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INFOSYS
PS (Price/Sales) Ratio

The Current P/S Ratio of INFOSYS is 3.90.

Share Price ₹1,444.1May 17,2024
Market Cap ₹599,497.4 Cr
Sales-TTM₹153,671.0 CrTTM-Consolidated Results
Price/Sales3.90xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of INFOSYS

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 INFOSYS is calculated as :

Current Market Cap [ ₹599,497.4 Cr] as on May 17,2024

(/) Sales [ ₹153,671.0 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 3.90x ]

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

Thus, for INFOSYS , the investors are currently willing to pay '3.90 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 INFOSYS !

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

Historical PS (Price/Sales) ratio chart of INFOSYS


PS Ratio Performance Analysis for INFOSYS

- INFOSYS 's latest p/e ratio is 3.90x.

- INFOSYS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 4.68x.

- INFOSYS 's operated at median p/e ratio of 4.04x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, INFOSYS 's p/e ratio peaked in Mar2022 at 6.57x.

- INFOSYS 's p/e ratio hit its five-year low in Mar2020 of 2.99x.


How does INFOSYS 's P/S Ratio benchmark against top 10 peers in IT - Software Industry?

Peer Comparison (IT - Software Industry)Sales (Cr)PS RatioMarket Cap (Cr)
INFOSYS 153,671.03.90599,497.4
TATA CONSULTANCY SERVICES LTD240,893.05.761,387,160.0
HCL TECHNOLOGIES LTD109,913.03.29361,718.0
WIPRO LTD89,760.32.69241,040.0
LTIMINDTREE LTD35,517.03.97141,137.0
TECH MAHINDRA LTD51,995.52.45127,469.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD6,373.010.5967,474.2
PERSISTENT SYSTEMS LTD9,821.65.5554,501.4
L&T TECHNOLOGY SERVICES LTD9,647.24.8847,123.4
TATA ELXSI LTD3,552.212.9045,831.4
MPHASIS LTD13,278.53.2943,680.7

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

Top 10 Industry PeersPS Ratio
Min industry PS 2.45x
Max industry PS 12.90x
Median industry PS 3.97x
Average industry PS 5.39x



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