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AXISCADES TECHNOLOGIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of AXISCADES TECHNOLOGIES is 66.00.

Share Price ₹709.4Jan 14,2025
Market Cap ₹3,007.6 Cr
Earnings-TTM₹45.6 CrTTM-Consolidated Results
Price/Earnings66.00xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of AXISCADES TECHNOLOGIES

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 AXISCADES TECHNOLOGIES is calculated as :

Current Market Cap [ ₹3,007.6 Cr] as on Jan 14,2025

(/) Earnings [ ₹45.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 66.00x ]

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

Thus, for AXISCADES TECHNOLOGIES , the investors are currently willing to pay 66.00 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 AXISCADES 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 AXISCADES TECHNOLOGIES over the last five years.

Historical PE (Price/Earnings) ratio chart of AXISCADES TECHNOLOGIES


PE Ratio Performance Analysis for AXISCADES TECHNOLOGIES

- AXISCADES TECHNOLOGIES 's latest p/e ratio is 66.00x.

- AXISCADES TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 19.18x.

- AXISCADES TECHNOLOGIES 's operated at median p/e ratio of 3.53x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, AXISCADES TECHNOLOGIES 's p/e ratio peaked in Mar2024 at 70.67x.

- AXISCADES TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does AXISCADES TECHNOLOGIES 's P/E Ratio benchmark against top 10 peers in IT - Software Industry?

Peer Comparison (IT - Software Industry)Earnings-TTM (Cr)PE RatioMarket Cap
AXISCADES TECHNOLOGIES 45.5766.003,007.6
TATA CONSULTANCY SERVICES LTD49,006.0031.261,531,810.0
INFOSYS LTD26,978.0029.85805,250.0
HCL TECHNOLOGIES LTD17,085.0028.81492,245.0
WIPRO LTD11,846.8025.89306,662.0
LTIMINDTREE LTD4,656.7036.60170,440.0
TECH MAHINDRA LTD3,295.8048.92161,231.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD2,495.3337.4193,348.8
PERSISTENT SYSTEMS LTD1,232.8773.6290,758.6
L&T TECHNOLOGY SERVICES LTD1,312.1037.9849,832.4
TATA ELXSI LTD809.4546.8337,907.7

IT - Software Industry Benchmark (Top 10) PE Analysis vs AXISCADES TECHNOLOGIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 25.89x
Max industry PE 73.62x
Median industry PE 37.41x
Average industry PE 42.11x



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