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MINDTECK (INDIA)
PS (Price/Sales) Ratio

The Current P/S Ratio of MINDTECK (INDIA) is 2.34.

Share Price ₹301.8Dec 24,2024
Market Cap ₹959.6 Cr
Sales-TTM₹410.0 CrTTM-Consolidated Results
Price/Sales2.34xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of MINDTECK (INDIA)

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 MINDTECK (INDIA) is calculated as :

Current Market Cap [ ₹959.6 Cr] as on Dec 24,2024

(/) Sales [ ₹410.0 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 2.34x ]

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

Thus, for MINDTECK (INDIA) , the investors are currently willing to pay '2.34 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 MINDTECK (INDIA) !

The chart below summarizes the trend in P/S Ratio of MINDTECK (INDIA) over the last five years.

Historical PS (Price/Sales) ratio chart of MINDTECK (INDIA)


PS Ratio Performance Analysis for MINDTECK (INDIA)

- MINDTECK (INDIA) 's latest p/e ratio is 2.34x.

- MINDTECK (INDIA) 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.74x.

- MINDTECK (INDIA) 's operated at median p/e ratio of 0.77x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MINDTECK (INDIA) 's p/e ratio peaked in Mar2024 at 1.32x.

- MINDTECK (INDIA) 's p/e ratio hit its five-year low in Mar2020 of 0.13x.


How does MINDTECK (INDIA) 's P/S Ratio benchmark against top 10 peers in IT - Software Industry?

Peer Comparison (IT - Software Industry)Sales (Cr)PS RatioMarket Cap (Cr)
MINDTECK (INDIA) 410.02.34959.6
TATA CONSULTANCY SERVICES LTD248,692.06.081,512,600.0
INFOSYS LTD157,045.05.05792,793.0
HCL TECHNOLOGIES LTD113,864.04.52514,592.0
WIPRO LTD88,678.83.60319,533.0
LTIMINDTREE LTD36,485.04.65169,637.0
TECH MAHINDRA LTD52,291.33.19167,010.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD6,881.415.50106,648.0
PERSISTENT SYSTEMS LTD10,723.19.1397,863.3
L&T TECHNOLOGY SERVICES LTD9,994.15.0150,081.2
TATA ELXSI LTD3,701.711.5442,714.9

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

Top 10 Industry PeersPS Ratio
Min industry PS 2.34x
Max industry PS 15.50x
Median industry PS 5.01x
Average industry PS 6.42x



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