DEV INFORMATION TECHNOLOGY
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The Current P/S Ratio of DEV INFORMATION TECHNOLOGY is 1.64.
Share Price | ₹120.1 | Apr 16,2024 |
Market Cap | ₹270.2 Cr | |
Sales-TTM | ₹164.4 Cr | TTM-Consolidated Results |
Price/Sales | 1.64x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of DEV INFORMATION TECHNOLOGY
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹270.2 Cr] as on Apr 16,2024
(/) Sales [ ₹164.4 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 1.64x ]
Thus, for DEV INFORMATION TECHNOLOGY , the investors are currently willing to pay '1.64 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 DEV INFORMATION TECHNOLOGY !
The chart below summarizes the trend in P/S Ratio of DEV INFORMATION TECHNOLOGY over the last five years.
Historical PS (Price/Sales) ratio chart of DEV INFORMATION TECHNOLOGY
PS Ratio Performance Analysis for DEV INFORMATION TECHNOLOGY
- DEV INFORMATION TECHNOLOGY 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.02x.
- DEV INFORMATION TECHNOLOGY 's operated at median p/e ratio of 0.73x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, DEV INFORMATION TECHNOLOGY 's p/e ratio peaked in Mar2023 at 1.7x.
- DEV INFORMATION TECHNOLOGY 's p/e ratio hit its five-year low in Mar2020 of 0.53x.
How does DEV INFORMATION TECHNOLOGY '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) |
---|---|---|---|
DEV INFORMATION TECHNOLOGY | 164.4 | 1.64 | 270.2 |
TATA CONSULTANCY SERVICES LTD | 240,893.0 | 5.82 | 1,401,030.0 |
INFOSYS LTD | 153,189.0 | 3.83 | 587,244.0 |
HCL TECHNOLOGIES LTD | 108,020.0 | 3.71 | 400,618.0 |
WIPRO LTD | 90,742.3 | 2.58 | 234,405.0 |
LTIMINDTREE LTD | 35,315.1 | 3.91 | 138,108.0 |
TECH MAHINDRA LTD | 52,842.4 | 2.21 | 116,820.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 6,201.1 | 10.98 | 68,102.7 |
PERSISTENT SYSTEMS LTD | 9,485.5 | 6.27 | 59,438.6 |
L&T TECHNOLOGY SERVICES LTD | 9,205.9 | 6.11 | 56,234.1 |
TATA ELXSI LTD | 3,484.1 | 13.46 | 46,886.1 |
IT - Software Industry Benchmark (Top 10) PS Analysis vs DEV INFORMATION TECHNOLOGY 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 1.64x |
Max industry PS | 13.46x |
Median industry PS | 3.91x |
Average industry PS | 5.50x |
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