ELNET TECHNOLOGIES
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The Current P/S Ratio of ELNET TECHNOLOGIES is 6.66.
Share Price | ₹394.2 | Feb 18,2025 |
Market Cap | ₹157.7 Cr | |
Sales-TTM | ₹23.7 Cr | TTM-Standalone Results |
Price/Sales | 6.66x | 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 [ ₹157.7 Cr] as on Feb 18,2025
(/) Sales [ ₹23.7 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 6.66x ]
Thus, for ELNET TECHNOLOGIES , the investors are currently willing to pay '6.66 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 | 23.7 | 6.66 | 157.7 |
TATA CONSULTANCY SERVICES LTD | 252,082.0 | 5.55 | 1,400,000.0 |
INFOSYS LTD | 159,988.0 | 4.81 | 768,879.0 |
HCL TECHNOLOGIES LTD | 115,308.0 | 4.06 | 468,039.0 |
WIPRO LTD | 88,792.5 | 3.68 | 326,816.0 |
LTIMINDTREE LTD | 37,129.3 | 4.52 | 167,961.0 |
TECH MAHINDRA LTD | 52,475.6 | 3.18 | 166,843.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 6,772.9 | 11.22 | 75,990.4 |
PERSISTENT SYSTEMS LTD | 11,287.1 | 7.91 | 89,295.9 |
L&T TECHNOLOGY SERVICES LTD | 10,225.3 | 5.11 | 52,215.1 |
TATA ELXSI LTD | 3,726.7 | 10.20 | 38,001.1 |
IT - Software Industry Benchmark (Top 10) PS Analysis vs ELNET TECHNOLOGIES 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 3.18x |
Max industry PS | 11.22x |
Median industry PS | 5.11x |
Average industry PS | 6.08x |
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