WIPRO
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The Current P/S Ratio of WIPRO is 3.25.
Share Price | ₹551.2 | Nov 01,2024 |
Market Cap | ₹288,339.6 Cr | |
Sales-TTM | ₹88,678.8 Cr | TTM-Consolidated Results |
Price/Sales | 3.25x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of WIPRO
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹288,339.6 Cr] as on Nov 01,2024
(/) Sales [ ₹88,678.8 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 3.25x ]
Thus, for WIPRO , the investors are currently willing to pay '3.25 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 WIPRO !
The chart below summarizes the trend in P/S Ratio of WIPRO over the last five years.
Historical PS (Price/Sales) ratio chart of WIPRO
PS Ratio Performance Analysis for WIPRO
- WIPRO 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.92x.
- WIPRO 's operated at median p/e ratio of 2.79x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, WIPRO 's p/e ratio peaked in Mar2022 at 4.09x.
- WIPRO 's p/e ratio hit its five-year low in Mar2020 of 1.84x.
How does WIPRO '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) |
---|---|---|---|
WIPRO | 88,678.8 | 3.25 | 288,339.6 |
TATA CONSULTANCY SERVICES LTD | 248,692.0 | 5.80 | 1,441,950.0 |
INFOSYS LTD | 157,045.0 | 4.66 | 731,444.0 |
HCL TECHNOLOGIES LTD | 113,864.0 | 4.19 | 477,117.0 |
LTIMINDTREE LTD | 36,485.0 | 4.65 | 169,835.0 |
TECH MAHINDRA LTD | 52,291.3 | 3.00 | 156,932.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 6,881.4 | 13.65 | 93,959.6 |
PERSISTENT SYSTEMS LTD | 10,723.1 | 7.74 | 83,016.0 |
L&T TECHNOLOGY SERVICES LTD | 9,994.1 | 5.25 | 52,497.9 |
TATA ELXSI LTD | 3,701.7 | 11.96 | 44,268.2 |
MPHASIS LTD | 13,708.6 | 4.00 | 54,864.9 |
IT - Software Industry Benchmark (Top 10) PS Analysis vs WIPRO 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 3.00x |
Max industry PS | 13.65x |
Median industry PS | 4.66x |
Average industry PS | 6.20x |
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