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SASKEN TECHNOLOGIES
PS (Price/Sales) Ratio

The Current P/S Ratio of SASKEN TECHNOLOGIES is 6.03.

Share Price ₹1,599.4Apr 25,2024
Market Cap ₹2,415.1 Cr
Sales-TTM₹400.3 CrTTM-Consolidated Results
Price/Sales6.03xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of SASKEN 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 SASKEN TECHNOLOGIES is calculated as :

Current Market Cap [ ₹2,415.1 Cr] as on Apr 25,2024

(/) Sales [ ₹400.3 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 6.03x ]

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

Thus, for SASKEN TECHNOLOGIES , the investors are currently willing to pay '6.03 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 SASKEN TECHNOLOGIES !

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

Historical PS (Price/Sales) ratio chart of SASKEN TECHNOLOGIES


PS Ratio Performance Analysis for SASKEN TECHNOLOGIES

- SASKEN TECHNOLOGIES 's latest p/e ratio is 6.03x.

- SASKEN TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.41x.

- SASKEN TECHNOLOGIES 's operated at median p/e ratio of 2.64x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SASKEN TECHNOLOGIES 's p/e ratio peaked in Mar2022 at 3.17x.

- SASKEN TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2020 of 1.16x.


How does SASKEN 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)
SASKEN TECHNOLOGIES 400.36.032,415.1
TATA CONSULTANCY SERVICES LTD240,893.05.791,393,630.0
INFOSYS LTD153,671.03.89597,061.0
HCL TECHNOLOGIES LTD108,020.03.78408,040.0
WIPRO LTD89,760.32.68240,892.0
LTIMINDTREE LTD35,517.03.87137,315.0
TECH MAHINDRA LTD51,995.52.24116,249.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD6,373.09.7161,875.7
PERSISTENT SYSTEMS LTD9,821.65.3852,843.0
L&T TECHNOLOGY SERVICES LTD9,647.25.6854,793.0
TATA ELXSI LTD3,552.212.4444,177.4

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

Top 10 Industry PeersPS Ratio
Min industry PS 2.24x
Max industry PS 12.44x
Median industry PS 5.38x
Average industry PS 5.59x



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