Vulcan SteelASX:VSL +5.21%60 PS Ratio is 0.81 as of Jun. 29, 2026, which is 17% below its 10-year median of 0.98. GuruFocus rates ASX:VSL with a GF Score™ of 60/100 and a GF Value™ of A$6.22 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 612 Steel companies, Vulcan Steel ranks worse than 58.82% on this metric.
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, Vulcan Steel's share price is A$5.25.
Vulcan Steel's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was A$6.44. Hence, Vulcan Steel's PS Ratio for today is 0.81.
Good Sign:
Vulcan Steel Ltd stock PS Ratio (=0.76) is close to 5-year low of 0.7.
The historical rank and industry rank for Vulcan Steel's PS Ratio or its related term are showing as below:
ASX:VSL'
s PS Ratio Range Over the Past 10 Years
Min: 0.7 Med: 0.98 Max: 1.36
Current: 0.81
During the past 4 years, Vulcan Steel's highest PS Ratio was 1.36. The lowest was 0.70. And the median was 0.98.
ASX:VSL's PS Ratio is ranked worse than 58.82% of 612
companies
in the Steel industry
Industry Median: 0.59
vs ASX:VSL: 0.81
Vulcan Steel Ltd revenue per share is in decline over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of Vulcan Steel was -6.00% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -0.10% per year.
During the past 4 years, Vulcan Steel's highest 3-Year average Revenue per Share Growth Rate was -0.10% per year. The lowest was -0.10% per year. And the median was -0.10% per year.
Back to Basics: PS Ratio
Vulcan Steel (ASX:VSL) 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.
Vulcan Steel PS Ratio Related Terms
Vulcan Steel PS Ratio Historical Data
* Premium members only.
The historical data trend for Vulcan Steel's PS Ratio 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.
For the Steel subindustry, Vulcan Steel'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.
Vulcan Steel PS Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Vulcan Steel's PS Ratio distribution charts can be found below:
* The bar in red indicates where Vulcan Steel's PS Ratio falls into.
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.
Vulcan Steel's PS Ratio for today is calculated as
Vulcan Steel's Share Price of today is A$5.25.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Vulcan Steel's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was A$6.44.
* 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:
Vulcan Steel (ASX:VSL) has a PS Ratio of 0.81 as of Jun. 29, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Vulcan Steel and its competitors. This is 17% below median its historical median of 0.98. Over the past decade, Vulcan Steel's PS Ratio has ranged from 0.70 to 1.36. According to the industry distribution chart, Vulcan Steel ranks #360 out of 612 companies in the Steel industry, placing it in the top 58.8%.
Is Vulcan Steel's PS Ratio too high?
Vulcan Steel's current PS Ratio of 0.81 is 17% below median its 10-year median of 0.98. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 1.36. The Steel industry median PS Ratio is 0.59. Vulcan Steel's value of 0.81 is 37.3% above this industry median. Based on the distribution chart, Vulcan Steel ranks #360 out of 612 companies in the Steel industry, which is below the industry midpoint. Overall, Vulcan Steel has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vulcan Steel's PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Vulcan Steel ranks #360 out of 612 companies for PS Ratio. This places Vulcan Steel in the lower half of its industry. The industry median PS Ratio is 0.59. Vulcan Steel's value of 0.81 is 37.3% above this benchmark. Historically, Vulcan Steel's own PS Ratio has ranged from 0.70 to 1.36 over the past decade. While the company's 10-year median is 0.98 vs. the industry median of 0.59, Vulcan Steel has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PS Ratio for a Steel company?
The median PS Ratio among Steel companies is 0.59, based on 612 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vulcan Steel's current PS Ratio of 0.81 is 37.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Vulcan Steel and its competitors. For the Steel industry, the median PS Ratio is 0.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vulcan Steel's current PS Ratio is 0.81, which is 17% below median its own 10-year median of 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vulcan Steel stock overvalued right now?
Based on GuruFocus' analysis, Vulcan Steel (ASX:VSL) is currently considered Modestly Undervalued. The stock's GF Value™ is A$6.22, compared to a current price of A$5.25 — trading 15.6% below its estimated fair value. The current PS Ratio is 0.81, which is 17% below median its 10-year median of 0.98 and 37.3% above the Steel industry median of 0.59. Vulcan Steel's overall GF Score™ is 60/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Vulcan Steel (ASX:VSL), the current PS Ratio is 0.81 as of Jun. 29, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Vulcan Steel (ASX:VSL) Overvalued in 2026?
Based on GuruFocus' analysis, Vulcan Steel stock appears to be undervalued.
The current stock price of A$5.25 is trading 15.6% below its estimated GF Value™ of A$6.22.
GuruFocus considers Vulcan Steel to be Modestly Undervalued.
Key valuation signals for ASX:VSL:
PS Ratio: 0.81 (17% below median its 10-year median of 0.98)
GF Value™: A$6.22 vs. price of A$5.25 (15.6% below fair value)
Industry Position: 37.3% above the Steel median (#360 of 612)
No single metric tells the full story. See the ASX:VSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vulcan Steel Ltd is a metals distributor and processor. Its products include Steel, Stainless Steel, Engineering steel, Plate processing, and Coil processing. The company has two operating segments namely, the Steel business across New Zealand and Australia which includes Steel distribution, Plate processing, and Coil processing; and Metals business across New Zealand, which includes Stainless Steel, Engineering Steel, and Aluminium.
60GF Score
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