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SOFTTECH ENGINEERS
PS (Price/Sales) Ratio

The Current P/S Ratio of SOFTTECH ENGINEERS is 7.10.

Share Price ₹463.5Jan 17,2025
Market Cap ₹593.3 Cr
Sales-TTM₹83.5 CrTTM-Consolidated Results
Price/Sales7.10xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of SOFTTECH ENGINEERS

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 SOFTTECH ENGINEERS is calculated as :

Current Market Cap [ ₹593.3 Cr] as on Jan 17,2025

(/) Sales [ ₹83.5 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 7.10x ]

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

Thus, for SOFTTECH ENGINEERS , the investors are currently willing to pay '7.10 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 SOFTTECH ENGINEERS !

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

Historical PS (Price/Sales) ratio chart of SOFTTECH ENGINEERS


PS Ratio Performance Analysis for SOFTTECH ENGINEERS

- SOFTTECH ENGINEERS 's latest p/e ratio is 7.10x.

- SOFTTECH ENGINEERS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.37x.

- SOFTTECH ENGINEERS 's operated at median p/e ratio of 2.24x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SOFTTECH ENGINEERS 's p/e ratio peaked in Mar2024 at 4.86x.

- SOFTTECH ENGINEERS 's p/e ratio hit its five-year low in Mar2020 of 0.62x.


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

Peer Comparison (IT - Software Industry)Sales (Cr)PS RatioMarket Cap (Cr)
SOFTTECH ENGINEERS 83.57.10593.3
TATA CONSULTANCY SERVICES LTD252,082.05.921,492,710.0
INFOSYS LTD159,988.04.71753,678.0
HCL TECHNOLOGIES LTD115,308.04.21485,624.0
WIPRO LTD88,792.53.32295,099.0
LTIMINDTREE LTD37,129.34.70174,546.0
TECH MAHINDRA LTD52,475.63.09162,366.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD6,772.912.8587,037.5
PERSISTENT SYSTEMS LTD10,723.18.5791,848.5
L&T TECHNOLOGY SERVICES LTD10,225.35.5656,884.9
TATA ELXSI LTD3,726.710.3838,686.5

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

Top 10 Industry PeersPS Ratio
Min industry PS 3.09x
Max industry PS 12.85x
Median industry PS 5.56x
Average industry PS 6.40x



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