Home > PE Ratio > EKANSH CONCEPTS

EKANSH CONCEPTS
PE (Price/Earnings) Ratio

The Current P/E Ratio of EKANSH CONCEPTS is -43.68.

Share Price ₹123.6Feb 21,2025
Market Cap ₹186.6 Cr
Earnings-TTM₹-4.3 CrTTM-Consolidated Results
Price/Earnings-43.68xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for EKANSH CONCEPTS
Please provide your vote to see the results

Definition & Calculation of PE (Price/Earnings) ratio of EKANSH CONCEPTS

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 EKANSH CONCEPTS is calculated as :

Current Market Cap [ ₹186.6 Cr] as on Feb 21,2025

(/) Earnings [ ₹-4.3 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -43.68x ]

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

Thus, for EKANSH CONCEPTS , the investors are currently willing to pay -43.68 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 EKANSH CONCEPTS !

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 EKANSH CONCEPTS over the last five years.

Historical PE (Price/Earnings) ratio chart of EKANSH CONCEPTS


PE Ratio Performance Analysis for EKANSH CONCEPTS

- EKANSH CONCEPTS 's latest p/e ratio is -43.68x.

- EKANSH CONCEPTS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 5.14x.

- EKANSH CONCEPTS 's operated at median p/e ratio of 5.14x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, EKANSH CONCEPTS 's p/e ratio peaked in Mar2023 at 13.36x.

- EKANSH CONCEPTS 's p/e ratio hit its five-year low in Mar2024 of 0x.


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

Peer Comparison (IT - Software Industry)Earnings-TTM (Cr)PE RatioMarket Cap
EKANSH CONCEPTS -4.27-43.68186.6
TATA CONSULTANCY SERVICES LTD49,006.0027.951,369,720.0
INFOSYS LTD27,687.0027.23753,784.0
HCL TECHNOLOGIES LTD17,085.0027.02461,554.0
WIPRO LTD12,512.0025.63320,690.0
TECH MAHINDRA LTD3,759.1042.95161,458.0
LTIMINDTREE LTD4,574.1034.31156,923.0
PERSISTENT SYSTEMS LTD1,319.7266.6887,997.2
ORACLE FINANCIAL SERVICES SOFTWARE LTD2,295.8231.8373,072.9
COFORGE LTD858.0058.3650,069.9
L&T TECHNOLOGY SERVICES LTD1,294.8041.8754,216.8

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

Top 10 Industry PeersPE Ratio
Min industry PE -43.68x
Max industry PE 66.68x
Median industry PE 31.83x
Average industry PE 30.92x



You may also like the below Video Courses