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ROUTE MOBILE
PS (Price/Sales) Ratio

The Current P/S Ratio of ROUTE MOBILE is 2.38.

Share Price ₹1,524.2May 03,2024
Market Cap ₹9,571.7 Cr
Sales-TTM₹4,014.9 CrTTM-Consolidated Results
Price/Sales2.38xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of ROUTE MOBILE

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 ROUTE MOBILE is calculated as :

Current Market Cap [ ₹9,571.7 Cr] as on May 03,2024

(/) Sales [ ₹4,014.9 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 2.38x ]

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

Thus, for ROUTE MOBILE , the investors are currently willing to pay '2.38 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 ROUTE MOBILE !

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

Historical PS (Price/Sales) ratio chart of ROUTE MOBILE


PS Ratio Performance Analysis for ROUTE MOBILE

- ROUTE MOBILE 's latest p/e ratio is 2.38x.

- ROUTE MOBILE 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.60x.

- ROUTE MOBILE 's operated at median p/e ratio of 2.39x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ROUTE MOBILE 's p/e ratio peaked in Mar2021 at 5.79x.

- ROUTE MOBILE 's p/e ratio hit its five-year low in Mar2020 of 0x.


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

Peer Comparison (IT - Software Industry)Sales (Cr)PS RatioMarket Cap (Cr)
ROUTE MOBILE 4,014.92.389,571.7
TATA CONSULTANCY SERVICES LTD240,893.05.771,389,110.0
INFOSYS LTD153,671.03.83587,950.0
HCL TECHNOLOGIES LTD109,913.03.33365,748.0
WIPRO LTD89,760.32.66238,804.0
LTIMINDTREE LTD35,517.03.88137,848.0
TECH MAHINDRA LTD51,995.52.35122,066.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD6,373.010.5967,468.1
PERSISTENT SYSTEMS LTD9,821.65.2851,864.8
L&T TECHNOLOGY SERVICES LTD9,647.25.0148,353.9
TATA ELXSI LTD3,552.212.4644,276.1

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

Top 10 Industry PeersPS Ratio
Min industry PS 2.35x
Max industry PS 12.46x
Median industry PS 3.88x
Average industry PS 5.23x



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