Wipro Price To Sales Ratio vs Net Income Per Share Analysis

WIT Stock

USD 6.99 0.04 0.57%

Wipro Limited financial indicator trend analysis is more than just analyzing Wipro Limited ADR current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wipro Limited ADR is a good investment. Please check the relationship between Wipro Limited Price To Sales Ratio and its Net Income Per Share accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wipro Limited ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Price To Sales Ratio vs Net Income Per Share

Price To Sales Ratio vs Net Income Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wipro Limited ADR Price To Sales Ratio account and Net Income Per Share. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Wipro Limited's Price To Sales Ratio and Net Income Per Share is -0.66. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Net Income Per Share in the same time period over historical financial statements of Wipro Limited ADR, assuming nothing else is changed. The correlation between historical values of Wipro Limited's Price To Sales Ratio and Net Income Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Wipro Limited ADR are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Price To Sales Ratio i.e., Wipro Limited's Price To Sales Ratio and Net Income Per Share go up and down completely randomly.

Correlation Coefficient

-0.66

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Wipro Limited ADR stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Wipro Limited sales, a figure that is much harder to manipulate than other Wipro Limited ADR multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Net Income Per Share

Most indicators from Wipro Limited's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wipro Limited ADR current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wipro Limited ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

At this time, Wipro Limited's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 2 T in 2024, whereas Tax Provision is likely to drop slightly above 31 B in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	235.1B	259.4B	266.1B	279.4B
Total Revenue	790.9B	904.9B	897.6B	942.5B

Gross Profit Total Revenue

Wipro Limited fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets
Total Assets		0.95	0.83	0.8	1.0	0.8	0.9	0.5	0.98	0.02	0.32	0.97	0.53	0.29	0.83	0.96	0.78	0.74	-0.72	0.89	-0.39	0.28	-0.37	0.99	0.87	0.98
Short Long Term Debt Total	0.95		0.77	0.82	0.93	0.73	0.85	0.71	0.92	0.0	0.09	0.92	0.41	0.31	0.86	0.9	0.76	0.62	-0.62	0.86	-0.32	0.23	-0.32	0.97	0.81	0.93
Other Current Liab	0.83	0.77		0.62	0.8	0.72	0.71	0.45	0.73	-0.47	0.18	0.91	0.4	0.08	0.81	0.68	0.55	0.87	-0.85	0.88	-0.53	0.54	-0.26	0.86	0.92	0.71
Total Current Liabilities	0.8	0.82	0.62		0.79	0.92	0.85	0.36	0.81	0.22	0.44	0.71	0.73	0.58	0.55	0.82	0.95	0.47	-0.32	0.53	-0.22	0.31	-0.34	0.81	0.61	0.85
Total Stockholder Equity	1.0	0.93	0.8	0.79		0.8	0.89	0.45	0.99	0.04	0.36	0.96	0.54	0.29	0.81	0.97	0.78	0.74	-0.72	0.87	-0.39	0.26	-0.39	0.97	0.86	0.98
Property Plant And Equipment Net	0.8	0.73	0.72	0.92	0.8		0.79	0.22	0.79	0.04	0.53	0.76	0.76	0.49	0.5	0.78	0.88	0.68	-0.47	0.58	-0.25	0.35	-0.34	0.79	0.67	0.79
Current Deferred Revenue	0.9	0.85	0.71	0.85	0.89	0.79		0.29	0.91	0.23	0.51	0.81	0.73	0.56	0.66	0.92	0.77	0.58	-0.56	0.66	-0.3	0.26	-0.4	0.89	0.72	0.93
Net Debt	0.5	0.71	0.45	0.36	0.45	0.22	0.29		0.43	-0.25	-0.63	0.56	-0.17	0.06	0.74	0.41	0.3	0.28	-0.39	0.64	-0.22	-0.08	-0.17	0.57	0.5	0.42
Retained Earnings	0.98	0.92	0.73	0.81	0.99	0.79	0.91	0.43		0.16	0.38	0.92	0.57	0.36	0.77	0.98	0.8	0.68	-0.65	0.82	-0.36	0.2	-0.42	0.95	0.8	0.99
Accounts Payable	0.02	0.0	-0.47	0.22	0.04	0.04	0.23	-0.25	0.16		0.37	-0.2	0.35	0.47	-0.26	0.19	0.28	-0.43	0.48	-0.32	0.43	-0.36	-0.05	-0.04	-0.37	0.2
Cash	0.32	0.09	0.18	0.44	0.36	0.53	0.51	-0.63	0.38	0.37		0.19	0.73	0.31	-0.13	0.39	0.47	0.24	-0.06	0.0	-0.01	0.37	-0.12	0.24	0.16	0.41
Non Current Assets Total	0.97	0.92	0.91	0.71	0.96	0.76	0.81	0.56	0.92	-0.2	0.19		0.41	0.16	0.89	0.88	0.68	0.84	-0.84	0.96	-0.45	0.31	-0.35	0.97	0.94	0.89
Non Currrent Assets Other	0.53	0.41	0.4	0.73	0.54	0.76	0.73	-0.17	0.57	0.35	0.73	0.41		0.67	0.21	0.57	0.69	0.28	-0.15	0.2	0.0	0.31	-0.17	0.49	0.26	0.6
Other Assets	0.29	0.31	0.08	0.58	0.29	0.49	0.56	0.06	0.36	0.47	0.31	0.16	0.67		0.11	0.47	0.4	0.09	-0.05	-0.02	-0.13	-0.29	-0.57	0.28	0.05	0.39
Long Term Debt	0.83	0.86	0.81	0.55	0.81	0.5	0.66	0.74	0.77	-0.26	-0.13	0.89	0.21	0.11		0.72	0.52	0.64	-0.78	0.95	-0.46	0.23	-0.31	0.87	0.83	0.74
Cash And Short Term Investments	0.96	0.9	0.68	0.82	0.97	0.78	0.92	0.41	0.98	0.19	0.39	0.88	0.57	0.47	0.72		0.76	0.65	-0.64	0.76	-0.38	0.1	-0.49	0.93	0.76	0.98
Net Receivables	0.78	0.76	0.55	0.95	0.78	0.88	0.77	0.3	0.8	0.28	0.47	0.68	0.69	0.4	0.52	0.76		0.4	-0.23	0.53	-0.09	0.36	-0.18	0.77	0.56	0.83
Common Stock Total Equity	0.74	0.62	0.87	0.47	0.74	0.68	0.58	0.28	0.68	-0.43	0.24	0.84	0.28	0.09	0.64	0.65	0.4		-0.91	0.78	-0.62	0.29	-0.49	0.74	0.87	0.62
Common Stock Shares Outstanding	-0.72	-0.62	-0.85	-0.32	-0.72	-0.47	-0.56	-0.39	-0.65	0.48	-0.06	-0.84	-0.15	-0.05	-0.78	-0.64	-0.23	-0.91		-0.86	0.65	-0.18	0.48	-0.73	-0.87	-0.59
Non Current Liabilities Total	0.89	0.86	0.88	0.53	0.87	0.58	0.66	0.64	0.82	-0.32	0.0	0.96	0.2	-0.02	0.95	0.76	0.53	0.78	-0.86		-0.43	0.31	-0.26	0.91	0.91	0.78
Inventory	-0.39	-0.32	-0.53	-0.22	-0.39	-0.25	-0.3	-0.22	-0.36	0.43	-0.01	-0.45	0.0	-0.13	-0.46	-0.38	-0.09	-0.62	0.65	-0.43		-0.12	0.76	-0.39	-0.53	-0.31
Other Current Assets	0.28	0.23	0.54	0.31	0.26	0.35	0.26	-0.08	0.2	-0.36	0.37	0.31	0.31	-0.29	0.23	0.1	0.36	0.29	-0.18	0.31	-0.12		0.25	0.32	0.41	0.24
Other Stockholder Equity	-0.37	-0.32	-0.26	-0.34	-0.39	-0.34	-0.4	-0.17	-0.42	-0.05	-0.12	-0.35	-0.17	-0.57	-0.31	-0.49	-0.18	-0.49	0.48	-0.26	0.76	0.25		-0.34	-0.37	-0.38
Total Liab	0.99	0.97	0.86	0.81	0.97	0.79	0.89	0.57	0.95	-0.04	0.24	0.97	0.49	0.28	0.87	0.93	0.77	0.74	-0.73	0.91	-0.39	0.32	-0.34		0.88	0.95
Property Plant And Equipment Gross	0.87	0.81	0.92	0.61	0.86	0.67	0.72	0.5	0.8	-0.37	0.16	0.94	0.26	0.05	0.83	0.76	0.56	0.87	-0.87	0.91	-0.53	0.41	-0.37	0.88		0.77
Total Current Assets	0.98	0.93	0.71	0.85	0.98	0.79	0.93	0.42	0.99	0.2	0.41	0.89	0.6	0.39	0.74	0.98	0.83	0.62	-0.59	0.78	-0.31	0.24	-0.38	0.95	0.77

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Wipro Limited Account Relationship Matchups

Wipro Limited fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	817.1B	831.4B	1.1T	1.2T	1.2T	1.2T
Short Long Term Debt Total	97.2B	104.5B	175.9B	174.7B	164.6B	172.9B
Other Current Liab	38.3B	82.5B	132B	105.0B	99.6B	104.6B
Total Current Liabilities	216.4B	230.0B	308.3B	267.8B	252.5B	141.9B
Total Stockholder Equity	557.5B	553.1B	658.2B	781.2B	749.9B	787.4B
Property Plant And Equipment Net	97.9B	101.6B	109.8B	107.4B	99.6B	56.4B
Current Deferred Revenue	20.2B	23.4B	30.1B	24.7B	19.4B	25.7B
Net Debt	(47.3B)	(65.3B)	72.1B	82.8B	67.7B	71.1B
Retained Earnings	519.9B	466.7B	551.3B	661.0B	630.9B	662.5B
Accounts Payable	78.1B	23.2B	28.7B	21.7B	23.3B	34.0B
Cash	144.5B	169.8B	103.8B	91.9B	97.0B	73.0B
Non Current Assets Total	297.2B	308.2B	458.4B	514.7B	502.7B	527.9B
Non Currrent Assets Other	29.9B	40.4B	35.5B	32.7B	21.5B	18.6B
Other Assets	41.3B	42.1B	38.2B	15.7B	(927M)	(880.7M)
Long Term Debt	4.8B	7.5B	56.5B	61.3B	62.3B	65.4B
Cash And Short Term Investments	335.2B	346.1B	351.3B	401.9B	407.8B	428.2B
Net Receivables	164.3B	141.4B	201.7B	215.5B	199.0B	107.2B
Common Stock Shares Outstanding	5.8B	5.7B	5.5B	5.5B	5.3B	4.8B
Liabilities And Stockholders Equity	817.1B	831.4B	1.1T	1.2T	1.2T	1.2T
Non Current Liabilities Total	41.3B	46.8B	112.2B	126.3B	148.8B	156.2B
Inventory	1.9B	1.1B	1.3B	1.2B	907M	861.7M
Other Current Assets	135M	35.9B	72.8B	43.9B	43.0B	22.6B
Other Stockholder Equity	(17.7B)	714M	1.6B	3.7B	3.3B	3.1B
Total Liab	257.7B	276.8B	420.5B	394.1B	401.2B	421.3B
Property Plant And Equipment Gross	97.9B	101.6B	238.9B	235.3B	220.1B	231.1B
Total Current Assets	519.9B	523.2B	620.8B	661.1B	650.7B	683.2B
Accumulated Other Comprehensive Income	43.8B	41.2B	47.1B	46.8B	105.2B	110.5B
Short Term Debt	79.8B	83.5B	104.3B	97.4B	88.4B	53.3B
Intangible Assets	20.9B	13.1B	43.6B	43.0B	32.7B	34.4B
Common Stock	11.4B	11.0B	11.0B	11.0B	10.5B	5.4B
Property Plant Equipment	97.9B	101.6B	109.8B	107.4B	123.5B	129.6B
Other Liab	23.9B	25.8B	40.5B	49.1B	56.5B	59.3B
Good Will	131.0B	139.1B	247.0B	308.0B	316.0B	459.5B
Short Term Investments	190.7B	176.3B	247.4B	310.0B	311.2B	326.7B
Net Tangible Assets	410.1B	400.9B	367.6B	430.1B	494.7B	335.5B
Deferred Long Term Liab	4.3B	3.8B	3.4B	3.2B	3.7B	2.5B
Long Term Investments	10.7B	12.4B	20.3B	27.8B	22.7B	12.1B
Short Long Term Debt	73.2B	75.9B	95.2B	88.8B	79.2B	75.1B

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