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Steel Strips Wheels (BOM:513262) Median PS Value : ₹185.54 (As of May. 15, 2024)


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What is Steel Strips Wheels 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. Steel Strips Wheels's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was ₹273.503. Steel Strips Wheels's 10-Year median PS Ratio is 0.6784. Therefore, the Median PS Value for today is ₹185.54.

As of today (2024-05-15), Steel Strips Wheels's share price is ₹211.60. Steel Strips Wheels's Median PS Value is ₹185.54. Therefore, Steel Strips Wheels's Price to Median PS Value for today is 1.15.

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

BOM:513262' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.89   Med: 1.09   Max: 1.58
Current: 1.15

During the past 13 years, the highest Price to Median PS Value of Steel Strips Wheels was 1.58. The lowest was 0.89. And the median was 1.09.

BOM:513262's Price-to-Median-PS-Value is ranked worse than
67.85% of 762 companies
in the Vehicles & Parts industry
Industry Median: 0.895 vs BOM:513262: 1.15

Steel Strips Wheels Median PS Value Historical Data

The historical data trend for Steel Strips Wheels'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.

Steel Strips Wheels Median PS Value Chart

Steel Strips Wheels Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 165.56

Steel Strips Wheels Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 168.07 165.56 169.63 175.30 185.54

Competitive Comparison of Steel Strips Wheels's Median PS Value

For the Auto Parts subindustry, Steel Strips Wheels'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.


Steel Strips Wheels's Price-to-Median-PS-Value Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Steel Strips Wheels's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Steel Strips Wheels's Price-to-Median-PS-Value falls into.



Steel Strips Wheels Median PS Value Calculation

Steel Strips Wheels's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=273.503*0.6784
=185.54

10-Year Median PS Ratio is 0.6784.
Steel Strips Wheels'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 ₹273.503.

* 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.


Steel Strips Wheels  (BOM:513262) 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.

Steel Strips Wheels's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=211.60/185.54
=1.14

* 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.


Steel Strips Wheels Median PS Value Related Terms

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Steel Strips Wheels (BOM:513262) Business Description

Traded in Other Exchanges
Address
Madhya Marg, SCO 49-50, Sector 26, Chandigarh, IND, 160 019
Steel Strips Wheels Ltd is an India-based automotive steel wheels manufacturing company. It is engaged in the designing and manufacturing business of Steel wheel rims and Alloy wheel rims catering to different segments of the automobile industry. The company operates in India and has a presence in international markets as well. The group generates the majority of its revenue from India.

Steel Strips Wheels (BOM:513262) Headlines

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