WIPRO
|
The Current P/S Ratio of WIPRO is 2.70.
Share Price | ₹464.4 | May 16,2024 |
Market Cap | ₹242,766.8 Cr | |
Sales-TTM | ₹89,760.3 Cr | TTM-Consolidated Results |
Price/Sales | 2.70x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of WIPRO
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹242,766.8 Cr] as on May 16,2024
(/) Sales [ ₹89,760.3 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 2.70x ]
Thus, for WIPRO , the investors are currently willing to pay '2.70 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 WIPRO !
The chart below summarizes the trend in P/S Ratio of WIPRO over the last five years.
Historical PS (Price/Sales) ratio chart of WIPRO
PS Ratio Performance Analysis for WIPRO
- WIPRO 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.88x.
- WIPRO 's operated at median p/e ratio of 2.6x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, WIPRO 's p/e ratio peaked in Mar2022 at 4.09x.
- WIPRO 's p/e ratio hit its five-year low in Mar2020 of 1.84x.
How does WIPRO '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) |
---|---|---|---|
WIPRO | 89,760.3 | 2.70 | 242,766.8 |
TATA CONSULTANCY SERVICES LTD | 240,893.0 | 5.86 | 1,411,160.0 |
INFOSYS LTD | 153,671.0 | 3.93 | 603,175.0 |
HCL TECHNOLOGIES LTD | 109,913.0 | 3.33 | 365,788.0 |
LTIMINDTREE LTD | 35,517.0 | 3.98 | 141,224.0 |
TECH MAHINDRA LTD | 51,995.5 | 2.46 | 127,836.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 6,373.0 | 10.73 | 68,396.7 |
PERSISTENT SYSTEMS LTD | 9,821.6 | 5.52 | 54,238.7 |
L&T TECHNOLOGY SERVICES LTD | 9,647.2 | 4.94 | 47,689.7 |
TATA ELXSI LTD | 3,552.2 | 12.80 | 45,450.3 |
MPHASIS LTD | 13,278.5 | 3.38 | 44,824.3 |
IT - Software Industry Benchmark (Top 10) PS Analysis vs WIPRO 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 2.46x |
Max industry PS | 12.80x |
Median industry PS | 3.98x |
Average industry PS | 5.42x |
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