Home > PS Ratio > PALRED TECHNOLOGIES

PALRED TECHNOLOGIES
PS (Price/Sales) Ratio

The Current P/S Ratio of PALRED TECHNOLOGIES is 1.16.

Share Price ₹119.4May 10,2024
Market Cap ₹145.7 Cr
Sales-TTM₹125.4 CrTTM-Consolidated Results
Price/Sales1.16xCalculated as Market Cap/Sales
Explore Stock Analytics
COMMUNITY POLL
for PALRED TECHNOLOGIES
Please provide your vote to see the results

Definition & Calculation of PS (Price/Sales) ratio of PALRED 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 PALRED TECHNOLOGIES is calculated as :

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 ]

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

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 latest p/e ratio is 1.16x.

- 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 RatioMarket Cap (Cr)
PALRED TECHNOLOGIES 125.41.16145.7
TATA CONSULTANCY SERVICES LTD240,893.05.851,409,550.0
INFOSYS LTD153,671.03.85591,655.0
HCL TECHNOLOGIES LTD109,913.03.25357,186.0
WIPRO LTD89,760.32.63236,112.0
LTIMINDTREE LTD35,517.03.84136,482.0
TECH MAHINDRA LTD51,995.52.38123,575.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD6,373.010.3065,663.7
PERSISTENT SYSTEMS LTD9,821.65.2851,877.1
L&T TECHNOLOGY SERVICES LTD9,647.24.7846,120.2
TATA ELXSI LTD3,552.212.4944,358.3

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

Top 10 Industry PeersPS Ratio
Min industry PS 1.16x
Max industry PS 12.49x
Median industry PS 3.85x
Average industry PS 5.07x



You may also like the below Video Courses