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WIPRO
PS (Price/Sales) Ratio

The Current P/S Ratio of WIPRO is 3.25.

Share Price ₹551.2Nov 01,2024
Market Cap ₹288,339.6 Cr
Sales-TTM₹88,678.8 CrTTM-Consolidated Results
Price/Sales3.25xCalculated 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 [ ₹288,339.6 Cr] as on Nov 01,2024

(/) Sales [ ₹88,678.8 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 3.25x ]

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 '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 latest p/e ratio is 3.25x.

- 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 RatioMarket Cap (Cr)
WIPRO 88,678.83.25288,339.6
TATA CONSULTANCY SERVICES LTD248,692.05.801,441,950.0
INFOSYS LTD157,045.04.66731,444.0
HCL TECHNOLOGIES LTD113,864.04.19477,117.0
LTIMINDTREE LTD36,485.04.65169,835.0
TECH MAHINDRA LTD52,291.33.00156,932.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD6,881.413.6593,959.6
PERSISTENT SYSTEMS LTD10,723.17.7483,016.0
L&T TECHNOLOGY SERVICES LTD9,994.15.2552,497.9
TATA ELXSI LTD3,701.711.9644,268.2
MPHASIS LTD13,708.64.0054,864.9

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

Top 10 Industry PeersPS 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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