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TECH MAHINDRA
PS (Price/Sales) Ratio

The Current P/S Ratio of TECH MAHINDRA is 3.07.

Share Price ₹1,638.3Nov 04,2024
Market Cap ₹160,291.3 Cr
Sales-TTM₹52,291.3 CrTTM-Consolidated Results
Price/Sales3.07xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of TECH MAHINDRA

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 TECH MAHINDRA is calculated as :

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 ]

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

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 latest p/e ratio is 3.07x.

- 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 RatioMarket Cap (Cr)
TECH MAHINDRA 52,291.33.07160,291.3
TATA CONSULTANCY SERVICES LTD248,692.05.761,433,630.0
INFOSYS LTD157,045.04.67732,815.0
HCL TECHNOLOGIES LTD113,864.04.20478,514.0
WIPRO LTD88,678.83.19282,717.0
LTIMINDTREE LTD36,485.04.66169,890.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD6,881.413.6894,126.7
PERSISTENT SYSTEMS LTD10,723.17.7082,570.8
L&T TECHNOLOGY SERVICES LTD9,994.15.2552,477.2
TATA ELXSI LTD3,701.711.8443,812.3
MPHASIS LTD13,708.63.9654,336.6

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

Top 10 Industry PeersPS 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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