TATA COMMUNICATIONS
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The Current P/S Ratio of TATA COMMUNICATIONS is 2.18.
Share Price | ₹1,739.1 | Nov 22,2024 |
Market Cap | ₹49,562.9 Cr | |
Sales-TTM | ₹22,725.7 Cr | TTM-Consolidated Results |
Price/Sales | 2.18x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of TATA COMMUNICATIONS
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹49,562.9 Cr] as on Nov 22,2024
(/) Sales [ ₹22,725.7 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 2.18x ]
Thus, for TATA COMMUNICATIONS , the investors are currently willing to pay '2.18 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 TATA COMMUNICATIONS !
The chart below summarizes the trend in P/S Ratio of TATA COMMUNICATIONS over the last five years.
Historical PS (Price/Sales) ratio chart of TATA COMMUNICATIONS
PS Ratio Performance Analysis for TATA COMMUNICATIONS
- TATA COMMUNICATIONS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.79x.
- TATA COMMUNICATIONS 's operated at median p/e ratio of 1.99x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TATA COMMUNICATIONS 's p/e ratio peaked in Mar2024 at 2.73x.
- TATA COMMUNICATIONS 's p/e ratio hit its five-year low in Mar2020 of 0.39x.
How does TATA COMMUNICATIONS 's P/S Ratio benchmark against top 10 peers in Telecommunication - Service Provider Industry?
Peer Comparison (Telecommunication - Service Provider Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
TATA COMMUNICATIONS | 22,725.7 | 2.18 | 49,562.9 |
BHARTI AIRTEL LTD | 155,478.0 | 6.15 | 955,662.0 |
INDUS TOWERS LTD | 29,240.5 | 2.98 | 87,085.8 |
VODAFONE IDEA LTD | 42,720.4 | 1.09 | 46,489.8 |
TATA TELESERVICES (MAHARASHTRA) LTD | 1,286.3 | 10.16 | 13,066.7 |
RAILTEL CORPORATION OF INDIA LTD | 2,054.3 | 5.70 | 11,711.0 |
HATHWAY CABLE & DATACOM LTD | 2,013.3 | 1.60 | 3,212.7 |
MAHANAGAR TELEPHONE NIGAM LTD | 759.3 | 3.57 | 2,709.6 |
RELIANCE COMMUNICATIONS LTD | 371.0 | 1.44 | 533.8 |
GTL LTD | 242.1 | 0.77 | 186.7 |
Telecommunication - Service Provider Industry Benchmark (Top 10) PS Analysis vs TATA COMMUNICATIONS 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.77x |
Max industry PS | 10.16x |
Median industry PS | 2.98x |
Average industry PS | 3.56x |
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