CEINSYS TECH
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The Current P/E Ratio of CEINSYS TECH is 102.84.
Share Price | ₹1,877.8 | Jan 17,2025 |
Market Cap | ₹3,267.3 Cr | |
Earnings-TTM | ₹31.8 Cr | TTM-Consolidated Results |
Price/Earnings | 102.84x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of CEINSYS TECH
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹3,267.3 Cr] as on Jan 17,2025
(/) Earnings [ ₹31.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 102.84x ]
Thus, for CEINSYS TECH , the investors are currently willing to pay 102.84 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 CEINSYS TECH !
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 CEINSYS TECH over the last five years.
Historical PE (Price/Earnings) ratio chart of CEINSYS TECH
PE Ratio Performance Analysis for CEINSYS TECH
- CEINSYS TECH 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 26.80x.
- CEINSYS TECH 's operated at median p/e ratio of 26.93x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, CEINSYS TECH 's p/e ratio peaked in Mar2021 at 69.08x.
- CEINSYS TECH 's p/e ratio hit its five-year low in Mar2020 of 4.17x.
How does CEINSYS TECH '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 |
---|---|---|---|
CEINSYS TECH | 31.77 | 102.84 | 3,267.3 |
TATA CONSULTANCY SERVICES LTD | 49,006.00 | 30.46 | 1,492,710.0 |
INFOSYS LTD | 27,687.00 | 27.22 | 753,678.0 |
HCL TECHNOLOGIES LTD | 17,085.00 | 28.42 | 485,624.0 |
WIPRO LTD | 12,512.00 | 23.59 | 295,099.0 |
LTIMINDTREE LTD | 4,574.10 | 38.16 | 174,546.0 |
TECH MAHINDRA LTD | 3,759.10 | 43.19 | 162,366.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 2,295.82 | 37.91 | 87,037.5 |
PERSISTENT SYSTEMS LTD | 1,232.87 | 74.50 | 91,848.5 |
L&T TECHNOLOGY SERVICES LTD | 1,294.80 | 43.93 | 56,884.9 |
TATA ELXSI LTD | 809.45 | 47.79 | 38,686.5 |
IT - Software Industry Benchmark (Top 10) PE Analysis vs CEINSYS TECH 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 23.59x |
Max industry PE | 102.84x |
Median industry PE | 38.16x |
Average industry PE | 45.27x |
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