ALLIED DIGITAL SERVICES
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The Current P/E Ratio of ALLIED DIGITAL SERVICES is 34.51.
Share Price | ₹294.9 | Sep 06,2024 |
Market Cap | ₹1,645.3 Cr | |
Earnings-TTM | ₹47.7 Cr | TTM-Consolidated Results |
Price/Earnings | 34.51x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ALLIED DIGITAL SERVICES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,645.3 Cr] as on Sep 06,2024
(/) Earnings [ ₹47.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 34.51x ]
Thus, for ALLIED DIGITAL SERVICES , the investors are currently willing to pay 34.51 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 ALLIED DIGITAL SERVICES !
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 ALLIED DIGITAL SERVICES over the last five years.
Historical PE (Price/Earnings) ratio chart of ALLIED DIGITAL SERVICES
PE Ratio Performance Analysis for ALLIED DIGITAL SERVICES
- ALLIED DIGITAL SERVICES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 21.14x.
- ALLIED DIGITAL SERVICES 's operated at median p/e ratio of 13x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ALLIED DIGITAL SERVICES 's p/e ratio peaked in Mar2023 at 60.35x.
- ALLIED DIGITAL SERVICES 's p/e ratio hit its five-year low in Mar2020 of 3.31x.
How does ALLIED DIGITAL SERVICES '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 |
---|---|---|---|
ALLIED DIGITAL SERVICES | 47.68 | 34.51 | 1,645.3 |
TATA CONSULTANCY SERVICES LTD | 47,084.00 | 34.25 | 1,612,760.0 |
INFOSYS LTD | 26,677.00 | 29.61 | 789,819.0 |
HCL TECHNOLOGIES LTD | 16,438.00 | 28.96 | 476,018.0 |
WIPRO LTD | 11,290.80 | 24.12 | 272,278.0 |
LTIMINDTREE LTD | 4,567.40 | 39.97 | 182,554.0 |
TECH MAHINDRA LTD | 2,552.70 | 62.21 | 158,803.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 2,335.08 | 40.29 | 94,084.8 |
PERSISTENT SYSTEMS LTD | 1,171.14 | 68.28 | 79,966.6 |
L&T TECHNOLOGY SERVICES LTD | 1,308.00 | 45.46 | 59,465.9 |
TATA ELXSI LTD | 787.46 | 60.02 | 47,261.8 |
IT - Software Industry Benchmark (Top 10) PE Analysis vs ALLIED DIGITAL SERVICES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 24.12x |
Max industry PE | 68.28x |
Median industry PE | 39.97x |
Average industry PE | 42.52x |
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