ELNET TECHNOLOGIES
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The Current P/S Ratio of ELNET TECHNOLOGIES is 6.09.
Share Price | ₹374.2 | Nov 22,2024 |
Market Cap | ₹149.7 Cr | |
Sales-TTM | ₹24.6 Cr | TTM-Standalone Results |
Price/Sales | 6.09x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of ELNET TECHNOLOGIES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹149.7 Cr] as on Nov 22,2024
(/) Sales [ ₹24.6 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 6.09x ]
Thus, for ELNET TECHNOLOGIES , the investors are currently willing to pay '6.09 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 ELNET TECHNOLOGIES !
The chart below summarizes the trend in P/S Ratio of ELNET TECHNOLOGIES over the last five years.
Historical PS (Price/Sales) ratio chart of ELNET TECHNOLOGIES
PS Ratio Performance Analysis for ELNET TECHNOLOGIES
- ELNET TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.83x.
- ELNET TECHNOLOGIES '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, ELNET TECHNOLOGIES 's p/e ratio peaked in Mar2024 at 5.06x.
- ELNET TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2020 of 1.33x.
How does ELNET 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) |
---|---|---|---|
ELNET TECHNOLOGIES | 24.6 | 6.09 | 149.7 |
TATA CONSULTANCY SERVICES LTD | 248,692.0 | 6.18 | 1,536,150.0 |
INFOSYS LTD | 157,045.0 | 5.03 | 790,152.0 |
HCL TECHNOLOGIES LTD | 113,864.0 | 4.53 | 515,339.0 |
WIPRO LTD | 88,678.8 | 3.37 | 298,942.0 |
LTIMINDTREE LTD | 36,485.0 | 4.98 | 181,534.0 |
TECH MAHINDRA LTD | 52,291.3 | 3.27 | 171,034.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 6,881.4 | 14.54 | 100,044.0 |
PERSISTENT SYSTEMS LTD | 10,723.1 | 8.32 | 89,208.8 |
L&T TECHNOLOGY SERVICES LTD | 9,994.1 | 5.62 | 56,147.3 |
TATA ELXSI LTD | 3,701.7 | 11.08 | 41,013.9 |
IT - Software Industry Benchmark (Top 10) PS Analysis vs ELNET TECHNOLOGIES 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 3.27x |
Max industry PS | 14.54x |
Median industry PS | 5.62x |
Average industry PS | 6.64x |
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