BITS
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The Current P/E Ratio of BITS is 947.47.
| Share Price | ₹12.9 | Feb 24,2025 |
| Market Cap | ₹144.0 Cr | |
| Earnings-TTM | ₹0.2 Cr | TTM-Consolidated Results |
| Price/Earnings | 947.47x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of BITS
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)
Current Market Cap [ ₹144.0 Cr] as on Feb 24,2025
(/) Earnings [ ₹0.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 947.47x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for BITS , the investors are currently willing to pay 947.47 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 BITS !
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 BITS over the last five years.
Thus, for BITS , the investors are currently willing to pay 947.47 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 BITS !
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 BITS over the last five years.
Historical PE (Price/Earnings) ratio chart of BITS
PE Ratio Performance Analysis for BITS
- BITS 's latest p/e ratio is 947.47x.
- BITS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.18x.
- BITS '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, BITS 's p/e ratio peaked in Mar2024 at 15.91x.
- BITS 's p/e ratio hit its five-year low in Mar2023 of 0x.
- BITS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.18x.
- BITS '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, BITS 's p/e ratio peaked in Mar2024 at 15.91x.
- BITS 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does BITS 's P/E Ratio benchmark against top 10 peers in IT - Education Industry?
| Peer Comparison (IT - Education Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| BITS | 0.15 | 947.47 | 144.0 |
| NIIT LTD | 47.22 | 35.02 | 1,653.5 |
| APTECH LTD | 16.88 | 39.92 | 674.0 |
| COMPUCOM SOFTWARE LTD | 0.81 | 193.92 | 157.9 |
IT - Education Industry Benchmark (Top 10) PE Analysis vs BITS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 35.02x |
| Max industry PE | 947.47x |
| Median industry PE | 193.92x |
| Average industry PE | 304.08x |
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