Home > PS Ratio > AIRAN

AIRAN
PS (Price/Sales) Ratio

The Current P/S Ratio of AIRAN is 3.11.

Share Price ₹25.2May 08,2024
Market Cap ₹315.1 Cr
Sales-TTM₹101.5 CrTTM-Consolidated Results
Price/Sales3.11xCalculated as Market Cap/Sales
Explore Stock Analytics
COMMUNITY POLL
for AIRAN
Please provide your vote to see the results

Definition & Calculation of PS (Price/Sales) ratio of AIRAN

Price-to-Sales ratio, P/S Multiple, or P/S Ratio is an important valuation multiple that is defined as:

P/S = Market Capitalization / Sales

or, using per-share numbers:

P/S = Stock Price / Sales Per Share

Applying the above formula, P/S ratio of AIRAN is calculated as :

Current Market Cap [ ₹315.1 Cr] as on May 08,2024

(/) Sales [ ₹101.5 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 3.11x ]

P/S Ratio indicates 'the multiple of sales' investors are willing to pay to own one share of the company.

Thus, for AIRAN , the investors are currently willing to pay '3.11 times sales' to own 1 share of the company.

PS Multiples are one of the most widely used valuation multiple in the industry.

P/S ratios can be a reliable benchmark to compare companies with negative earnings or book value.

You may also explore Price to Earnings ratio or Price to Book ratio of AIRAN !

The chart below summarizes the trend in P/S Ratio of AIRAN over the last five years.

Historical PS (Price/Sales) ratio chart of AIRAN


PS Ratio Performance Analysis for AIRAN

- AIRAN 's latest p/e ratio is 3.11x.

- AIRAN 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.44x.

- AIRAN 's operated at median p/e ratio of 2.59x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, AIRAN 's p/e ratio peaked in Mar2019 at 7.85x.

- AIRAN 's p/e ratio hit its five-year low in Mar2023 of 1.79x.


How does AIRAN 's P/S Ratio benchmark against top 10 peers in IT - Software Industry?

Peer Comparison (IT - Software Industry)Sales (Cr)PS RatioMarket Cap (Cr)
AIRAN 101.53.11315.1
TATA CONSULTANCY SERVICES LTD240,893.05.971,437,360.0
INFOSYS LTD153,671.03.86592,568.0
HCL TECHNOLOGIES LTD109,913.03.24356,453.0
WIPRO LTD89,760.32.70241,967.0
LTIMINDTREE LTD35,517.03.93139,585.0
TECH MAHINDRA LTD51,995.52.42125,675.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD6,373.010.4066,310.1
PERSISTENT SYSTEMS LTD9,821.65.3052,020.4
L&T TECHNOLOGY SERVICES LTD9,647.24.9347,596.1
TATA ELXSI LTD3,552.212.4744,297.2

IT - Software Industry Benchmark (Top 10) PS Analysis vs AIRAN 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 2.42x
Max industry PS 12.47x
Median industry PS 3.93x
Average industry PS 5.30x



You may also like the below Video Courses