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TATA COMMUNICATIONS
PS (Price/Sales) Ratio

The Current P/S Ratio of TATA COMMUNICATIONS is 2.18.

Share Price ₹1,739.1Nov 22,2024
Market Cap ₹49,562.9 Cr
Sales-TTM₹22,725.7 CrTTM-Consolidated Results
Price/Sales2.18xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of TATA COMMUNICATIONS

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 TATA COMMUNICATIONS is calculated as :

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 ]

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

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 latest p/e ratio is 2.18x.

- 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 RatioMarket Cap (Cr)
TATA COMMUNICATIONS 22,725.72.1849,562.9
BHARTI AIRTEL LTD155,478.06.15955,662.0
INDUS TOWERS LTD29,240.52.9887,085.8
VODAFONE IDEA LTD42,720.41.0946,489.8
TATA TELESERVICES (MAHARASHTRA) LTD1,286.310.1613,066.7
RAILTEL CORPORATION OF INDIA LTD2,054.35.7011,711.0
HATHWAY CABLE & DATACOM LTD2,013.31.603,212.7
MAHANAGAR TELEPHONE NIGAM LTD759.33.572,709.6
RELIANCE COMMUNICATIONS LTD371.01.44533.8
GTL LTD242.10.77186.7

Telecommunication - Service Provider Industry Benchmark (Top 10) PS Analysis vs TATA COMMUNICATIONS 's P/S Ratio

Top 10 Industry PeersPS 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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