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VODAFONE IDEA
PS (Price/Sales) Ratio

The Current P/S Ratio of VODAFONE IDEA is 2.11.

Share Price ₹13.5Apr 29,2024
Market Cap ₹89,686.2 Cr
Sales-TTM₹42,576.8 CrTTM-Consolidated Results
Price/Sales2.11xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of VODAFONE IDEA

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 VODAFONE IDEA is calculated as :

Current Market Cap [ ₹89,686.2 Cr] as on Apr 29,2024

(/) Sales [ ₹42,576.8 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 2.11x ]

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

Thus, for VODAFONE IDEA , the investors are currently willing to pay '2.11 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 VODAFONE IDEA !

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

Historical PS (Price/Sales) ratio chart of VODAFONE IDEA


PS Ratio Performance Analysis for VODAFONE IDEA

- VODAFONE IDEA 's latest p/e ratio is 2.11x.

- VODAFONE IDEA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.55x.

- VODAFONE IDEA 's operated at median p/e ratio of 0.63x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, VODAFONE IDEA 's p/e ratio peaked in Mar2022 at 0.81x.

- VODAFONE IDEA 's p/e ratio hit its five-year low in Mar2020 of 0.2x.


How does VODAFONE IDEA 's P/S Ratio benchmark against top 10 peers in Telecommunication - Service Provider Industry?

Peer Comparison (Telecommunication - Service Provider Industry)Sales (Cr)PS RatioMarket Cap (Cr)
VODAFONE IDEA 42,576.82.1189,686.2
BHARTI AIRTEL LTD148,392.05.45808,102.0
INDUS TOWERS LTD28,160.33.3794,807.9
TATA COMMUNICATIONS LTD20,968.82.3649,420.4
TATA TELESERVICES (MAHARASHTRA) LTD1,191.713.7116,335.4
RAILTEL CORPORATION OF INDIA LTD2,054.36.2312,807.0
HATHWAY CABLE & DATACOM LTD1,981.01.993,947.3
MAHANAGAR TELEPHONE NIGAM LTD808.72.932,369.4
RELIANCE COMMUNICATIONS LTD402.01.11448.0
GTL LTD183.20.90164.1

Telecommunication - Service Provider Industry Benchmark (Top 10) PS Analysis vs VODAFONE IDEA 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.90x
Max industry PS 13.71x
Median industry PS 2.93x
Average industry PS 4.02x



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