DEV INFORMATION TECHNOLOGY
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The Current P/E Ratio of DEV INFORMATION TECHNOLOGY is 18.81.
Share Price | ₹149.0 | Jan 30,2025 |
Market Cap | ₹335.3 Cr | |
Earnings-TTM | ₹17.8 Cr | TTM-Consolidated Results |
Price/Earnings | 18.81x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of DEV INFORMATION TECHNOLOGY
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹335.3 Cr] as on Jan 30,2025
(/) Earnings [ ₹17.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 18.81x ]
Thus, for DEV INFORMATION TECHNOLOGY , the investors are currently willing to pay 18.81 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 DEV INFORMATION TECHNOLOGY !
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 DEV INFORMATION TECHNOLOGY over the last five years.
Historical PE (Price/Earnings) ratio chart of DEV INFORMATION TECHNOLOGY
PE Ratio Performance Analysis for DEV INFORMATION TECHNOLOGY
- DEV INFORMATION TECHNOLOGY 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 158.39x.
- DEV INFORMATION TECHNOLOGY 's operated at median p/e ratio of 23.49x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, DEV INFORMATION TECHNOLOGY 's p/e ratio peaked in Mar2022 at 741.1x.
- DEV INFORMATION TECHNOLOGY 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does DEV INFORMATION TECHNOLOGY '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 |
---|---|---|---|
DEV INFORMATION TECHNOLOGY | 17.82 | 18.81 | 335.3 |
TATA CONSULTANCY SERVICES LTD | 49,006.00 | 30.29 | 1,484,300.0 |
INFOSYS LTD | 27,687.00 | 27.89 | 772,261.0 |
HCL TECHNOLOGIES LTD | 17,085.00 | 27.22 | 465,068.0 |
WIPRO LTD | 12,512.00 | 25.88 | 323,839.0 |
LTIMINDTREE LTD | 4,574.10 | 37.85 | 173,146.0 |
TECH MAHINDRA LTD | 3,759.10 | 43.49 | 163,470.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 2,295.82 | 34.02 | 78,110.4 |
PERSISTENT SYSTEMS LTD | 1,319.72 | 70.74 | 93,362.0 |
L&T TECHNOLOGY SERVICES LTD | 1,294.80 | 44.25 | 57,299.4 |
TATA ELXSI LTD | 809.45 | 47.24 | 38,235.3 |
IT - Software Industry Benchmark (Top 10) PE Analysis vs DEV INFORMATION TECHNOLOGY 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 18.81x |
Max industry PE | 70.74x |
Median industry PE | 34.02x |
Average industry PE | 37.06x |
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