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TECH MAHINDRA
PS (Price/Sales) Ratio

The Current P/S Ratio of TECH MAHINDRA is 2.24.

Share Price ₹1,190.1Apr 25,2024
Market Cap ₹116,249.0 Cr
Sales-TTM₹51,995.5 CrTTM-Consolidated Results
Price/Sales2.24xCalculated 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 [ ₹116,249.0 Cr] as on Apr 25,2024

(/) Sales [ ₹51,995.5 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 2.24x ]

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 '2.24 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 2.24x.

- TECH MAHINDRA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.08x.

- TECH MAHINDRA 's operated at median p/e ratio of 1.98x 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 51,995.52.24116,249.0
TATA CONSULTANCY SERVICES LTD240,893.05.791,393,630.0
INFOSYS LTD153,671.03.89597,061.0
HCL TECHNOLOGIES LTD108,020.03.78408,040.0
WIPRO LTD89,760.32.68240,892.0
LTIMINDTREE LTD35,517.03.87137,315.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD6,373.09.7161,875.7
PERSISTENT SYSTEMS LTD9,821.65.3852,843.0
L&T TECHNOLOGY SERVICES LTD9,647.25.6854,793.0
TATA ELXSI LTD3,552.212.4444,177.4
MPHASIS LTD13,227.73.1942,208.5

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

Top 10 Industry PeersPS Ratio
Min industry PS 2.24x
Max industry PS 12.44x
Median industry PS 3.89x
Average industry PS 5.33x



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