CIGNITI TECHNOLOGIES
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The Current P/S Ratio of CIGNITI TECHNOLOGIES is 2.69.
Share Price | ₹1,865.0 | Dec 20,2024 |
Market Cap | ₹5,091.3 Cr | |
Sales-TTM | ₹1,891.3 Cr | TTM-Consolidated Results |
Price/Sales | 2.69x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of CIGNITI TECHNOLOGIES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹5,091.3 Cr] as on Dec 20,2024
(/) Sales [ ₹1,891.3 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 2.69x ]
Thus, for CIGNITI TECHNOLOGIES , 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 CIGNITI TECHNOLOGIES !
The chart below summarizes the trend in P/S Ratio of CIGNITI TECHNOLOGIES over the last five years.
Historical PS (Price/Sales) ratio chart of CIGNITI TECHNOLOGIES
PS Ratio Performance Analysis for CIGNITI TECHNOLOGIES
- CIGNITI TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.14x.
- CIGNITI TECHNOLOGIES 's operated at median p/e ratio of 0.98x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, CIGNITI TECHNOLOGIES 's p/e ratio peaked in Mar2024 at 1.9x.
- CIGNITI TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2020 of 0.62x.
How does CIGNITI TECHNOLOGIES '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) |
---|---|---|---|
CIGNITI TECHNOLOGIES | 1,891.3 | 2.69 | 5,091.3 |
TATA CONSULTANCY SERVICES LTD | 248,692.0 | 6.06 | 1,508,040.0 |
INFOSYS LTD | 157,045.0 | 5.08 | 798,087.0 |
HCL TECHNOLOGIES LTD | 113,864.0 | 4.55 | 518,636.0 |
WIPRO LTD | 88,678.8 | 3.60 | 319,428.0 |
LTIMINDTREE LTD | 36,485.0 | 4.73 | 172,463.0 |
TECH MAHINDRA LTD | 52,291.3 | 3.15 | 164,945.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 6,881.4 | 15.46 | 106,361.0 |
PERSISTENT SYSTEMS LTD | 10,723.1 | 9.15 | 98,082.1 |
L&T TECHNOLOGY SERVICES LTD | 9,994.1 | 5.12 | 51,163.7 |
TATA ELXSI LTD | 3,701.7 | 11.65 | 43,118.4 |
IT - Software Industry Benchmark (Top 10) PS Analysis vs CIGNITI TECHNOLOGIES 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 2.69x |
Max industry PS | 15.46x |
Median industry PS | 5.08x |
Average industry PS | 6.48x |
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