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Shree Steelwire Ropes (BOM:513488) Median PS Value : ₹13.09 (As of Jun. 05, 2024)


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What is Shree Steelwire Ropes 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. Shree Steelwire Ropes's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ₹28.826. Shree Steelwire Ropes's 10-Year median PS Ratio is 0.4541. Therefore, the Median PS Value for today is ₹13.09.

As of today (2024-06-05), Shree Steelwire Ropes's share price is ₹36.90. Shree Steelwire Ropes's Median PS Value is ₹13.09. Therefore, Shree Steelwire Ropes's Price to Median PS Value for today is 2.82.

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

BOM:513488' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 1.22   Med: 1.37   Max: 3
Current: 2.82

During the past 13 years, the highest Price to Median PS Value of Shree Steelwire Ropes was 3.00. The lowest was 1.22. And the median was 1.37.

BOM:513488's Price-to-Median-PS-Value is ranked worse than
88.7% of 407 companies
in the Steel industry
Industry Median: 1.03 vs BOM:513488: 2.82

Shree Steelwire Ropes Median PS Value Historical Data

The historical data trend for Shree Steelwire Ropes'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.

Shree Steelwire Ropes Median PS Value Chart

Shree Steelwire Ropes 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 - 15.70 17.78 22.81 13.09

Shree Steelwire Ropes 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 22.81 20.24 17.39 14.15 13.09

Competitive Comparison of Shree Steelwire Ropes's Median PS Value

For the Steel subindustry, Shree Steelwire Ropes'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.


Shree Steelwire Ropes's Price-to-Median-PS-Value Distribution in the Steel Industry

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

* The bar in red indicates where Shree Steelwire Ropes's Price-to-Median-PS-Value falls into.



Shree Steelwire Ropes Median PS Value Calculation

Shree Steelwire Ropes's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=28.826*0.4541
=13.09

10-Year Median PS Ratio is 0.4541.
Shree Steelwire Ropes'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 ₹28.826.

* 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.


Shree Steelwire Ropes  (BOM:513488) 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.

Shree Steelwire Ropes's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=36.90/13.09
=2.82

* 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.


Shree Steelwire Ropes Median PS Value Related Terms

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Shree Steelwire Ropes (BOM:513488) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 10, 19th Road, 503, 504, 505, 5th Floor, Shiv Ashish Commercial Complex, Chembur, Mumbai, MH, IND, 400 071
Shree Steelwire Ropes Ltd is an Indian company is engaged in the manufacturing and supply of steel Wire Rope, Wire Rope Allied Products, and Railway OHE products. It is used in general Engineering, Shipping, Fishing, Mining, Oil Well Exploration, Constructions, Aerial Application, Deep Sea Exploration, and other industries. It operates in one single primary business segment which is Steel Wire Ropes Manufacturing.

Shree Steelwire Ropes (BOM:513488) Headlines

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