AVANCE TECHNOLOGIES
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The Current P/S Ratio of AVANCE TECHNOLOGIES is 8.60.
Share Price | ₹1.0 | May 17,2024 |
Market Cap | ₹196.2 Cr | |
Sales-TTM | ₹22.8 Cr | TTM-Standalone Results |
Price/Sales | 8.60x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of AVANCE TECHNOLOGIES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹196.2 Cr] as on May 17,2024
(/) Sales [ ₹22.8 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 8.60x ]
Thus, for AVANCE TECHNOLOGIES , the investors are currently willing to pay '8.60 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 AVANCE TECHNOLOGIES !
The chart below summarizes the trend in P/S Ratio of AVANCE TECHNOLOGIES over the last five years.
Historical PS (Price/Sales) ratio chart of AVANCE TECHNOLOGIES
PS Ratio Performance Analysis for AVANCE TECHNOLOGIES
- AVANCE TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.82x.
- AVANCE TECHNOLOGIES 's operated at median p/e ratio of 0.44x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, AVANCE TECHNOLOGIES 's p/e ratio peaked in Mar2020 at 12.57x.
- AVANCE TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2022 of 0x.
How does AVANCE TECHNOLOGIES '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) |
---|---|---|---|
AVANCE TECHNOLOGIES | 22.8 | 8.60 | 196.2 |
TATA CONSULTANCY SERVICES LTD | 240,893.0 | 5.76 | 1,387,160.0 |
INFOSYS LTD | 153,671.0 | 3.90 | 599,501.0 |
HCL TECHNOLOGIES LTD | 109,913.0 | 3.29 | 361,718.0 |
WIPRO LTD | 89,760.3 | 2.69 | 241,040.0 |
LTIMINDTREE LTD | 35,517.0 | 3.97 | 141,137.0 |
TECH MAHINDRA LTD | 51,995.5 | 2.45 | 127,469.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 6,373.0 | 10.59 | 67,474.2 |
PERSISTENT SYSTEMS LTD | 9,821.6 | 5.55 | 54,501.4 |
L&T TECHNOLOGY SERVICES LTD | 9,647.2 | 4.88 | 47,123.4 |
TATA ELXSI LTD | 3,552.2 | 12.90 | 45,831.4 |
IT - Software Industry Benchmark (Top 10) PS Analysis vs AVANCE TECHNOLOGIES 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 2.45x |
Max industry PS | 12.90x |
Median industry PS | 4.88x |
Average industry PS | 5.87x |
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