TCS.NS Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q2 '26 30.06.2026	Q1 '26 31.03.2026
Market & Enterprise Value
Market Cap	7.8T EUR	7.35T EUR	8.53T EUR
Enterprise Value	7.39T EUR	7.35T EUR	8.58T EUR
Valuation Multiples
Trailing P/E	15.11x	14.56x	17.29x
Forward P/E	13.37x	--	--
Price to Sales	2.75x	2.69x	3.21x
Price to Book	7.12x	--	7.96x
EV/Revenue	2.61x	2.69x	3.23x
EV/EBITDA	10.13x	9.44x	11.33x
Price to FCF (P/FCF)	18.01x	20.34x	17.37x
EV/FCF	17.05x	20.34x	17.47x
FCF Yield	5.55%	4.92%	5.76%