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INNOVANA THINKLABS
PS (Price/Sales) Ratio

The Current P/S Ratio of INNOVANA THINKLABS is 9.38.

Share Price ₹437.0Feb 05,2025
Market Cap ₹895.9 Cr
Sales-TTM₹95.5 CrTTM-Consolidated Results
Price/Sales9.38xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of INNOVANA THINKLABS

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 INNOVANA THINKLABS is calculated as :

Current Market Cap [ ₹895.9 Cr] as on Feb 05,2025

(/) Sales [ ₹95.5 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 9.38x ]

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

Thus, for INNOVANA THINKLABS , the investors are currently willing to pay '9.38 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 INNOVANA THINKLABS !

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

Historical PS (Price/Sales) ratio chart of INNOVANA THINKLABS


PS Ratio Performance Analysis for INNOVANA THINKLABS

- INNOVANA THINKLABS 's latest p/e ratio is 9.38x.

- INNOVANA THINKLABS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 6.02x.

- INNOVANA THINKLABS 's operated at median p/e ratio of 8.05x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, INNOVANA THINKLABS 's p/e ratio peaked in Mar2024 at 10.98x.

- INNOVANA THINKLABS 's p/e ratio hit its five-year low in Mar2020 of 1.16x.


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

Peer Comparison (IT - Software Industry)Sales (Cr)PS RatioMarket Cap (Cr)
INNOVANA THINKLABS 95.59.38895.9
TATA CONSULTANCY SERVICES LTD252,082.05.871,480,070.0
INFOSYS LTD159,988.04.92787,728.0
HCL TECHNOLOGIES LTD115,308.04.03464,797.0
WIPRO LTD88,792.53.74332,031.0
LTIMINDTREE LTD37,129.34.81178,432.0
TECH MAHINDRA LTD52,475.63.10162,565.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD6,772.911.9380,827.0
PERSISTENT SYSTEMS LTD11,287.18.4595,344.6
L&T TECHNOLOGY SERVICES LTD10,225.35.8159,428.1
TATA ELXSI LTD3,726.710.6839,783.6

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

Top 10 Industry PeersPS Ratio
Min industry PS 3.10x
Max industry PS 11.93x
Median industry PS 5.81x
Average industry PS 6.61x



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