IRIS BUSINESS SERVICES
|
The Current P/S Ratio of IRIS BUSINESS SERVICES is 2.92.
Share Price | ₹139.4 | Apr 26,2024 |
Market Cap | ₹270.4 Cr | |
Sales-TTM | ₹92.5 Cr | TTM-Consolidated Results |
Price/Sales | 2.92x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of IRIS BUSINESS SERVICES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹270.4 Cr] as on Apr 26,2024
(/) Sales [ ₹92.5 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 2.92x ]
Thus, for IRIS BUSINESS SERVICES , the investors are currently willing to pay '2.92 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 IRIS BUSINESS SERVICES !
The chart below summarizes the trend in P/S Ratio of IRIS BUSINESS SERVICES over the last five years.
Historical PS (Price/Sales) ratio chart of IRIS BUSINESS SERVICES
PS Ratio Performance Analysis for IRIS BUSINESS SERVICES
- IRIS BUSINESS SERVICES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.75x.
- IRIS BUSINESS SERVICES 's operated at median p/e ratio of 1.76x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, IRIS BUSINESS SERVICES 's p/e ratio peaked in Mar2022 at 3.16x.
- IRIS BUSINESS SERVICES 's p/e ratio hit its five-year low in Mar2020 of 0.66x.
How does IRIS BUSINESS SERVICES 's P/S Ratio benchmark against top 10 peers in BPO/ITeS Industry?
Peer Comparison (BPO/ITeS Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
IRIS BUSINESS SERVICES | 92.5 | 2.92 | 270.4 |
INFO EDGE (INDIA) LTD | 2,483.7 | 30.72 | 76,288.1 |
AFFLE (INDIA) LTD | 1,692.4 | 9.15 | 15,493.8 |
FIRSTSOURCE SOLUTIONS LTD | 6,222.6 | 2.46 | 15,327.1 |
ECLERX SERVICES LTD | 2,852.1 | 4.18 | 11,919.0 |
QUESS CORP LTD | 18,630.6 | 0.51 | 9,483.1 |
EMUDHRA LTD | 350.2 | 17.49 | 6,126.8 |
CMS INFO SYSTEMS LTD | 2,139.0 | 3.07 | 6,574.0 |
PROTEAN EGOV TECHNOLOGIES LTD | 793.0 | 6.34 | 5,029.8 |
HINDUJA GLOBAL SOLUTIONS LTD | 4,586.8 | 0.88 | 4,035.2 |
VAKRANGEE LTD | 209.6 | 12.93 | 2,710.5 |
BPO/ITeS Industry Benchmark (Top 10) PS Analysis vs IRIS BUSINESS SERVICES 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.51x |
Max industry PS | 30.72x |
Median industry PS | 4.18x |
Average industry PS | 8.24x |
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