PALRED TECHNOLOGIES
|
The Current P/S Ratio of PALRED TECHNOLOGIES is 1.16.
Share Price | ₹119.4 | May 10,2024 |
Market Cap | ₹145.7 Cr | |
Sales-TTM | ₹125.4 Cr | TTM-Consolidated Results |
Price/Sales | 1.16x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of PALRED TECHNOLOGIES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹145.7 Cr] as on May 10,2024
(/) Sales [ ₹125.4 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 1.16x ]
Thus, for PALRED TECHNOLOGIES , the investors are currently willing to pay '1.16 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 PALRED TECHNOLOGIES !
The chart below summarizes the trend in P/S Ratio of PALRED TECHNOLOGIES over the last five years.
Historical PS (Price/Sales) ratio chart of PALRED TECHNOLOGIES
PS Ratio Performance Analysis for PALRED TECHNOLOGIES
- PALRED TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.83x.
- PALRED TECHNOLOGIES 's operated at median p/e ratio of 0.89x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PALRED TECHNOLOGIES 's p/e ratio peaked in Mar2022 at 1.15x.
- PALRED TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2020 of 0.2x.
How does PALRED TECHNOLOGIES '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) |
---|---|---|---|
PALRED TECHNOLOGIES | 125.4 | 1.16 | 145.7 |
TATA CONSULTANCY SERVICES LTD | 240,893.0 | 5.85 | 1,409,550.0 |
INFOSYS LTD | 153,671.0 | 3.85 | 591,655.0 |
HCL TECHNOLOGIES LTD | 109,913.0 | 3.25 | 357,186.0 |
WIPRO LTD | 89,760.3 | 2.63 | 236,112.0 |
LTIMINDTREE LTD | 35,517.0 | 3.84 | 136,482.0 |
TECH MAHINDRA LTD | 51,995.5 | 2.38 | 123,575.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 6,373.0 | 10.30 | 65,663.7 |
PERSISTENT SYSTEMS LTD | 9,821.6 | 5.28 | 51,877.1 |
L&T TECHNOLOGY SERVICES LTD | 9,647.2 | 4.78 | 46,120.2 |
TATA ELXSI LTD | 3,552.2 | 12.49 | 44,358.3 |
IT - Software Industry Benchmark (Top 10) PS Analysis vs PALRED TECHNOLOGIES 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 1.16x |
Max industry PS | 12.49x |
Median industry PS | 3.85x |
Average industry PS | 5.07x |
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