L&T Technology Services (NSE:LTTS) PS Ratio: 2.87 (As of Jul. 09, 2026) — 31% Below Median


NSE:LTTS L&T Technology Services Ltd NSE:LTTS
96 GF Score
Price ₹3,141.10
GF Value ₹5,250.89
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is L&T Technology Services PS Ratio?

L&T Technology Services NSE:LTTS -2.49% 96 PS Ratio is 2.87 as of Jul. 09, 2026, which is 31% below its 10-year median of 4.17. GuruFocus rates NSE:LTTS with a GF Score™ of 96/100 and a GF Value™ of ₹5,250.89 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,776 Software companies, L&T Technology Services ranks worse than 60.09% on this metric.

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, L&T Technology Services's share price is ₹3141.10. L&T Technology Services's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹1,095.79. Hence, L&T Technology Services's PS Ratio for today is 2.87.

Good Sign:

L&T Technology Services Ltd stock PS Ratio (=3.09) is close to 5-year low of 2.93.

The historical rank and industry rank for L&T Technology Services's PS Ratio or its related term are showing as below:

NSE:LTTS' s PS Ratio Range Over the Past 10 Years
Min: 2.01   Med: 4.17   Max: 9.95
Current: 2.87

During the past 12 years, L&T Technology Services's highest PS Ratio was 9.95. The lowest was 2.01. And the median was 4.17.

NSE:LTTS's PS Ratio is ranked worse than
60.09% of 2776 companies
in the Software industry
Industry Median: 2.02 vs NSE:LTTS: 2.87

L&T Technology Services's Revenue per Sharefor the three months ended in Mar. 2026 was ₹269.27. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹1,095.79.

Good Sign:

L&T Technology Services Ltd has shown predictable revenue and earnings growth.

During the past 12 months, the average Revenue per Share Growth Rate of L&T Technology Services was 14.00% per year. During the past 3 years, the average Revenue per Share Growth Rate was 7.60% per year. During the past 5 years, the average Revenue per Share Growth Rate was 14.40% per year. During the past 10 years, the average Revenue per Share Growth Rate was 14.10% per year.

During the past 12 years, L&T Technology Services's highest 3-Year average Revenue per Share Growth Rate was 20.80% per year. The lowest was 7.60% per year. And the median was 13.40% per year.

Back to Basics: PS Ratio


L&T Technology Services  (NSE:LTTS) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


L&T Technology Services PS Ratio Related Terms


L&T Technology Services PS Ratio Historical Data

* Premium members only.

The historical data trend for L&T Technology Services's PS Ratio 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.

L&T Technology Services PS Ratio Chart

L&T Technology Services Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.20 4.06 6.02 4.95 3.01

L&T Technology Services Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PS Ratio 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 4.95 4.35 3.92 4.15 3.01

NSE:LTTS vs IBM, ACN, FISV: PS Ratio Comparison

For the Information Technology Services subindustry, L&T Technology Services's PS Ratio, along with its competitors' market caps and PS Ratio 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.


L&T Technology Services PS Ratio vs Software Industry

For the Software industry and Technology sector, L&T Technology Services's PS Ratio distribution charts can be found below:

* The bar in red indicates where L&T Technology Services's PS Ratio falls into.


NSE:LTTS
96GF Score
L&T Technology Services Ltd NSE:LTTS
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

L&T Technology Services PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

L&T Technology Services's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=3141.10/1095.794
=2.87

L&T Technology Services's Share Price of today is ₹3141.10.
L&T Technology Services's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹1,095.79.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 2.87 mean?
L&T Technology Services (NSE:LTTS) has a PS Ratio of 2.87 as of Jul. 09, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on L&T Technology Services and its competitors. This is 31% below median its historical median of 4.17. Over the past decade, L&T Technology Services' PS Ratio has ranged from 2.01 to 9.95. According to the industry distribution chart, L&T Technology Services ranks #1668 out of 2776 companies in the Software industry, placing it in the top 60.1%.
Is L&T Technology Services' PS Ratio too high?
L&T Technology Services' current PS Ratio of 2.87 is 31% below median its 10-year median of 4.17. Over the past 10 years, this metric has ranged from a low of 2.01 to a high of 9.95. The Software industry median PS Ratio is 2.02. L&T Technology Services' value of 2.87 is 42.1% above this industry median. Based on the distribution chart, L&T Technology Services ranks #1668 out of 2776 companies in the Software industry, which is below the industry midpoint. Overall, L&T Technology Services has a GF Score™ of 96/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does L&T Technology Services' PS Ratio compare to IBM and ACN?
According to the Software industry distribution chart, L&T Technology Services ranks #1668 out of 2776 companies for PS Ratio. This places L&T Technology Services in the lower half of its industry. The industry median PS Ratio is 2.02. L&T Technology Services' value of 2.87 is 42.1% above this benchmark. Historically, L&T Technology Services' own PS Ratio has ranged from 2.01 to 9.95 over the past decade. While the company's 10-year median is 4.17 vs. the industry median of 2.02, L&T Technology Services has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PS Ratio for a Software company?
The median PS Ratio among Software companies is 2.02, based on 2,776 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. L&T Technology Services's current PS Ratio of 2.87 is 42.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on L&T Technology Services and its competitors. For the Software industry, the median PS Ratio is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. L&T Technology Services's current PS Ratio is 2.87, which is 31% below median its own 10-year median of 4.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is L&T Technology Services stock overvalued right now?
Based on GuruFocus' analysis, L&T Technology Services (NSE:LTTS) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹5,250.89, compared to a current price of ₹3,141.10 — trading 40.2% below its estimated fair value. The current PS Ratio is 2.87, which is 31% below median its 10-year median of 4.17 and 42.1% above the Software industry median of 2.02. L&T Technology Services' overall GF Score™ is 96/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For L&T Technology Services (NSE:LTTS), the current PS Ratio is 2.87 as of Jul. 09, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is L&T Technology Services (NSE:LTTS) Overvalued in 2026?

Based on GuruFocus' analysis, L&T Technology Services stock appears to be undervalued. The current stock price of ₹3,141.10 is trading 40.2% below its estimated GF Value™ of ₹5,250.89. GuruFocus considers L&T Technology Services to be Significantly Undervalued.

Key valuation signals for NSE:LTTS:

  • PS Ratio: 2.87 (31% below median its 10-year median of 4.17)
  • GF Value™: ₹5,250.89 vs. price of ₹3,141.10 (40.2% below fair value)
  • GF Score™: 96/100 with 3 warning signs
  • Industry Position: 42.1% above the Software median (#1668 of 2776)

No single metric tells the full story. See the NSE:LTTS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


L&T Technology Services Business Description

Other Exchanges 540115:India
Address National Highway No. 8, Ajwa Waghodia Crossing, West Block-II, L&T Knowledge City (IT/ITES) SEZ, Vadodara, GJ, IND, 390 019
L&T Technology Services Ltd is a provider of engineering and research services in connection to embedded systems and other engineering support services. The company's operating segments include Mobility, Sustainability and Tech. It derives the majority of its revenue from the Sustainability segment. Geographically, it derives a majority of its revenue from North America, while it also has its presence in Europe, India, and Rest of the world. The services provided by the company are Digital engineering & consulting, Product consulting, Manufacturing engineering, and Plant engineering.
96GF Score

Get the complete analysis for NSE:LTTS

PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹3,141.10
Price
₹5,250.89
GF Value