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Surani Steel TubesNSE:SURANI 59 PS Ratio is 1.73 as of Aug. 11, 2026, which is 621% above its 10-year median of 0.24. GuruFocus rates NSE:SURANI with a GF Score™ of 59/100 and a GF Value™ of ₹69.60 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 611 Steel companies, Surani Steel Tubes ranks worse than 82.49% 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, Surani Steel Tubes's share price is ₹99.20.
Surani Steel Tubes's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹57.46. Hence, Surani Steel Tubes's PS Ratio for today is 1.73.
The historical rank and industry rank for Surani Steel Tubes's PS Ratio or its related term are showing as below:
NSE:SURANI'
s PS Ratio Range Over the Past 10 Years
Min: 0.07 Med: 0.24 Max: 4.63
Current: 1.73
During the past 13 years, Surani Steel Tubes's highest PS Ratio was 4.63. The lowest was 0.07. And the median was 0.24.
NSE:SURANI's PS Ratio is ranked worse than 82.49% of 611
companies
in the Steel industry
Industry Median: 0.59
vs NSE:SURANI: 1.73
Surani Steel Tubes Ltd revenue per share has been in decline for the last 5 years.
During the past 12 months, the average Revenue per Share Growth Rate of Surani Steel Tubes was -66.20% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -25.80% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -9.70% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 1.70% per year.
During the past 13 years, Surani Steel Tubes's highest 3-Year average Revenue per Share Growth Rate was 28.00% per year. The lowest was -25.80% per year. And the median was 5.65% per year.
Surani Steel Tubes (NSE:SURANI) 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.
Surani Steel Tubes PS Ratio Related Terms
Surani Steel Tubes PS Ratio Historical Data
* Premium members only.
The historical data trend for Surani Steel Tubes'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, Surani Steel Tubes'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.
Surani Steel Tubes PS Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Surani Steel Tubes's PS Ratio distribution charts can be found below:
* The bar in red indicates where Surani Steel Tubes'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.
Surani Steel Tubes's Share Price of today is ₹99.20.
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 Mar. 2026 was ₹57.46.
* 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:
Surani Steel Tubes (NSE:SURANI) has a PS Ratio of 1.73 as of Aug. 11, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Surani Steel Tubes and its competitors. This is 621% above median its historical median of 0.24. Over the past decade, Surani Steel Tubes' PS Ratio has ranged from 0.07 to 4.63. According to the industry distribution chart, Surani Steel Tubes ranks #504 out of 611 companies in the Steel industry, placing it in the top 82.5%.
Is Surani Steel Tubes' PS Ratio too high?
Surani Steel Tubes' current PS Ratio of 1.73 is 621% above median its 10-year median of 0.24. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 4.63. The Steel industry median PS Ratio is 0.59. Surani Steel Tubes' value of 1.73 is 193.2% above this industry median. Based on the distribution chart, Surani Steel Tubes ranks #504 out of 611 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Surani Steel Tubes has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Surani Steel Tubes' PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Surani Steel Tubes ranks #504 out of 611 companies for PS Ratio. This places Surani Steel Tubes in the lower half of its industry. The industry median PS Ratio is 0.59. Surani Steel Tubes' value of 1.73 is 193.2% above this benchmark. Historically, Surani Steel Tubes' own PS Ratio has ranged from 0.07 to 4.63 over the past decade. While the company's 10-year median is 0.24 vs. the industry median of 0.59, Surani Steel Tubes 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 611 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. Surani Steel Tubes's current PS Ratio of 1.73 is 193.2% 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 Surani Steel Tubes 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. Surani Steel Tubes's current PS Ratio is 1.73, which is 621% above median its own 10-year median of 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Surani Steel Tubes stock overvalued right now?
Based on GuruFocus' analysis, Surani Steel Tubes (NSE:SURANI) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹69.60, compared to a current price of ₹99.20 — trading 42.5% above its estimated fair value. The current PS Ratio is 1.73, which is 621% above median its 10-year median of 0.24 and 193.2% above the Steel industry median of 0.59. Surani Steel Tubes' overall GF Score™ is 59/100 with 4 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 Surani Steel Tubes (NSE:SURANI), the current PS Ratio is 1.73 as of Aug. 11, 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 Surani Steel Tubes (NSE:SURANI) Overvalued in 2026?
Based on GuruFocus' analysis, Surani Steel Tubes stock appears to be overvalued.
The current stock price of ₹99.20 is trading 42.5% above its estimated GF Value™ of ₹69.60.
GuruFocus considers Surani Steel Tubes to be Significantly Overvalued.
Key valuation signals for NSE:SURANI:
PS Ratio: 1.73 (621% above median its 10-year median of 0.24)
GF Value™: ₹69.60 vs. price of ₹99.20 (42.5% above fair value)
Industry Position: 193.2% above the Steel median (#504 of 611)
No single metric tells the full story. See the NSE:SURANI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 others. Geographically, it operates only in India.
59GF Score
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