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MINDTECK (INDIA)
PS (Price/Sales) Ratio

The Current P/S Ratio of MINDTECK (INDIA) is 1.98.

Share Price ₹293.7May 02,2024
Market Cap ₹745.9 Cr
Sales-TTM₹376.4 CrTTM-Consolidated Results
Price/Sales1.98xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of MINDTECK (INDIA)

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 MINDTECK (INDIA) is calculated as :

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 ]

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

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 latest p/e ratio is 1.98x.

- 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 RatioMarket Cap (Cr)
MINDTECK (INDIA) 376.41.98745.9
TATA CONSULTANCY SERVICES LTD240,893.05.801,397,940.0
INFOSYS LTD153,671.03.82587,286.0
HCL TECHNOLOGIES LTD109,913.03.36369,167.0
WIPRO LTD89,760.32.66238,932.0
LTIMINDTREE LTD35,517.03.91138,957.0
TECH MAHINDRA LTD51,995.52.38123,751.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD6,373.010.5667,324.6
PERSISTENT SYSTEMS LTD9,821.65.3552,500.2
L&T TECHNOLOGY SERVICES LTD9,647.25.0748,908.6
TATA ELXSI LTD3,552.212.5544,566.6

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

Top 10 Industry PeersPS 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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