The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Steel Authority Of India's share price is ₹164.20.
Steel Authority Of India's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was ₹257.51. Hence, Steel Authority Of India's PS Ratio for today is 0.64.
Warning Sign:
Steel Authority Of India Ltd stock PS Ratio (=0.65) is close to 2-year high of 0.65
The historical rank and industry rank for Steel Authority Of India's PS Ratio or its related term are showing as below:
NSE:SAIL'
s PS Ratio Range Over the Past 10 Years
Min: 0.14 Med: 0.35 Max: 2.08
Current: 0.65
During the past 13 years, Steel Authority Of India's highest PS Ratio was 2.08. The lowest was 0.14. And the median was 0.35.
NSE:SAIL's PS Ratio is ranked worse than 54.02% of 609
companies
in the Steel industry
Industry Median: 0.53
vs NSE:SAIL: 0.65
Steel Authority Of India Ltd revenue growth has slowed down over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of Steel Authority Of India was 0.20% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 19.70% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 13.70% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 9.70% per year.
During the past 13 years, Steel Authority Of India's highest 3-Year average Revenue per Share Growth Rate was 20.10% per year. The lowest was -4.60% per year. And the median was 8.20% per year.
* 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.
Competitive Comparison of Steel Authority Of India's PS Ratio
For the Steel subindustry, Steel Authority Of India's PS Ratio, along with its competitors' market caps and PS Ratio 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.
Steel Authority Of India's PS Ratio Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Steel Authority Of India's PS Ratio distribution charts can be found below:
* The bar in red indicates where Steel Authority Of India's PS Ratio falls into.
Steel Authority Of India PS Ratio Calculation
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Steel Authority Of India's Share Price of today is ₹164.20. Steel Authority Of India's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹257.51.
* 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.
It can also be calculated from the numbers for the whole company:
Steel Authority Of India (NSE:SAIL) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Steel Authority Of India PS Ratio Related Terms
Thank you for viewing the detailed overview of Steel Authority Of India's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Steel Authority Of India (NSE:SAIL) Business Description
Steel Authority Of India Ltd is a steelmaker. The company primarily produces flat steel products (including plates, sheets, coils, and galvanized plain), long steel products (rails, structural, wire rods, and merchant products), electric-resistance-welded pipes, and silicon steel sheets. Flat and long products account for the majority of the company's sales. The company runs five integrated steel plants and three alloy steel plants. It generates most of its revenue from the Indian domestic market.
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