ALLIED DIGITAL SERVICES
|
The Current P/S Ratio of ALLIED DIGITAL SERVICES is 1.94.
Share Price | ₹251.9 | Nov 21,2024 |
Market Cap | ₹1,415.7 Cr | |
Sales-TTM | ₹730.0 Cr | TTM-Consolidated Results |
Price/Sales | 1.94x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of ALLIED DIGITAL SERVICES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹1,415.7 Cr] as on Nov 21,2024
(/) Sales [ ₹730.0 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 1.94x ]
Thus, for ALLIED DIGITAL SERVICES , the investors are currently willing to pay '1.94 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 ALLIED DIGITAL SERVICES !
The chart below summarizes the trend in P/S Ratio of ALLIED DIGITAL SERVICES over the last five years.
Historical PS (Price/Sales) ratio chart of ALLIED DIGITAL SERVICES
PS Ratio Performance Analysis for ALLIED DIGITAL SERVICES
- ALLIED DIGITAL SERVICES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.77x.
- ALLIED DIGITAL SERVICES '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, ALLIED DIGITAL SERVICES 's p/e ratio peaked in Mar2022 at 1.28x.
- ALLIED DIGITAL SERVICES 's p/e ratio hit its five-year low in Mar2020 of 0.19x.
How does ALLIED DIGITAL SERVICES '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) |
---|---|---|---|
ALLIED DIGITAL SERVICES | 730.0 | 1.94 | 1,415.7 |
TATA CONSULTANCY SERVICES LTD | 248,692.0 | 5.93 | 1,475,180.0 |
INFOSYS LTD | 157,045.0 | 4.85 | 761,605.0 |
HCL TECHNOLOGIES LTD | 113,864.0 | 4.38 | 498,256.0 |
WIPRO LTD | 88,678.8 | 3.29 | 291,513.0 |
LTIMINDTREE LTD | 36,485.0 | 4.81 | 175,612.0 |
TECH MAHINDRA LTD | 52,291.3 | 3.18 | 166,493.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 6,881.4 | 14.06 | 96,774.0 |
PERSISTENT SYSTEMS LTD | 10,723.1 | 8.23 | 88,269.1 |
L&T TECHNOLOGY SERVICES LTD | 9,994.1 | 5.47 | 54,655.5 |
TATA ELXSI LTD | 3,701.7 | 10.93 | 40,448.1 |
IT - Software Industry Benchmark (Top 10) PS Analysis vs ALLIED DIGITAL SERVICES 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 1.94x |
Max industry PS | 14.06x |
Median industry PS | 4.85x |
Average industry PS | 6.10x |
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