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NAZARA TECHNOLOGIES
PS (Price/Sales) Ratio

The Current P/S Ratio of NAZARA TECHNOLOGIES is 4.28.

Share Price ₹650.5Apr 24,2024
Market Cap ₹4,975.9 Cr
Sales-TTM₹1,161.4 CrTTM-Consolidated Results
Price/Sales4.28xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of NAZARA TECHNOLOGIES

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 NAZARA TECHNOLOGIES is calculated as :

Current Market Cap [ ₹4,975.9 Cr] as on Apr 24,2024

(/) Sales [ ₹1,161.4 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 4.28x ]

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

Thus, for NAZARA TECHNOLOGIES , the investors are currently willing to pay '4.28 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 NAZARA TECHNOLOGIES !

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

Historical PS (Price/Sales) ratio chart of NAZARA TECHNOLOGIES


PS Ratio Performance Analysis for NAZARA TECHNOLOGIES

- NAZARA TECHNOLOGIES 's latest p/e ratio is 4.28x.

- NAZARA TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.31x.

- NAZARA TECHNOLOGIES 's operated at median p/e ratio of 3.14x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NAZARA TECHNOLOGIES 's p/e ratio peaked in Mar2021 at 9.84x.

- NAZARA TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2020 of 0x.


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

Peer Comparison (IT - Software Industry)Sales (Cr)PS RatioMarket Cap (Cr)
NAZARA TECHNOLOGIES 1,161.44.284,975.9
TATA CONSULTANCY SERVICES LTD240,893.05.751,386,180.0
INFOSYS LTD153,671.03.87594,342.0
HCL TECHNOLOGIES LTD108,020.03.72401,527.0
WIPRO LTD89,760.32.68240,467.0
LTIMINDTREE LTD35,517.03.95140,161.0
TECH MAHINDRA LTD51,995.52.23115,858.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD6,373.010.0163,787.4
PERSISTENT SYSTEMS LTD9,821.65.4453,396.0
L&T TECHNOLOGY SERVICES LTD9,647.25.7455,328.8
TATA ELXSI LTD3,552.212.3343,812.1

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

Top 10 Industry PeersPS Ratio
Min industry PS 2.23x
Max industry PS 12.33x
Median industry PS 4.28x
Average industry PS 5.45x



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