MAHANAGAR TELEPHONE NIGAM
|
The Current P/S Ratio of MAHANAGAR TELEPHONE NIGAM is 2.96.
Share Price | ₹38.0 | Apr 23,2024 |
Market Cap | ₹2,392.7 Cr | |
Sales-TTM | ₹808.7 Cr | TTM-Consolidated Results |
Price/Sales | 2.96x | Calculated as Market Cap/Sales |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of MAHANAGAR TELEPHONE NIGAM
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
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 ]
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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
MAHANAGAR TELEPHONE NIGAM | 808.7 | 2.96 | 2,392.7 |
BHARTI AIRTEL LTD | 148,392.0 | 5.48 | 813,587.0 |
INDUS TOWERS LTD | 28,160.3 | 3.44 | 96,923.4 |
VODAFONE IDEA LTD | 42,576.8 | 1.69 | 72,122.4 |
TATA COMMUNICATIONS LTD | 20,968.8 | 2.37 | 49,753.9 |
TATA TELESERVICES (MAHARASHTRA) LTD | 1,148.5 | 14.45 | 16,595.4 |
RAILTEL CORPORATION OF INDIA LTD | 2,054.3 | 6.04 | 12,404.3 |
HATHWAY CABLE & DATACOM LTD | 1,981.0 | 2.02 | 4,009.3 |
RELIANCE COMMUNICATIONS LTD | 402.0 | 1.19 | 478.4 |
GTL LTD | 183.2 | 0.88 | 160.6 |
Telecommunication - Service Provider Industry Benchmark (Top 10) PS Analysis vs MAHANAGAR TELEPHONE NIGAM 's P/S Ratio
Top 10 Industry Peers | PS 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