Spandana Sphoorty Financial Limited engages in the microfinance business in India. The company provides income generation loans for low-income households; loans against the property; personal loans for business development, purchase of livestock, house construction/renovation, and other needs; gold loans for agriculture, business, and short-term liquidity needs; and interim loans, as well as business loans. It also offers loans for women to expand their existing income-generating activities, smoothening household cash flows, and acquiring productive assets. The company serves low-income customers in semi-urban and rural areas with approximately 982 branches. Spandana Sphoorty Financial Limited was founded in 1998 and is based in Hyderabad, India.
P/S ratio for Spandana Sphoorty Financial Limited (SPANDANA.NS)
P/S ratio as of 2023: 2.54
According to Spandana Sphoorty Financial Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 2.54. At the end of 2022 the company had a P/S ratio of 3.03.
P/S ratio history for Spandana Sphoorty Financial Limited from 2012 to 2023
P/S ratio at the end of each year
| Year | P/S ratio |
|---|---|
| 2023 | 2.54 |
| 2022 | 3.03 |
| 2021 | 1.62 |
| 2020 | 2.75 |
| 2019 | 2.93 |
| 2018 | 5.00 |
| 2017 | 8.81 |
| 2016 | 13.50 |
| 2015 | 14.72 |
| 2014 | 16.94 |
| 2013 | 467.32 |
| 2012 | -1.40 |