INDUS TOWERS
|
The Current P/S Ratio of INDUS TOWERS is 2.97.
Share Price | ₹329.2 | Nov 21,2024 |
Market Cap | ₹86,836.4 Cr | |
Sales-TTM | ₹29,240.5 Cr | TTM-Consolidated Results |
Price/Sales | 2.97x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of INDUS TOWERS
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
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 ]
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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
INDUS TOWERS | 29,240.5 | 2.97 | 86,836.4 |
BHARTI AIRTEL LTD | 155,478.0 | 5.97 | 928,181.0 |
VODAFONE IDEA LTD | 42,720.4 | 1.13 | 48,232.3 |
TATA COMMUNICATIONS LTD | 22,725.7 | 2.14 | 48,746.4 |
TATA TELESERVICES (MAHARASHTRA) LTD | 1,286.3 | 10.13 | 13,035.5 |
RAILTEL CORPORATION OF INDIA LTD | 2,054.3 | 5.70 | 11,701.4 |
HATHWAY CABLE & DATACOM LTD | 2,013.3 | 1.59 | 3,205.7 |
MAHANAGAR TELEPHONE NIGAM LTD | 759.3 | 3.53 | 2,680.0 |
RELIANCE COMMUNICATIONS LTD | 371.0 | 1.44 | 533.8 |
GTL LTD | 242.1 | 0.77 | 185.5 |
Telecommunication - Service Provider Industry Benchmark (Top 10) PS Analysis vs INDUS TOWERS 's P/S Ratio
Top 10 Industry Peers | PS 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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