MINDTECK (INDIA)
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The Current P/S Ratio of MINDTECK (INDIA) is 2.34.
Share Price | ₹301.8 | Dec 24,2024 |
Market Cap | ₹959.6 Cr | |
Sales-TTM | ₹410.0 Cr | TTM-Consolidated Results |
Price/Sales | 2.34x | Calculated as Market Cap/Sales |
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Definition & Calculation of PS (Price/Sales) ratio of MINDTECK (INDIA)
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
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 ]
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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
MINDTECK (INDIA) | 410.0 | 2.34 | 959.6 |
TATA CONSULTANCY SERVICES LTD | 248,692.0 | 6.08 | 1,512,600.0 |
INFOSYS LTD | 157,045.0 | 5.05 | 792,793.0 |
HCL TECHNOLOGIES LTD | 113,864.0 | 4.52 | 514,592.0 |
WIPRO LTD | 88,678.8 | 3.60 | 319,533.0 |
LTIMINDTREE LTD | 36,485.0 | 4.65 | 169,637.0 |
TECH MAHINDRA LTD | 52,291.3 | 3.19 | 167,010.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 6,881.4 | 15.50 | 106,648.0 |
PERSISTENT SYSTEMS LTD | 10,723.1 | 9.13 | 97,863.3 |
L&T TECHNOLOGY SERVICES LTD | 9,994.1 | 5.01 | 50,081.2 |
TATA ELXSI LTD | 3,701.7 | 11.54 | 42,714.9 |
IT - Software Industry Benchmark (Top 10) PS Analysis vs MINDTECK (INDIA) 's P/S Ratio
Top 10 Industry Peers | PS 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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