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TATA TELESERVICES (MAHARASHTRA)
PS (Price/Sales) Ratio

The Current P/S Ratio of TATA TELESERVICES (MAHARASHTRA) is 13.71.

Share Price ₹83.6Apr 25,2024
Market Cap ₹16,333.2 Cr
Sales-TTM₹1,191.7 CrTTM-Standalone Results
Price/Sales13.71xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of TATA TELESERVICES (MAHARASHTRA)

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 TELESERVICES (MAHARASHTRA) is calculated as :

Current Market Cap [ ₹16,333.2 Cr] as on Apr 25,2024

(/) Sales [ ₹1,191.7 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 13.71x ]

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

Thus, for TATA TELESERVICES (MAHARASHTRA) , the investors are currently willing to pay '13.71 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 TELESERVICES (MAHARASHTRA) !

The chart below summarizes the trend in P/S Ratio of TATA TELESERVICES (MAHARASHTRA) over the last five years.

Historical PS (Price/Sales) ratio chart of TATA TELESERVICES (MAHARASHTRA)


PS Ratio Performance Analysis for TATA TELESERVICES (MAHARASHTRA)

- TATA TELESERVICES (MAHARASHTRA) 's latest p/e ratio is 13.71x.

- TATA TELESERVICES (MAHARASHTRA) 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 8.61x.

- TATA TELESERVICES (MAHARASHTRA) '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, TATA TELESERVICES (MAHARASHTRA) 's p/e ratio peaked in Mar2022 at 29.82x.

- TATA TELESERVICES (MAHARASHTRA) 's p/e ratio hit its five-year low in Mar2020 of 0.33x.


How does TATA TELESERVICES (MAHARASHTRA) '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 TELESERVICES (MAHARASHTRA) 1,191.713.7116,333.2
BHARTI AIRTEL LTD148,392.05.46809,738.0
INDUS TOWERS LTD28,160.33.3694,754.0
VODAFONE IDEA LTD42,576.82.1792,345.5
TATA COMMUNICATIONS LTD20,968.82.3749,665.5
RAILTEL CORPORATION OF INDIA LTD2,054.36.1912,709.2
HATHWAY CABLE & DATACOM LTD1,981.02.003,959.7
MAHANAGAR TELEPHONE NIGAM LTD808.72.922,359.4
RELIANCE COMMUNICATIONS LTD402.01.15461.8
GTL LTD183.20.91166.9

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

Top 10 Industry PeersPS Ratio
Min industry PS 0.91x
Max industry PS 13.71x
Median industry PS 2.92x
Average industry PS 4.02x



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