TEJAS NETWORKS
|
The Current P/S Ratio of TEJAS NETWORKS is 7.40.
| Share Price | ₹1,070.5 | Apr 24,2024 |
| Market Cap | ₹18,283.3 Cr | |
| Sales-TTM | ₹2,470.7 Cr | TTM-Consolidated Results |
| Price/Sales | 7.40x | Calculated as Market Cap/Sales |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PS (Price/Sales) ratio of TEJAS NETWORKS
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
Current Market Cap [ ₹18,283.3 Cr] as on Apr 24,2024
(/) Sales [ ₹2,470.7 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 7.40x ]
P/S Ratio indicates 'the multiple of sales' investors are willing to pay to own one share of the company.
Thus, for TEJAS NETWORKS , the investors are currently willing to pay '7.40 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 TEJAS NETWORKS !
The chart below summarizes the trend in P/S Ratio of TEJAS NETWORKS over the last five years.
Thus, for TEJAS NETWORKS , the investors are currently willing to pay '7.40 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 TEJAS NETWORKS !
The chart below summarizes the trend in P/S Ratio of TEJAS NETWORKS over the last five years.
Historical PS (Price/Sales) ratio chart of TEJAS NETWORKS
PS Ratio Performance Analysis for TEJAS NETWORKS
- TEJAS NETWORKS 's latest p/e ratio is 7.40x.
- TEJAS NETWORKS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.96x.
- TEJAS NETWORKS 's operated at median p/e ratio of 2.82x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TEJAS NETWORKS 's p/e ratio peaked in Mar2023 at 10.64x.
- TEJAS NETWORKS 's p/e ratio hit its five-year low in Mar2020 of 0.75x.
- TEJAS NETWORKS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.96x.
- TEJAS NETWORKS 's operated at median p/e ratio of 2.82x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TEJAS NETWORKS 's p/e ratio peaked in Mar2023 at 10.64x.
- TEJAS NETWORKS 's p/e ratio hit its five-year low in Mar2020 of 0.75x.
How does TEJAS NETWORKS 's P/S Ratio benchmark against top 10 peers in IT - Hardware Industry?
| Peer Comparison (IT - Hardware Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
|---|---|---|---|
| TEJAS NETWORKS | 2,470.7 | 7.40 | 18,283.3 |
| NETWEB TECHNOLOGIES INDIA LTD | 636.8 | 15.29 | 9,733.5 |
| NELCO LTD | 320.3 | 5.54 | 1,774.2 |
| CONTROL PRINT LTD | 347.1 | 4.27 | 1,483.6 |
| E2E NETWORKS LTD | 83.0 | 20.07 | 1,666.2 |
| SILVER TOUCH TECHNOLOGIES LTD | 191.3 | 4.54 | 868.8 |
| SWISS MILITARY CONSUMER GOODS LTD | 173.1 | 2.85 | 493.5 |
| EMPOWER INDIA LTD | 31.8 | 9.34 | 296.8 |
| DC INFOTECH AND COMMUNICATION LTD | 401.2 | 0.71 | 283.1 |
| DUCON INFRATECHNOLOGIES LTD | 415.8 | 0.49 | 202.8 |
| MROTEK REALTY LTD | 39.4 | 3.89 | 153.5 |
IT - Hardware Industry Benchmark (Top 10) PS Analysis vs TEJAS NETWORKS 's P/S Ratio
| Top 10 Industry Peers | PS Ratio |
|---|---|
| Min industry PS | 0.49x |
| Max industry PS | 20.07x |
| Median industry PS | 4.54x |
| Average industry PS | 6.76x |
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