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Jindal Stainless (BOM:532508) Median PS Value : ₹0.00 (As of Jun. 04, 2024)


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What is Jindal Stainless 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. Jindal Stainless's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ₹468.178. Jindal Stainless's 10-Year median PS Ratio is 0. Therefore, the Median PS Value for today is ₹0.00.

As of today (2024-06-04), Jindal Stainless's share price is ₹802.80. Jindal Stainless's Median PS Value is ₹0.00. Therefore, Jindal Stainless's Price to Median PS Value for today is 0.00.

The historical rank and industry rank for Jindal Stainless's Median PS Value or its related term are showing as below:

BOM:532508's Price-to-Median-PS-Value is not ranked *
in the Steel industry.
Industry Median: 1.035
* Ranked among companies with meaningful Price-to-Median-PS-Value only.

Jindal Stainless Median PS Value Historical Data

The historical data trend for Jindal Stainless'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.

Jindal Stainless Median PS Value Chart

Jindal Stainless Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Median PS Value
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Jindal Stainless Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Jindal Stainless's Median PS Value

For the Steel subindustry, Jindal Stainless'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.


Jindal Stainless's Price-to-Median-PS-Value Distribution in the Steel Industry

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

* The bar in red indicates where Jindal Stainless's Price-to-Median-PS-Value falls into.



Jindal Stainless Median PS Value Calculation

Jindal Stainless's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=468.178*0
=0.00

10-Year Median PS Ratio is 0.
Jindal Stainless'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 ₹468.178.

* 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.


Jindal Stainless  (BOM:532508) 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.

Jindal Stainless's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=802.80/0.00
=

* 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.


Jindal Stainless Median PS Value Related Terms

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Jindal Stainless (BOM:532508) Business Description

Traded in Other Exchanges
Address
Jindal Centre, 12, Bhikaiji Cama Place, New Delhi, IND, 110066
Jindal Stainless Ltd is an India-based stainless steel manufacturing company. It offers products such as ferroalloys, stainless steel slabs, and blooms, hot rolled and cold rolled coils, plates, razor blade steel, precision strips, and coin blanks. The firm has a distribution network through its service centers and warehouses in both the Indian and overseas markets. Jindal derives most of the revenue from the sale of steel products.

Jindal Stainless (BOM:532508) Headlines

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