TRACXN TECHNOLOGIES
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The Current P/S Ratio of TRACXN TECHNOLOGIES is 12.20.
Share Price | ₹97.2 | May 03,2024 |
Market Cap | ₹1,009.9 Cr | |
Sales-TTM | ₹82.8 Cr | TTM-Standalone Results |
Price/Sales | 12.20x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of TRACXN TECHNOLOGIES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹1,009.9 Cr] as on May 03,2024
(/) Sales [ ₹82.8 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 12.20x ]
Thus, for TRACXN TECHNOLOGIES , the investors are currently willing to pay '12.20 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 TRACXN TECHNOLOGIES !
The chart below summarizes the trend in P/S Ratio of TRACXN TECHNOLOGIES over the last five years.
Historical PS (Price/Sales) ratio chart of TRACXN TECHNOLOGIES
PS Ratio Performance Analysis for TRACXN TECHNOLOGIES
- TRACXN TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.67x.
- TRACXN TECHNOLOGIES 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TRACXN TECHNOLOGIES 's p/e ratio peaked in Mar2023 at 8.36x.
- TRACXN TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2022 of 0x.
How does TRACXN TECHNOLOGIES '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) |
---|---|---|---|
TRACXN TECHNOLOGIES | 82.8 | 12.20 | 1,009.9 |
TATA CONSULTANCY SERVICES LTD | 240,893.0 | 5.77 | 1,389,110.0 |
INFOSYS LTD | 153,671.0 | 3.83 | 587,950.0 |
HCL TECHNOLOGIES LTD | 109,913.0 | 3.33 | 365,748.0 |
WIPRO LTD | 89,760.3 | 2.66 | 238,804.0 |
LTIMINDTREE LTD | 35,517.0 | 3.88 | 137,848.0 |
TECH MAHINDRA LTD | 51,995.5 | 2.35 | 122,066.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 6,373.0 | 10.59 | 67,468.1 |
PERSISTENT SYSTEMS LTD | 9,821.6 | 5.28 | 51,864.8 |
L&T TECHNOLOGY SERVICES LTD | 9,647.2 | 5.01 | 48,353.9 |
TATA ELXSI LTD | 3,552.2 | 12.46 | 44,276.1 |
IT - Software Industry Benchmark (Top 10) PS Analysis vs TRACXN TECHNOLOGIES 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 2.35x |
Max industry PS | 12.46x |
Median industry PS | 5.01x |
Average industry PS | 6.12x |
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