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TATA COMMUNICATIONS
PS (Price/Sales) Ratio

The Current P/S Ratio of TATA COMMUNICATIONS is 2.39.

Share Price ₹1,755.0Apr 19,2024
Market Cap ₹50,016.1 Cr
Sales-TTM₹20,968.8 CrTTM-Consolidated Results
Price/Sales2.39xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of TATA 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 TATA COMMUNICATIONS is calculated as :

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 ]

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

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 latest p/e ratio is 2.39x.

- 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 RatioMarket Cap (Cr)
TATA COMMUNICATIONS 20,968.82.3950,016.1
BHARTI AIRTEL LTD148,392.05.26781,220.0
INDUS TOWERS LTD28,160.33.3694,619.2
VODAFONE IDEA LTD42,576.81.5264,754.8
TATA TELESERVICES (MAHARASHTRA) LTD1,148.512.8114,714.7
RAILTEL CORPORATION OF INDIA LTD2,054.35.7011,699.8
HATHWAY CABLE & DATACOM LTD1,981.01.973,910.2
MAHANAGAR TELEPHONE NIGAM LTD808.72.722,201.9
RELIANCE COMMUNICATIONS LTD402.01.16467.4
GTL LTD183.20.88160.6

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

Top 10 Industry PeersPS 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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