TATA COMMUNICATIONS
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The Current P/S Ratio of TATA COMMUNICATIONS is 2.39.
Share Price | ₹1,755.0 | Apr 19,2024 |
Market Cap | ₹50,016.1 Cr | |
Sales-TTM | ₹20,968.8 Cr | TTM-Consolidated Results |
Price/Sales | 2.39x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of TATA COMMUNICATIONS
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹50,016.1 Cr] as on Apr 19,2024
(/) Sales [ ₹20,968.8 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 2.39x ]
Thus, for TATA COMMUNICATIONS , the investors are currently willing to pay '2.39 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 TATA COMMUNICATIONS !
The chart below summarizes the trend in P/S Ratio of TATA COMMUNICATIONS over the last five years.
Historical PS (Price/Sales) ratio chart of TATA COMMUNICATIONS
PS Ratio Performance Analysis for TATA COMMUNICATIONS
- TATA COMMUNICATIONS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.46x.
- TATA COMMUNICATIONS 's operated at median p/e ratio of 1.77x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TATA COMMUNICATIONS 's p/e ratio peaked in Mar2022 at 2.09x.
- TATA COMMUNICATIONS 's p/e ratio hit its five-year low in Mar2020 of 0.39x.
How does TATA COMMUNICATIONS 's P/S Ratio benchmark against top 10 peers in Telecommunication - Service Provider Industry?
Peer Comparison (Telecommunication - Service Provider Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
TATA COMMUNICATIONS | 20,968.8 | 2.39 | 50,016.1 |
BHARTI AIRTEL LTD | 148,392.0 | 5.26 | 781,220.0 |
INDUS TOWERS LTD | 28,160.3 | 3.36 | 94,619.2 |
VODAFONE IDEA LTD | 42,576.8 | 1.52 | 64,754.8 |
TATA TELESERVICES (MAHARASHTRA) LTD | 1,148.5 | 12.81 | 14,714.7 |
RAILTEL CORPORATION OF INDIA LTD | 2,054.3 | 5.70 | 11,699.8 |
HATHWAY CABLE & DATACOM LTD | 1,981.0 | 1.97 | 3,910.2 |
MAHANAGAR TELEPHONE NIGAM LTD | 808.7 | 2.72 | 2,201.9 |
RELIANCE COMMUNICATIONS LTD | 402.0 | 1.16 | 467.4 |
GTL LTD | 183.2 | 0.88 | 160.6 |
Telecommunication - Service Provider Industry Benchmark (Top 10) PS Analysis vs TATA COMMUNICATIONS 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.88x |
Max industry PS | 12.81x |
Median industry PS | 2.72x |
Average industry PS | 3.78x |
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