ASIT C MEHTA FINANCIAL SERVICES
|
The Current P/S Ratio of ASIT C MEHTA FINANCIAL SERVICES is 3.18.
Share Price | ₹164.5 | May 28,2024 |
Market Cap | ₹134.9 Cr | |
Sales-TTM | ₹42.4 Cr | TTM-Consolidated Results |
Price/Sales | 3.18x | Calculated as Market Cap/Sales |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of ASIT C MEHTA FINANCIAL SERVICES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹134.9 Cr] as on May 28,2024
(/) Sales [ ₹42.4 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 3.18x ]
Thus, for ASIT C MEHTA FINANCIAL SERVICES , the investors are currently willing to pay '3.18 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 ASIT C MEHTA FINANCIAL SERVICES !
The chart below summarizes the trend in P/S Ratio of ASIT C MEHTA FINANCIAL SERVICES over the last five years.
Historical PS (Price/Sales) ratio chart of ASIT C MEHTA FINANCIAL SERVICES
PS Ratio Performance Analysis for ASIT C MEHTA FINANCIAL SERVICES
- ASIT C MEHTA FINANCIAL SERVICES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.01x.
- ASIT C MEHTA FINANCIAL SERVICES 's operated at median p/e ratio of 0.92x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ASIT C MEHTA FINANCIAL SERVICES 's p/e ratio peaked in Mar2023 at 1.79x.
- ASIT C MEHTA FINANCIAL SERVICES 's p/e ratio hit its five-year low in Mar2019 of 0.41x.
How does ASIT C MEHTA FINANCIAL SERVICES 's P/S Ratio benchmark against top 10 peers in IT - Software Industry?
Peer Comparison (IT - Software Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
ASIT C MEHTA FINANCIAL SERVICES | 42.4 | 3.18 | 134.9 |
TATA CONSULTANCY SERVICES LTD | 240,893.0 | 5.77 | 1,389,350.0 |
INFOSYS LTD | 153,671.0 | 3.96 | 608,751.0 |
HCL TECHNOLOGIES LTD | 109,913.0 | 3.35 | 368,584.0 |
WIPRO LTD | 89,760.3 | 2.66 | 238,422.0 |
LTIMINDTREE LTD | 35,517.0 | 4.07 | 144,658.0 |
TECH MAHINDRA LTD | 51,995.5 | 2.48 | 128,689.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 6,373.0 | 10.28 | 65,511.1 |
PERSISTENT SYSTEMS LTD | 9,821.6 | 5.79 | 56,823.6 |
L&T TECHNOLOGY SERVICES LTD | 9,647.2 | 5.09 | 49,094.7 |
TATA ELXSI LTD | 3,552.2 | 12.83 | 45,568.0 |
IT - Software Industry Benchmark (Top 10) PS Analysis vs ASIT C MEHTA FINANCIAL SERVICES 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 2.48x |
Max industry PS | 12.83x |
Median industry PS | 4.07x |
Average industry PS | 5.40x |
You may also like the below Video Courses