Home > PS Ratio > ELNET TECHNOLOGIES

ELNET TECHNOLOGIES
PS (Price/Sales) Ratio

The Current P/S Ratio of ELNET TECHNOLOGIES is 6.66.

Share Price ₹394.2Feb 18,2025
Market Cap ₹157.7 Cr
Sales-TTM₹23.7 CrTTM-Standalone Results
Price/Sales6.66xCalculated as Market Cap/Sales
Explore Stock Analytics
COMMUNITY POLL
for ELNET TECHNOLOGIES
Please provide your vote to see the results

Definition & Calculation of PS (Price/Sales) ratio of ELNET TECHNOLOGIES

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 ELNET TECHNOLOGIES is calculated as :

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 ]

P/S Ratio indicates 'the multiple of sales' investors are willing to pay to own one share of the company.

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 latest p/e ratio is 6.66x.

- 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 RatioMarket Cap (Cr)
ELNET TECHNOLOGIES 23.76.66157.7
TATA CONSULTANCY SERVICES LTD252,082.05.551,400,000.0
INFOSYS LTD159,988.04.81768,879.0
HCL TECHNOLOGIES LTD115,308.04.06468,039.0
WIPRO LTD88,792.53.68326,816.0
LTIMINDTREE LTD37,129.34.52167,961.0
TECH MAHINDRA LTD52,475.63.18166,843.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD6,772.911.2275,990.4
PERSISTENT SYSTEMS LTD11,287.17.9189,295.9
L&T TECHNOLOGY SERVICES LTD10,225.35.1152,215.1
TATA ELXSI LTD3,726.710.2038,001.1

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

Top 10 Industry PeersPS Ratio
Min industry PS 3.18x
Max industry PS 11.22x
Median industry PS 5.11x
Average industry PS 6.08x



You may also like the below Video Courses