AXISCADES TECHNOLOGIES
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The Current P/E Ratio of AXISCADES TECHNOLOGIES is 66.00.
Share Price | ₹709.4 | Jan 14,2025 |
Market Cap | ₹3,007.6 Cr | |
Earnings-TTM | ₹45.6 Cr | TTM-Consolidated Results |
Price/Earnings | 66.00x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of AXISCADES TECHNOLOGIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
AXISCADES TECHNOLOGIES | 45.57 | 66.00 | 3,007.6 |
TATA CONSULTANCY SERVICES LTD | 49,006.00 | 31.26 | 1,531,810.0 |
INFOSYS LTD | 26,978.00 | 29.85 | 805,250.0 |
HCL TECHNOLOGIES LTD | 17,085.00 | 28.81 | 492,245.0 |
WIPRO LTD | 11,846.80 | 25.89 | 306,662.0 |
LTIMINDTREE LTD | 4,656.70 | 36.60 | 170,440.0 |
TECH MAHINDRA LTD | 3,295.80 | 48.92 | 161,231.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 2,495.33 | 37.41 | 93,348.8 |
PERSISTENT SYSTEMS LTD | 1,232.87 | 73.62 | 90,758.6 |
L&T TECHNOLOGY SERVICES LTD | 1,312.10 | 37.98 | 49,832.4 |
TATA ELXSI LTD | 809.45 | 46.83 | 37,907.7 |
IT - Software Industry Benchmark (Top 10) PE Analysis vs AXISCADES TECHNOLOGIES 's P/E Ratio
Top 10 Industry Peers | PE 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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