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ALLIED DIGITAL SERVICES
PE (Price/Earnings) Ratio

The Current P/E Ratio of ALLIED DIGITAL SERVICES is 29.61.

Share Price ₹251.9Nov 21,2024
Market Cap ₹1,415.7 Cr
Earnings-TTM₹47.8 CrTTM-Consolidated Results
Price/Earnings29.61xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ALLIED DIGITAL SERVICES

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of ALLIED DIGITAL SERVICES is calculated as :

Current Market Cap [ ₹1,415.7 Cr] as on Nov 21,2024

(/) Earnings [ ₹47.8 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 29.61x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for ALLIED DIGITAL SERVICES , the investors are currently willing to pay 29.61 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 latest p/e ratio is 29.61x.

- 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 RatioMarket Cap
ALLIED DIGITAL SERVICES 47.8129.611,415.7
TATA CONSULTANCY SERVICES LTD47,659.0030.951,475,180.0
INFOSYS LTD26,978.0028.23761,605.0
HCL TECHNOLOGIES LTD16,842.0029.58498,256.0
WIPRO LTD11,846.8024.61291,513.0
LTIMINDTREE LTD4,656.7037.71175,612.0
TECH MAHINDRA LTD3,295.8050.52166,493.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD2,495.3338.7896,774.0
PERSISTENT SYSTEMS LTD1,232.8771.6088,269.1
L&T TECHNOLOGY SERVICES LTD1,312.1041.6554,655.5
TATA ELXSI LTD816.8849.5240,448.1

IT - Software Industry Benchmark (Top 10) PE Analysis vs ALLIED DIGITAL SERVICES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 24.61x
Max industry PE 71.60x
Median industry PE 37.71x
Average industry PE 39.34x



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