Steels & Industries Median PS Value Calculation

Ashirwad Steels & Industries's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=1.255*6.8685
=8.62

10-Year Median PS Ratio is 6.8685.
Ashirwad Steels & Industries's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹1.255.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ashirwad Steels & Industries  (BOM:526847) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

Ashirwad Steels & Industries's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=54.22/8.62
=6.29

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ashirwad Steels & Industries Median PS Value Related Terms

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Ashirwad Steels & Industries (BOM:526847) Business Description

Traded in Other Exchanges
N/A
Address
6, Waterloo Street, 5th Floor, Suite No. 506, Kolkata, WB, IND, 700069
Ashirwad Steels & Industries Ltd is an Indian based company that operates in the sponge iron business. It is involved in the manufacturing of sponge iron using iron-ore and coal as the raw materials. The sponge iron is used as input by the steel melting shops to produce ingots and billets which are thereafter re-rolled by the rolling mills to produce end steel products like Rods, Bars, Plain Rounds, Angles, Flats, Channels, Girders and others. Geographically, the business activity is carried out through the region of India and derives revenue through the sale of products.

Ashirwad Steels & Industries (BOM:526847) Headlines

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