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Cigniti Technologies (BOM:534758) Median PS Value : ₹687.95 (As of May. 23, 2024)


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What is Cigniti Technologies Median PS Value?

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Cigniti Technologies's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ₹501.566. Cigniti Technologies's 10-Year median PS Ratio is 1.3716. Therefore, the Median PS Value for today is ₹687.95.

As of today (2024-05-23), Cigniti Technologies's share price is ₹1315.50. Cigniti Technologies's Median PS Value is ₹687.95. Therefore, Cigniti Technologies's Price to Median PS Value for today is 1.91.

The historical rank and industry rank for Cigniti Technologies's Median PS Value or its related term are showing as below:

BOM:534758' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.87   Med: 1.36   Max: 1.93
Current: 1.91

During the past 13 years, the highest Price to Median PS Value of Cigniti Technologies was 1.93. The lowest was 0.87. And the median was 1.36.

BOM:534758's Price-to-Median-PS-Value is ranked worse than
85.62% of 1029 companies
in the Software industry
Industry Median: 0.97 vs BOM:534758: 1.91

Cigniti Technologies Median PS Value Historical Data

The historical data trend for Cigniti Technologies's Median PS Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cigniti Technologies Median PS Value Chart

Cigniti Technologies Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 851.44 687.95

Cigniti Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Median PS Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 827.80 851.44 654.56 673.24 687.95

Competitive Comparison of Cigniti Technologies's Median PS Value

For the Information Technology Services subindustry, Cigniti Technologies's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cigniti Technologies's Price-to-Median-PS-Value Distribution in the Software Industry

For the Software industry and Technology sector, Cigniti Technologies's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Cigniti Technologies's Price-to-Median-PS-Value falls into.



Cigniti Technologies Median PS Value Calculation

Cigniti Technologies's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=501.566*1.3716
=687.95

10-Year Median PS Ratio is 1.3716.
Cigniti Technologies's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹501.566.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cigniti Technologies  (BOM:534758) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

Cigniti Technologies's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=1315.50/687.95
=1.91

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cigniti Technologies Median PS Value Related Terms

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Cigniti Technologies (BOM:534758) Business Description

Traded in Other Exchanges
Address
MGR Estates, Dwarakapuri Colony, Suite No. 106 and 107, 6-3-456/C, Punjagutta, Hyderabad, TG, IND, 500082
Cigniti Technologies Ltd is an India-based company engaged in Independent Software Testing Services. Its test offerings include Quality Engineering, Advisory and Transformation, Next Generation Testing, and Core Testing. The company's services include Agile testing, DevOps QA, Service Virtualization, Test Data Management, mobile testing, digital QA, Big Data and analytics testing, e-commerce testing, energy and utilities, medical device testing and game testing. It also provides functional testing, test automation, performance testing, security testing, enterprise resource planning (ERP) testing, regression testing, and globalization testing amongst others.

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