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RELIANCE COMMUNICATIONS
PS (Price/Sales) Ratio

The Current P/S Ratio of RELIANCE COMMUNICATIONS is 1.16.

Share Price ₹1.7Apr 24,2024
Market Cap ₹467.4 Cr
Sales-TTM₹402.0 CrTTM-Consolidated Results
Price/Sales1.16xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of RELIANCE COMMUNICATIONS

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 RELIANCE COMMUNICATIONS is calculated as :

Current Market Cap [ ₹467.4 Cr] as on Apr 24,2024

(/) Sales [ ₹402.0 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 RELIANCE COMMUNICATIONS , 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 RELIANCE COMMUNICATIONS !

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

Historical PS (Price/Sales) ratio chart of RELIANCE COMMUNICATIONS


PS Ratio Performance Analysis for RELIANCE COMMUNICATIONS

- RELIANCE COMMUNICATIONS 's latest p/e ratio is 1.16x.

- RELIANCE COMMUNICATIONS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.59x.

- RELIANCE COMMUNICATIONS 's operated at median p/e ratio of 0.61x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, RELIANCE COMMUNICATIONS 's p/e ratio peaked in Mar2022 at 1.33x.

- RELIANCE COMMUNICATIONS 's p/e ratio hit its five-year low in Mar2020 of 0.07x.


How does RELIANCE COMMUNICATIONS 's P/S Ratio benchmark against top 10 peers in Telecommunication - Service Provider Industry?

Peer Comparison (Telecommunication - Service Provider Industry)Sales (Cr)PS RatioMarket Cap (Cr)
RELIANCE COMMUNICATIONS 402.01.16467.4
BHARTI AIRTEL LTD148,392.05.46809,920.0
INDUS TOWERS LTD28,160.33.3393,837.7
VODAFONE IDEA LTD42,576.81.5465,606.8
TATA COMMUNICATIONS LTD20,968.82.3749,745.3
TATA TELESERVICES (MAHARASHTRA) LTD1,191.713.9816,661.8
RAILTEL CORPORATION OF INDIA LTD2,054.36.1912,707.6
HATHWAY CABLE & DATACOM LTD1,981.02.034,028.8
MAHANAGAR TELEPHONE NIGAM LTD808.72.912,352.4
GTL LTD183.20.89163.8

Telecommunication - Service Provider Industry Benchmark (Top 10) PS Analysis vs RELIANCE COMMUNICATIONS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.89x
Max industry PS 13.98x
Median industry PS 2.91x
Average industry PS 3.99x



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