TECH MAHINDRA
|
The Current P/S Ratio of TECH MAHINDRA is 3.07.
Share Price | ₹1,638.3 | Nov 04,2024 |
Market Cap | ₹160,291.3 Cr | |
Sales-TTM | ₹52,291.3 Cr | TTM-Consolidated Results |
Price/Sales | 3.07x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of TECH MAHINDRA
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹160,291.3 Cr] as on Nov 04,2024
(/) Sales [ ₹52,291.3 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 3.07x ]
Thus, for TECH MAHINDRA , the investors are currently willing to pay '3.07 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 TECH MAHINDRA !
The chart below summarizes the trend in P/S Ratio of TECH MAHINDRA over the last five years.
Historical PS (Price/Sales) ratio chart of TECH MAHINDRA
PS Ratio Performance Analysis for TECH MAHINDRA
- TECH MAHINDRA 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.10x.
- TECH MAHINDRA 's operated at median p/e ratio of 2.12x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TECH MAHINDRA 's p/e ratio peaked in Mar2022 at 2.95x.
- TECH MAHINDRA 's p/e ratio hit its five-year low in Mar2020 of 1.34x.
How does TECH MAHINDRA 's P/S Ratio benchmark against top 10 peers in IT - Software Industry?
Peer Comparison (IT - Software Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
TECH MAHINDRA | 52,291.3 | 3.07 | 160,291.3 |
TATA CONSULTANCY SERVICES LTD | 248,692.0 | 5.76 | 1,433,630.0 |
INFOSYS LTD | 157,045.0 | 4.67 | 732,815.0 |
HCL TECHNOLOGIES LTD | 113,864.0 | 4.20 | 478,514.0 |
WIPRO LTD | 88,678.8 | 3.19 | 282,717.0 |
LTIMINDTREE LTD | 36,485.0 | 4.66 | 169,890.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 6,881.4 | 13.68 | 94,126.7 |
PERSISTENT SYSTEMS LTD | 10,723.1 | 7.70 | 82,570.8 |
L&T TECHNOLOGY SERVICES LTD | 9,994.1 | 5.25 | 52,477.2 |
TATA ELXSI LTD | 3,701.7 | 11.84 | 43,812.3 |
MPHASIS LTD | 13,708.6 | 3.96 | 54,336.6 |
IT - Software Industry Benchmark (Top 10) PS Analysis vs TECH MAHINDRA 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 3.07x |
Max industry PS | 13.68x |
Median industry PS | 4.67x |
Average industry PS | 6.18x |
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