NIIT
|
The Current P/S Ratio of NIIT is 4.83.
Share Price | ₹103.4 | May 06,2024 |
Market Cap | ₹1,396.3 Cr | |
Sales-TTM | ₹289.2 Cr | TTM-Consolidated Results |
Price/Sales | 4.83x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of NIIT
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹1,396.3 Cr] as on May 06,2024
(/) Sales [ ₹289.2 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 4.83x ]
Thus, for NIIT , the investors are currently willing to pay '4.83 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 NIIT !
The chart below summarizes the trend in P/S Ratio of NIIT over the last five years.
Historical PS (Price/Sales) ratio chart of NIIT
PS Ratio Performance Analysis for NIIT
- NIIT 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 10.20x.
- NIIT 's operated at median p/e ratio of 2.04x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NIIT 's p/e ratio peaked in Mar2022 at 33.2x.
- NIIT 's p/e ratio hit its five-year low in Mar2020 of 1.26x.
How does NIIT 's P/S Ratio benchmark against top 10 peers in IT - Education Industry?
Peer Comparison (IT - Education Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
NIIT | 289.2 | 4.83 | 1,396.3 |
APTECH LTD | 436.8 | 3.10 | 1,353.0 |
COMPUCOM SOFTWARE LTD | 86.3 | 3.05 | 263.1 |
IT - Education Industry Benchmark (Top 10) PS Analysis vs NIIT 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 3.05x |
Max industry PS | 4.83x |
Median industry PS | 3.10x |
Average industry PS | 3.66x |
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