EKANSH CONCEPTS
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The Current P/E Ratio of EKANSH CONCEPTS is -43.68.
Share Price | ₹123.6 | Feb 21,2025 |
Market Cap | ₹186.6 Cr | |
Earnings-TTM | ₹-4.3 Cr | TTM-Consolidated Results |
Price/Earnings | -43.68x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of EKANSH CONCEPTS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
EKANSH CONCEPTS | -4.27 | -43.68 | 186.6 |
TATA CONSULTANCY SERVICES LTD | 49,006.00 | 27.95 | 1,369,720.0 |
INFOSYS LTD | 27,687.00 | 27.23 | 753,784.0 |
HCL TECHNOLOGIES LTD | 17,085.00 | 27.02 | 461,554.0 |
WIPRO LTD | 12,512.00 | 25.63 | 320,690.0 |
TECH MAHINDRA LTD | 3,759.10 | 42.95 | 161,458.0 |
LTIMINDTREE LTD | 4,574.10 | 34.31 | 156,923.0 |
PERSISTENT SYSTEMS LTD | 1,319.72 | 66.68 | 87,997.2 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 2,295.82 | 31.83 | 73,072.9 |
COFORGE LTD | 858.00 | 58.36 | 50,069.9 |
L&T TECHNOLOGY SERVICES LTD | 1,294.80 | 41.87 | 54,216.8 |
IT - Software Industry Benchmark (Top 10) PE Analysis vs EKANSH CONCEPTS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -43.68x |
Max industry PE | 66.68x |
Median industry PE | 31.83x |
Average industry PE | 30.92x |
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