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Surani Steel Tubes (NSE:SURANI) Median PS Value : ₹25.17 (As of Dec. 12, 2024)


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What is Surani Steel Tubes 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. Surani Steel Tubes's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was ₹178.274. Surani Steel Tubes's 10-Year median PS Ratio is 0.1412. Therefore, the Median PS Value for today is ₹25.17.

As of today (2024-12-12), Surani Steel Tubes's share price is ₹208.00. Surani Steel Tubes's Median PS Value is ₹25.17. Therefore, Surani Steel Tubes's Price to Median PS Value for today is 8.26.

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

NSE:SURANI' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 8.25   Med: 17.03   Max: 17.03
Current: 8.26

During the past 11 years, the highest Price to Median PS Value of Surani Steel Tubes was 17.03. The lowest was 8.25. And the median was 17.03.

NSE:SURANI's Price-to-Median-PS-Value is ranked worse than
98.06% of 413 companies
in the Steel industry
Industry Median: 1.03 vs NSE:SURANI: 8.26

Surani Steel Tubes Median PS Value Historical Data

The historical data trend for Surani Steel Tubes'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.

Surani Steel Tubes Median PS Value Chart

Surani Steel Tubes 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 - - - - 25.17

Surani Steel Tubes Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 - - - 25.17 -

Competitive Comparison of Surani Steel Tubes's Median PS Value

For the Steel subindustry, Surani Steel Tubes'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.


Surani Steel Tubes's Price-to-Median-PS-Value Distribution in the Steel Industry

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

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



Surani Steel Tubes Median PS Value Calculation

Surani Steel Tubes's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=178.274*0.1412
=25.17

10-Year Median PS Ratio is 0.1412.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Surani Steel Tubes's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was ₹178.274.

* 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.


Surani Steel Tubes  (NSE:SURANI) 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.

Surani Steel Tubes's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=208.00/25.17
=8.26

* 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.


Surani Steel Tubes Median PS Value Related Terms

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Surani Steel Tubes Business Description

Traded in Other Exchanges
N/A
Address
Bayad Road, Sr. No. 110,115, Opposite Vinayak TMT, Village Sampa, Taluka Dahegam, Gandhinagar, GJ, IND, 382315
Surani Steel Tubes Ltd is engaged in manufacturing and supplying ERW pipes and steel tubes. The company operates a single segment named manufacturing ERW MS PIPES and trading of MS PIPE. The company's products include ERW Round Pipes and Tubes, Square and Rectangle Hollow Sections, MS Slit Coils and Strips, Hot Roll Coils, and Brochures. Geographically, it operates only in India.

Surani Steel Tubes Headlines

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