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SOFTTECH ENGINEERS
PS (Price/Sales) Ratio

The Current P/S Ratio of SOFTTECH ENGINEERS is 5.55.

Share Price ₹324.3Apr 24,2024
Market Cap ₹415.0 Cr
Sales-TTM₹74.8 CrTTM-Consolidated Results
Price/Sales5.55xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of SOFTTECH ENGINEERS

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 SOFTTECH ENGINEERS is calculated as :

Current Market Cap [ ₹415.0 Cr] as on Apr 24,2024

(/) Sales [ ₹74.8 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 5.55x ]

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

Thus, for SOFTTECH ENGINEERS , the investors are currently willing to pay '5.55 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 SOFTTECH ENGINEERS !

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

Historical PS (Price/Sales) ratio chart of SOFTTECH ENGINEERS


PS Ratio Performance Analysis for SOFTTECH ENGINEERS

- SOFTTECH ENGINEERS 's latest p/e ratio is 5.55x.

- SOFTTECH ENGINEERS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.57x.

- SOFTTECH ENGINEERS 's operated at median p/e ratio of 1.79x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SOFTTECH ENGINEERS 's p/e ratio peaked in Mar2021 at 2.36x.

- SOFTTECH ENGINEERS 's p/e ratio hit its five-year low in Mar2020 of 0.62x.


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

Peer Comparison (IT - Software Industry)Sales (Cr)PS RatioMarket Cap (Cr)
SOFTTECH ENGINEERS 74.85.55415.0
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
PERSISTENT SYSTEMS LTD9,821.65.4453,396.0
L&T TECHNOLOGY SERVICES LTD9,205.96.0155,328.8
TATA ELXSI LTD3,552.212.3343,812.1

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

Top 10 Industry PeersPS Ratio
Min industry PS 2.19x
Max industry PS 12.33x
Median industry PS 5.44x
Average industry PS 5.62x



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