Home > PS Ratio > MAHANAGAR TELEPHONE NIGAM

MAHANAGAR TELEPHONE NIGAM
PS (Price/Sales) Ratio

The Current P/S Ratio of MAHANAGAR TELEPHONE NIGAM is 2.96.

Share Price ₹38.0Apr 23,2024
Market Cap ₹2,392.7 Cr
Sales-TTM₹808.7 CrTTM-Consolidated Results
Price/Sales2.96xCalculated as Market Cap/Sales
Explore Stock Analytics
COMMUNITY POLL
for MAHANAGAR TELEPHONE NIGAM
Please provide your vote to see the results

Definition & Calculation of PS (Price/Sales) ratio of MAHANAGAR TELEPHONE NIGAM

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 MAHANAGAR TELEPHONE NIGAM is calculated as :

Current Market Cap [ ₹2,392.7 Cr] as on Apr 23,2024

(/) Sales [ ₹808.7 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 2.96x ]

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

Thus, for MAHANAGAR TELEPHONE NIGAM , the investors are currently willing to pay '2.96 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 MAHANAGAR TELEPHONE NIGAM !

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

Historical PS (Price/Sales) ratio chart of MAHANAGAR TELEPHONE NIGAM


PS Ratio Performance Analysis for MAHANAGAR TELEPHONE NIGAM

- MAHANAGAR TELEPHONE NIGAM 's latest p/e ratio is 2.96x.

- MAHANAGAR TELEPHONE NIGAM 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.78x.

- MAHANAGAR TELEPHONE NIGAM 's operated at median p/e ratio of 0.85x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MAHANAGAR TELEPHONE NIGAM 's p/e ratio peaked in Mar2022 at 1.24x.

- MAHANAGAR TELEPHONE NIGAM 's p/e ratio hit its five-year low in Mar2020 of 0.23x.


How does MAHANAGAR TELEPHONE NIGAM 's P/S Ratio benchmark against top 10 peers in Telecommunication - Service Provider Industry?

Peer Comparison (Telecommunication - Service Provider Industry)Sales (Cr)PS RatioMarket Cap (Cr)
MAHANAGAR TELEPHONE NIGAM 808.72.962,392.7
BHARTI AIRTEL LTD148,392.05.48813,587.0
INDUS TOWERS LTD28,160.33.4496,923.4
VODAFONE IDEA LTD42,576.81.6972,122.4
TATA COMMUNICATIONS LTD20,968.82.3749,753.9
TATA TELESERVICES (MAHARASHTRA) LTD1,148.514.4516,595.4
RAILTEL CORPORATION OF INDIA LTD2,054.36.0412,404.3
HATHWAY CABLE & DATACOM LTD1,981.02.024,009.3
RELIANCE COMMUNICATIONS LTD402.01.19478.4
GTL LTD183.20.88160.6

Telecommunication - Service Provider Industry Benchmark (Top 10) PS Analysis vs MAHANAGAR TELEPHONE NIGAM 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.88x
Max industry PS 14.45x
Median industry PS 2.96x
Average industry PS 4.05x



You may also like the below Video Courses