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WIPRO
PS (Price/Sales) Ratio

The Current P/S Ratio of WIPRO is 2.69.

Share Price ₹462.0Apr 22,2024
Market Cap ₹241,382.7 Cr
Sales-TTM₹89,760.3 CrTTM-Consolidated Results
Price/Sales2.69xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of WIPRO

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 WIPRO is calculated as :

Current Market Cap [ ₹241,382.7 Cr] as on Apr 22,2024

(/) Sales [ ₹89,760.3 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 2.69x ]

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

Thus, for WIPRO , the investors are currently willing to pay '2.69 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 latest p/e ratio is 2.69x.

- WIPRO 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.88x.

- WIPRO 's operated at median p/e ratio of 2.6x 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 RatioMarket Cap (Cr)
WIPRO 89,760.32.69241,382.7
TATA CONSULTANCY SERVICES LTD240,893.05.811,398,550.0
INFOSYS LTD153,671.03.87594,612.0
HCL TECHNOLOGIES LTD108,020.03.68397,769.0
LTIMINDTREE LTD35,315.13.92138,597.0
TECH MAHINDRA LTD52,842.42.23117,963.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD6,201.110.5465,345.4
PERSISTENT SYSTEMS LTD9,821.65.5154,080.8
L&T TECHNOLOGY SERVICES LTD9,205.95.9654,855.1
TATA ELXSI LTD3,484.113.2946,309.7
MPHASIS LTD13,227.73.2042,280.4

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

Top 10 Industry PeersPS Ratio
Min industry PS 2.23x
Max industry PS 13.29x
Median industry PS 3.92x
Average industry PS 5.52x



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