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WIPRO
PS (Price/Sales) Ratio

The Current P/S Ratio of WIPRO is 2.70.

Share Price ₹464.4May 16,2024
Market Cap ₹242,766.8 Cr
Sales-TTM₹89,760.3 CrTTM-Consolidated Results
Price/Sales2.70xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of WIPRO

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 WIPRO is calculated as :

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 ]

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

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 latest p/e ratio is 2.70x.

- 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 RatioMarket Cap (Cr)
WIPRO 89,760.32.70242,766.8
TATA CONSULTANCY SERVICES LTD240,893.05.861,411,160.0
INFOSYS LTD153,671.03.93603,175.0
HCL TECHNOLOGIES LTD109,913.03.33365,788.0
LTIMINDTREE LTD35,517.03.98141,224.0
TECH MAHINDRA LTD51,995.52.46127,836.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD6,373.010.7368,396.7
PERSISTENT SYSTEMS LTD9,821.65.5254,238.7
L&T TECHNOLOGY SERVICES LTD9,647.24.9447,689.7
TATA ELXSI LTD3,552.212.8045,450.3
MPHASIS LTD13,278.53.3844,824.3

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

Top 10 Industry PeersPS 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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