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TECHNVISION VENTURES
PS (Price/Sales) Ratio

The Current P/S Ratio of TECHNVISION VENTURES is 6.76.

Share Price ₹1,964.4Apr 19,2024
Market Cap ₹1,237.5 Cr
Sales-TTM₹183.1 CrTTM-Consolidated Results
Price/Sales6.76xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of TECHNVISION VENTURES

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 TECHNVISION VENTURES is calculated as :

Current Market Cap [ ₹1,237.5 Cr] as on Apr 19,2024

(/) Sales [ ₹183.1 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 6.76x ]

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

Thus, for TECHNVISION VENTURES , the investors are currently willing to pay '6.76 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 TECHNVISION VENTURES !

The chart below summarizes the trend in P/S Ratio of TECHNVISION VENTURES over the last five years.

Historical PS (Price/Sales) ratio chart of TECHNVISION VENTURES


PS Ratio Performance Analysis for TECHNVISION VENTURES

- TECHNVISION VENTURES 's latest p/e ratio is 6.76x.

- TECHNVISION VENTURES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.22x.

- TECHNVISION VENTURES 's operated at median p/e ratio of 1.29x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TECHNVISION VENTURES 's p/e ratio peaked in Mar2020 at 1.73x.

- TECHNVISION VENTURES 's p/e ratio hit its five-year low in Mar2023 of 0.75x.


How does TECHNVISION VENTURES 's P/S Ratio benchmark against top 10 peers in IT - Software Industry?

Peer Comparison (IT - Software Industry)Sales (Cr)PS RatioMarket Cap (Cr)
TECHNVISION VENTURES 183.16.761,237.5
TATA CONSULTANCY SERVICES LTD240,893.05.751,384,800.0
INFOSYS LTD153,671.03.81585,936.0
HCL TECHNOLOGIES LTD108,020.03.64392,912.0
WIPRO LTD90,742.32.61236,626.0
LTIMINDTREE LTD35,315.13.91138,000.0
TECH MAHINDRA LTD52,842.42.21116,606.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD6,201.110.6365,902.8
PERSISTENT SYSTEMS LTD9,485.56.3159,888.5
L&T TECHNOLOGY SERVICES LTD9,205.96.0155,353.7
TATA ELXSI LTD3,484.113.3146,361.7

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

Top 10 Industry PeersPS Ratio
Min industry PS 2.21x
Max industry PS 13.31x
Median industry PS 5.75x
Average industry PS 5.90x



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