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LTIMINDTREE
PS (Price/Sales) Ratio

The Current P/S Ratio of LTIMINDTREE is 3.91.

Share Price ₹4,663.3Apr 16,2024
Market Cap ₹138,125.5 Cr
Sales-TTM₹35,315.1 CrTTM-Consolidated Results
Price/Sales3.91xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of LTIMINDTREE

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 LTIMINDTREE is calculated as :

Current Market Cap [ ₹138,125.5 Cr] as on Apr 16,2024

(/) Sales [ ₹35,315.1 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 3.91x ]

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

Thus, for LTIMINDTREE , the investors are currently willing to pay '3.91 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 LTIMINDTREE !

The chart below summarizes the trend in P/S Ratio of LTIMINDTREE over the last five years.

Historical PS (Price/Sales) ratio chart of LTIMINDTREE


PS Ratio Performance Analysis for LTIMINDTREE

- LTIMINDTREE 's latest p/e ratio is 3.91x.

- LTIMINDTREE 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.90x.

- LTIMINDTREE 's operated at median p/e ratio of 4.15x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, LTIMINDTREE 's p/e ratio peaked in Mar2021 at 5.73x.

- LTIMINDTREE 's p/e ratio hit its five-year low in Mar2020 of 2.29x.


How does LTIMINDTREE 's P/S Ratio benchmark against top 10 peers in IT - Software Industry?

Peer Comparison (IT - Software Industry)Sales (Cr)PS RatioMarket Cap (Cr)
LTIMINDTREE 35,315.13.91138,125.5
TATA CONSULTANCY SERVICES LTD240,893.05.821,401,030.0
INFOSYS LTD153,189.03.83587,244.0
HCL TECHNOLOGIES LTD108,020.03.71400,618.0
WIPRO LTD90,742.32.58234,405.0
TECH MAHINDRA LTD52,842.42.21116,820.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD6,201.110.9868,102.7
PERSISTENT SYSTEMS LTD9,485.56.2759,438.6
L&T TECHNOLOGY SERVICES LTD9,205.96.1156,234.1
TATA ELXSI LTD3,484.113.4646,886.1
MPHASIS LTD13,227.73.3043,630.8

IT - Software Industry Benchmark (Top 10) PS Analysis vs LTIMINDTREE 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 2.21x
Max industry PS 13.46x
Median industry PS 3.91x
Average industry PS 5.65x



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