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BRIGHTCOM GROUP
PE (Price/Earnings) Ratio

The Current P/E Ratio of BRIGHTCOM GROUP is 120.27.

Share Price ₹8.5Sep 02,2024
Market Cap ₹1,707.7 Cr
Earnings-TTM₹14.2 CrTTM-Standalone Results
Price/Earnings120.27xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of BRIGHTCOM GROUP

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 BRIGHTCOM GROUP is calculated as :

Current Market Cap [ ₹1,707.7 Cr] as on Sep 02,2024

(/) Earnings [ ₹14.2 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 120.27x ]

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

Thus, for BRIGHTCOM GROUP , the investors are currently willing to pay 120.27 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 BRIGHTCOM GROUP !

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 BRIGHTCOM GROUP over the last five years.

Historical PE (Price/Earnings) ratio chart of BRIGHTCOM GROUP


PE Ratio Performance Analysis for BRIGHTCOM GROUP

- BRIGHTCOM GROUP 's latest p/e ratio is 120.27x.

- BRIGHTCOM GROUP 's p/e ratio for fiscal years ending Mar2022 to Mar2018 averaged 4.90x.

- BRIGHTCOM GROUP '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, BRIGHTCOM GROUP 's p/e ratio peaked in Mar2021 at 24.48x.

- BRIGHTCOM GROUP 's p/e ratio hit its five-year low in Mar2022 of 0x.


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

Peer Comparison (IT - Software Industry)Earnings-TTM (Cr)PE RatioMarket Cap
BRIGHTCOM GROUP 14.20120.271,707.7
TATA CONSULTANCY SERVICES LTD47,084.0034.251,612,760.0
INFOSYS LTD26,677.0029.61789,819.0
HCL TECHNOLOGIES LTD16,438.0028.96476,018.0
WIPRO LTD11,290.8024.12272,278.0
LTIMINDTREE LTD4,567.4039.97182,554.0
TECH MAHINDRA LTD2,552.7062.21158,803.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD2,335.0840.2994,084.8
PERSISTENT SYSTEMS LTD1,171.1468.2879,966.6
L&T TECHNOLOGY SERVICES LTD1,308.0045.4659,465.9
TATA ELXSI LTD787.4660.0247,261.8

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

Top 10 Industry PeersPE Ratio
Min industry PE 24.12x
Max industry PE 120.27x
Median industry PE 40.29x
Average industry PE 50.31x



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