TECH MAHINDRA
|
The Current P/S Ratio of TECH MAHINDRA is 2.45.
Share Price | ₹1,305.5 | May 18,2024 |
Market Cap | ₹127,534.3 Cr | |
Sales-TTM | ₹51,995.5 Cr | TTM-Consolidated Results |
Price/Sales | 2.45x | Calculated as Market Cap/Sales |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of TECH MAHINDRA
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹127,534.3 Cr] as on May 18,2024
(/) Sales [ ₹51,995.5 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 2.45x ]
Thus, for TECH MAHINDRA , the investors are currently willing to pay '2.45 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 TECH MAHINDRA !
The chart below summarizes the trend in P/S Ratio of TECH MAHINDRA over the last five years.
Historical PS (Price/Sales) ratio chart of TECH MAHINDRA
PS Ratio Performance Analysis for TECH MAHINDRA
- TECH MAHINDRA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.08x.
- TECH MAHINDRA 's operated at median p/e ratio of 1.98x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TECH MAHINDRA 's p/e ratio peaked in Mar2022 at 2.95x.
- TECH MAHINDRA 's p/e ratio hit its five-year low in Mar2020 of 1.34x.
How does TECH MAHINDRA '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) |
---|---|---|---|
TECH MAHINDRA | 51,995.5 | 2.45 | 127,534.3 |
TATA CONSULTANCY SERVICES LTD | 240,893.0 | 5.78 | 1,392,960.0 |
INFOSYS LTD | 153,671.0 | 3.90 | 599,376.0 |
HCL TECHNOLOGIES LTD | 109,913.0 | 3.31 | 363,265.0 |
WIPRO LTD | 89,760.3 | 2.69 | 241,720.0 |
LTIMINDTREE LTD | 35,517.0 | 3.96 | 140,704.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 6,373.0 | 10.61 | 67,592.5 |
PERSISTENT SYSTEMS LTD | 9,821.6 | 5.53 | 54,345.8 |
L&T TECHNOLOGY SERVICES LTD | 9,647.2 | 4.88 | 47,088.5 |
TATA ELXSI LTD | 3,552.2 | 12.82 | 45,530.9 |
MPHASIS LTD | 13,278.5 | 3.30 | 43,877.3 |
IT - Software Industry Benchmark (Top 10) PS Analysis vs TECH MAHINDRA 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 2.45x |
Max industry PS | 12.82x |
Median industry PS | 3.96x |
Average industry PS | 5.39x |
You may also like the below Video Courses