L&T TECHNOLOGY SERVICES
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The Current P/S Ratio of L&T TECHNOLOGY SERVICES is 5.68.
Share Price | ₹5,181.0 | Apr 25,2024 |
Market Cap | ₹54,814.5 Cr | |
Sales-TTM | ₹9,647.2 Cr | TTM-Consolidated Results |
Price/Sales | 5.68x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of L&T TECHNOLOGY SERVICES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹54,814.5 Cr] as on Apr 25,2024
(/) Sales [ ₹9,647.2 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 5.68x ]
Thus, for L&T TECHNOLOGY SERVICES , the investors are currently willing to pay '5.68 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 L&T TECHNOLOGY SERVICES !
The chart below summarizes the trend in P/S Ratio of L&T TECHNOLOGY SERVICES over the last five years.
Historical PS (Price/Sales) ratio chart of L&T TECHNOLOGY SERVICES
PS Ratio Performance Analysis for L&T TECHNOLOGY SERVICES
- L&T TECHNOLOGY SERVICES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.63x.
- L&T TECHNOLOGY SERVICES 's operated at median p/e ratio of 4.45x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, L&T TECHNOLOGY SERVICES 's p/e ratio peaked in Mar2022 at 8.19x.
- L&T TECHNOLOGY SERVICES 's p/e ratio hit its five-year low in Mar2020 of 2.16x.
How does L&T TECHNOLOGY 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) |
---|---|---|---|
L&T TECHNOLOGY SERVICES | 9,647.2 | 5.68 | 54,814.5 |
TATA CONSULTANCY SERVICES LTD | 240,893.0 | 5.79 | 1,393,630.0 |
INFOSYS LTD | 153,671.0 | 3.89 | 597,061.0 |
HCL TECHNOLOGIES LTD | 108,020.0 | 3.78 | 408,040.0 |
WIPRO LTD | 89,760.3 | 2.68 | 240,892.0 |
LTIMINDTREE LTD | 35,517.0 | 3.87 | 137,315.0 |
TECH MAHINDRA LTD | 51,995.5 | 2.24 | 116,249.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 6,373.0 | 9.71 | 61,875.7 |
PERSISTENT SYSTEMS LTD | 9,821.6 | 5.38 | 52,843.0 |
TATA ELXSI LTD | 3,552.2 | 12.44 | 44,177.4 |
MPHASIS LTD | 13,227.7 | 3.19 | 42,208.5 |
IT - Software Industry Benchmark (Top 10) PS Analysis vs L&T TECHNOLOGY SERVICES 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 2.24x |
Max industry PS | 12.44x |
Median industry PS | 3.89x |
Average industry PS | 5.33x |
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