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PERSISTENT SYSTEMS
PS (Price/Sales) Ratio

The Current P/S Ratio of PERSISTENT SYSTEMS is 5.43.

Share Price ₹3,466.2Apr 24,2024
Market Cap ₹53,378.7 Cr
Sales-TTM₹9,821.6 CrTTM-Consolidated Results
Price/Sales5.43xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of PERSISTENT SYSTEMS

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 PERSISTENT SYSTEMS is calculated as :

Current Market Cap [ ₹53,378.7 Cr] as on Apr 24,2024

(/) Sales [ ₹9,821.6 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 5.43x ]

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

Thus, for PERSISTENT SYSTEMS , the investors are currently willing to pay '5.43 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 PERSISTENT SYSTEMS !

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

Historical PS (Price/Sales) ratio chart of PERSISTENT SYSTEMS


PS Ratio Performance Analysis for PERSISTENT SYSTEMS

- PERSISTENT SYSTEMS 's latest p/e ratio is 5.43x.

- PERSISTENT SYSTEMS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.35x.

- PERSISTENT SYSTEMS 's operated at median p/e ratio of 3.5x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PERSISTENT SYSTEMS 's p/e ratio peaked in Mar2022 at 6.38x.

- PERSISTENT SYSTEMS 's p/e ratio hit its five-year low in Mar2020 of 1.18x.


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

Peer Comparison (IT - Software Industry)Sales (Cr)PS RatioMarket Cap (Cr)
PERSISTENT SYSTEMS 9,821.65.4353,378.7
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 LTD52,842.42.19115,858.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD6,201.110.2963,787.4
L&T TECHNOLOGY SERVICES LTD9,205.96.0155,328.8
TATA ELXSI LTD3,552.212.3343,812.1
MPHASIS LTD13,227.73.2042,371.1

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

Top 10 Industry PeersPS Ratio
Min industry PS 2.19x
Max industry PS 12.33x
Median industry PS 3.95x
Average industry PS 5.40x



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