63 MOONS TECHNOLOGIES
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The Current P/E Ratio of 63 MOONS TECHNOLOGIES is 56.74.
Share Price | ₹708.6 | Jan 28,2025 |
Market Cap | ₹3,266.6 Cr | |
Earnings-TTM | ₹57.6 Cr | TTM-Consolidated Results |
Price/Earnings | 56.74x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of 63 MOONS TECHNOLOGIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹3,266.6 Cr] as on Jan 28,2025
(/) Earnings [ ₹57.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 56.74x ]
Thus, for 63 MOONS TECHNOLOGIES , the investors are currently willing to pay 56.74 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of 63 MOONS TECHNOLOGIES !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of 63 MOONS TECHNOLOGIES over the last five years.
Historical PE (Price/Earnings) ratio chart of 63 MOONS TECHNOLOGIES
PE Ratio Performance Analysis for 63 MOONS TECHNOLOGIES
- 63 MOONS TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.58x.
- 63 MOONS TECHNOLOGIES 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, 63 MOONS TECHNOLOGIES 's p/e ratio peaked in Mar2024 at 7.91x.
- 63 MOONS TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does 63 MOONS TECHNOLOGIES 's P/E Ratio benchmark against top 10 peers in IT - Software Industry?
Peer Comparison (IT - Software Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
63 MOONS TECHNOLOGIES | 57.57 | 56.74 | 3,266.6 |
TATA CONSULTANCY SERVICES LTD | 49,006.00 | 29.80 | 1,460,420.0 |
INFOSYS LTD | 27,687.00 | 27.43 | 759,513.0 |
HCL TECHNOLOGIES LTD | 17,085.00 | 26.90 | 459,641.0 |
WIPRO LTD | 12,512.00 | 25.40 | 317,819.0 |
LTIMINDTREE LTD | 4,574.10 | 36.69 | 167,809.0 |
TECH MAHINDRA LTD | 3,759.10 | 42.85 | 161,067.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 2,295.82 | 35.16 | 80,710.6 |
PERSISTENT SYSTEMS LTD | 1,319.72 | 68.93 | 90,968.8 |
L&T TECHNOLOGY SERVICES LTD | 1,294.80 | 41.89 | 54,234.8 |
TATA ELXSI LTD | 809.45 | 47.14 | 38,155.6 |
IT - Software Industry Benchmark (Top 10) PE Analysis vs 63 MOONS TECHNOLOGIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 25.40x |
Max industry PE | 68.93x |
Median industry PE | 36.69x |
Average industry PE | 39.90x |
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