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TRACXN TECHNOLOGIES
PS (Price/Sales) Ratio

The Current P/S Ratio of TRACXN TECHNOLOGIES is 12.20.

Share Price ₹97.2May 03,2024
Market Cap ₹1,009.9 Cr
Sales-TTM₹82.8 CrTTM-Standalone Results
Price/Sales12.20xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of TRACXN TECHNOLOGIES

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 TRACXN TECHNOLOGIES is calculated as :

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 ]

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

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 latest p/e ratio is 12.20x.

- 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 RatioMarket Cap (Cr)
TRACXN TECHNOLOGIES 82.812.201,009.9
TATA CONSULTANCY SERVICES LTD240,893.05.771,389,110.0
INFOSYS LTD153,671.03.83587,950.0
HCL TECHNOLOGIES LTD109,913.03.33365,748.0
WIPRO LTD89,760.32.66238,804.0
LTIMINDTREE LTD35,517.03.88137,848.0
TECH MAHINDRA LTD51,995.52.35122,066.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD6,373.010.5967,468.1
PERSISTENT SYSTEMS LTD9,821.65.2851,864.8
L&T TECHNOLOGY SERVICES LTD9,647.25.0148,353.9
TATA ELXSI LTD3,552.212.4644,276.1

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

Top 10 Industry PeersPS 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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