GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Baheti Recycling Industries Ltd (NSE:BAHETI) » Definitions » PS Ratio

Baheti Recycling Industries (NSE:BAHETI) PS Ratio : 0.50 (As of May. 16, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Baheti Recycling Industries PS Ratio?

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, Baheti Recycling Industries's share price is ₹231.00. Baheti Recycling Industries's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2023 was ₹463.87. Hence, Baheti Recycling Industries's PS Ratio for today is 0.50.

Warning Sign:

Baheti Recycling Industries Ltd stock PS Ratio (=0.57) is close to 2-year high of 0.57

The historical rank and industry rank for Baheti Recycling Industries's PS Ratio or its related term are showing as below:

NSE:BAHETI' s PS Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.4   Max: 0.57
Current: 0.57

During the past 4 years, Baheti Recycling Industries's highest PS Ratio was 0.57. The lowest was 0.19. And the median was 0.40.

NSE:BAHETI's PS Ratio is ranked better than
78.59% of 738 companies
in the Metals & Mining industry
Industry Median: 1.65 vs NSE:BAHETI: 0.57

Baheti Recycling Industries's Revenue per Sharefor the six months ended in Mar. 2023 was ₹463.87. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2023 was ₹463.87.

During the past 12 months, the average Revenue per Share Growth Rate of Baheti Recycling Industries was 93.60% per year. During the past 3 years, the average Revenue per Share Growth Rate was 65.70% per year.

During the past 4 years, Baheti Recycling Industries's highest 3-Year average Revenue per Share Growth Rate was 65.70% per year. The lowest was 65.70% per year. And the median was 65.70% per year.

Back to Basics: PS Ratio


Baheti Recycling Industries PS Ratio Historical Data

The historical data trend for Baheti Recycling Industries'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.

* Premium members only.

Baheti Recycling Industries PS Ratio Chart

Baheti Recycling Industries Annual Data
Trend Mar20 Mar21 Mar22 Mar23
PS Ratio
- - - 0.19

Baheti Recycling Industries Semi-Annual Data
Mar20 Mar21 Mar22 Mar23
PS Ratio - - - 0.19

Competitive Comparison of Baheti Recycling Industries's PS Ratio

For the Aluminum subindustry, Baheti Recycling Industries'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.


Baheti Recycling Industries's PS Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Baheti Recycling Industries's PS Ratio distribution charts can be found below:

* The bar in red indicates where Baheti Recycling Industries's PS Ratio falls into.



Baheti Recycling Industries 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.

Baheti Recycling Industries's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=231.00/463.87
=0.50

Baheti Recycling Industries's Share Price of today is ₹231.00.
For company reported annually, GuruFocus uses latest annual data as the TTM data. Baheti Recycling Industries's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2023 was ₹463.87.

* 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:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Baheti Recycling Industries  (NSE:BAHETI) 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.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

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.


Baheti Recycling Industries PS Ratio Related Terms

Thank you for viewing the detailed overview of Baheti Recycling Industries's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Baheti Recycling Industries (NSE:BAHETI) Business Description

Traded in Other Exchanges
N/A
Address
A-2/3, L.R. Apartments, Opposite Police Commissioner Office, Shahibaug, Ahmedabad, GJ, IND, 380 004
Baheti Recycling Industries Ltd is an aluminium recycling company, primarily engaged in processing aluminium based metal scrap to manufacture aluminium alloys in the form of ingots and aluminium de-ox alloys in the form of cubes, ingots, shots and notch bar. The company is also engaged in trading of scrap materials such as aluminium scrap, brass scrap, copper scrap, zinc scrap etc. Its products are being used in various industries, which include automobiles, construction, electrical transmission application, food packaging etc.

Baheti Recycling Industries (NSE:BAHETI) Headlines

No Headlines