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L&T TECHNOLOGY SERVICES
PS (Price/Sales) Ratio

The Current P/S Ratio of L&T TECHNOLOGY SERVICES is 5.68.

Share Price ₹5,181.0Apr 25,2024
Market Cap ₹54,814.5 Cr
Sales-TTM₹9,647.2 CrTTM-Consolidated Results
Price/Sales5.68xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of L&T TECHNOLOGY SERVICES

Price-to-Sales ratio, P/S Multiple, or P/S Ratio is an important valuation multiple that is defined as:

P/S = Market Capitalization / Sales

or, using per-share numbers:

P/S = Stock Price / Sales Per Share

Applying the above formula, P/S ratio of L&T TECHNOLOGY SERVICES is calculated as :

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 ]

P/S Ratio indicates 'the multiple of sales' investors are willing to pay to own one share of the company.

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 latest p/e ratio is 5.68x.

- 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 RatioMarket Cap (Cr)
L&T TECHNOLOGY SERVICES 9,647.25.6854,814.5
TATA CONSULTANCY SERVICES LTD240,893.05.791,393,630.0
INFOSYS LTD153,671.03.89597,061.0
HCL TECHNOLOGIES LTD108,020.03.78408,040.0
WIPRO LTD89,760.32.68240,892.0
LTIMINDTREE LTD35,517.03.87137,315.0
TECH MAHINDRA LTD51,995.52.24116,249.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD6,373.09.7161,875.7
PERSISTENT SYSTEMS LTD9,821.65.3852,843.0
TATA ELXSI LTD3,552.212.4444,177.4
MPHASIS LTD13,227.73.1942,208.5

IT - Software Industry Benchmark (Top 10) PS Analysis vs L&T TECHNOLOGY SERVICES 's P/S Ratio

Top 10 Industry PeersPS 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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