Infosys Limited
Financial ratios & Valuation

Forward Multiples (2026 – 2027)

20262027
Price/Earnings ratio
18.460.22
Price/Sales ratio
3.160.03
Earnings per Share (EPS)
$0.90$75.07

Historical Multiples (2010 – 2022)

2010 2011 2012 2016 2017 2019 2020 2022 TTM Median
Valuation Ratios
Price/Earnings ratio
26.0424.8315.7421.1816.8721.9214.9935.3628.4421.18
Price/Sales ratio
7.116.163.864.573.534.082.736.424.954.57
Price/Book Value ratio
6.376.084.104.663.395.134.0410.538.524.66
Price/Cash Flow ratio
23.4628.6816.0723.3417.2021.3113.3831.3224.5123.34
Price/Free Cash Flow ratio
26.0236.7519.8530.0021.3925.2016.2834.2926.4826.48
Price/Earnings Growth ratio
11.711.781.089.323.79-3.011.912.395.445.44
Dividend Yield
0.96%2.19%1.85%2.43%2.85%4.05%3.83%1.62%2.60%2.43%
Profitability Indicator Ratios
Gross Profit Margin
42.77%42.11%41.12%37.37%36.85%34.85%33.08%32.58%30.17%36.85%
Operating Profit Margin
30.39%29.44%28.78%24.99%24.68%22.84%21.31%23.02%20.93%24.68%
Pretax Profit Margin
34.74%33.86%34.45%30.00%29.13%25.45%24.21%24.74%23.64%29.13%
Net Profit Margin
27.33%24.81%24.53%21.59%20.96%18.63%18.23%18.16%17.15%20.96%
Effective Tax Rate
21.33%26.73%28.79%28.02%28.04%26.73%24.45%26.46%27.34%28.04%
Return on Assets
21.35%21.38%22.76%18.03%16.64%17.94%19.01%19.04%19.09%18.03%
Return On Equity
24.49%24.48%26.09%22.00%20.11%23.41%26.96%29.80%31.58%22.00%
Return on Capital Employed
26.84%28.72%30.5%25.31%23.56%28.20%28.66%33.76%32.70%25.31%
Liquidity Ratios
Current Ratio
6.566.506.34N/AN/AN/AN/AN/A2.19N/A
Quick Ratio
6.366.256.013.563.662.662.351.832.193.66
Cash ratio
3.84.574.312.461.611.050.890.510.531.61
Days of Sales Outstanding
73.3179.8779.5383.24103.12104.03105.33108.86104.2283.24
Days of Inventory outstanding
N/AN/AN/A42.0220.6621.9330.2624.16N/A20.66
Operating Cycle
73.3179.8779.53125.27123.78125.97135.59133.03104.22123.78
Days of Payables Outstanding
0.261.040.443.555.1512.1016.5118.1512.713.55
Cash Conversion Cycle
73.0578.8379.09121.71118.63113.86119.07114.8791.51118.63
Debt Ratios
Debt Ratio
0.120.120.12N/AN/AN/AN/AN/AN/AN/A
Debt Equity Ratio
0.140.140.14N/AN/AN/AN/AN/AN/AN/A
Long-term Debt to Capitalization
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Total Debt to Capitalization
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/A72.39N/A
Cash Flow to Debt Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Company Equity Multiplier
1.141.141.141.221.201.301.411.561.561.22
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.300.210.240.190.200.190.200.200.190.19
Free Cash Flow / Operating Cash Flow Ratio
0.900.780.800.770.800.840.820.910.930.77
Cash Flow Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Short Term Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Dividend Payout Ratio
25.13%54.43%29.19%51.60%48.22%88.94%57.56%57.30%70.72%51.60%