MINDTECK (INDIA)
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The Current P/S Ratio of MINDTECK (INDIA) is 1.98.
Share Price | ₹293.7 | May 02,2024 |
Market Cap | ₹745.9 Cr | |
Sales-TTM | ₹376.4 Cr | TTM-Consolidated Results |
Price/Sales | 1.98x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of MINDTECK (INDIA)
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹745.9 Cr] as on May 02,2024
(/) Sales [ ₹376.4 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 1.98x ]
Thus, for MINDTECK (INDIA) , the investors are currently willing to pay '1.98 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 MINDTECK (INDIA) !
The chart below summarizes the trend in P/S Ratio of MINDTECK (INDIA) over the last five years.
Historical PS (Price/Sales) ratio chart of MINDTECK (INDIA)
PS Ratio Performance Analysis for MINDTECK (INDIA)
- MINDTECK (INDIA) 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.54x.
- MINDTECK (INDIA) 's operated at median p/e ratio of 0.36x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MINDTECK (INDIA) 's p/e ratio peaked in Mar2022 at 1.11x.
- MINDTECK (INDIA) 's p/e ratio hit its five-year low in Mar2020 of 0.13x.
How does MINDTECK (INDIA) '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) |
---|---|---|---|
MINDTECK (INDIA) | 376.4 | 1.98 | 745.9 |
TATA CONSULTANCY SERVICES LTD | 240,893.0 | 5.80 | 1,397,940.0 |
INFOSYS LTD | 153,671.0 | 3.82 | 587,286.0 |
HCL TECHNOLOGIES LTD | 109,913.0 | 3.36 | 369,167.0 |
WIPRO LTD | 89,760.3 | 2.66 | 238,932.0 |
LTIMINDTREE LTD | 35,517.0 | 3.91 | 138,957.0 |
TECH MAHINDRA LTD | 51,995.5 | 2.38 | 123,751.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 6,373.0 | 10.56 | 67,324.6 |
PERSISTENT SYSTEMS LTD | 9,821.6 | 5.35 | 52,500.2 |
L&T TECHNOLOGY SERVICES LTD | 9,647.2 | 5.07 | 48,908.6 |
TATA ELXSI LTD | 3,552.2 | 12.55 | 44,566.6 |
IT - Software Industry Benchmark (Top 10) PS Analysis vs MINDTECK (INDIA) 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 1.98x |
Max industry PS | 12.55x |
Median industry PS | 3.91x |
Average industry PS | 5.22x |
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