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INDUS TOWERS
PS (Price/Sales) Ratio

The Current P/S Ratio of INDUS TOWERS is 2.97.

Share Price ₹329.2Nov 21,2024
Market Cap ₹86,836.4 Cr
Sales-TTM₹29,240.5 CrTTM-Consolidated Results
Price/Sales2.97xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of INDUS TOWERS

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 INDUS TOWERS is calculated as :

Current Market Cap [ ₹86,836.4 Cr] as on Nov 21,2024

(/) Sales [ ₹29,240.5 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 2.97x ]

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

Thus, for INDUS TOWERS , the investors are currently willing to pay '2.97 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 INDUS TOWERS !

The chart below summarizes the trend in P/S Ratio of INDUS TOWERS over the last five years.

Historical PS (Price/Sales) ratio chart of INDUS TOWERS


PS Ratio Performance Analysis for INDUS TOWERS

- INDUS TOWERS 's latest p/e ratio is 2.97x.

- INDUS TOWERS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.08x.

- INDUS TOWERS 's operated at median p/e ratio of 2.74x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, INDUS TOWERS 's p/e ratio peaked in Mar2021 at 4.74x.

- INDUS TOWERS 's p/e ratio hit its five-year low in Mar2023 of 1.36x.


How does INDUS TOWERS 's P/S Ratio benchmark against top 10 peers in Telecommunication - Service Provider Industry?

Peer Comparison (Telecommunication - Service Provider Industry)Sales (Cr)PS RatioMarket Cap (Cr)
INDUS TOWERS 29,240.52.9786,836.4
BHARTI AIRTEL LTD155,478.05.97928,181.0
VODAFONE IDEA LTD42,720.41.1348,232.3
TATA COMMUNICATIONS LTD22,725.72.1448,746.4
TATA TELESERVICES (MAHARASHTRA) LTD1,286.310.1313,035.5
RAILTEL CORPORATION OF INDIA LTD2,054.35.7011,701.4
HATHWAY CABLE & DATACOM LTD2,013.31.593,205.7
MAHANAGAR TELEPHONE NIGAM LTD759.33.532,680.0
RELIANCE COMMUNICATIONS LTD371.01.44533.8
GTL LTD242.10.77185.5

Telecommunication - Service Provider Industry Benchmark (Top 10) PS Analysis vs INDUS TOWERS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.77x
Max industry PS 10.13x
Median industry PS 2.97x
Average industry PS 3.54x



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