ELNET TECHNOLOGIES
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The Current P/E Ratio of ELNET TECHNOLOGIES is 8.37.
Share Price | ₹387.7 | Sep 18,2025 |
Market Cap | ₹155.1 Cr | |
Earnings-TTM | ₹18.5 Cr | TTM-Standalone Results |
Price/Earnings | 8.37x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ELNET TECHNOLOGIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹155.1 Cr] as on Sep 18,2025
(/) Earnings [ ₹18.5 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 8.37x ]
Thus, for ELNET TECHNOLOGIES , the investors are currently willing to pay 8.37 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 ELNET TECHNOLOGIES !
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 ELNET TECHNOLOGIES over the last five years.
Historical PE (Price/Earnings) ratio chart of ELNET TECHNOLOGIES
PE Ratio Performance Analysis for ELNET TECHNOLOGIES
- ELNET TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 5.91x.
- ELNET TECHNOLOGIES 's operated at median p/e ratio of 5.07x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ELNET TECHNOLOGIES 's p/e ratio peaked in Mar2025 at 8.27x.
- ELNET TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2021 of 4x.
How does ELNET TECHNOLOGIES '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 |
---|---|---|---|
ELNET TECHNOLOGIES | 18.52 | 8.37 | 155.1 |
TATA CONSULTANCY SERVICES LTD | 49,511.00 | 23.21 | 1,149,200.0 |
INFOSYS LTD | 27,300.00 | 23.44 | 639,880.0 |
HCL TECHNOLOGIES LTD | 16,984.00 | 23.87 | 405,340.0 |
WIPRO LTD | 13,483.00 | 19.97 | 269,270.0 |
TECH MAHINDRA LTD | 4,510.50 | 33.67 | 151,866.0 |
LTIMINDTREE LTD | 4,721.50 | 34.66 | 163,668.0 |
PERSISTENT SYSTEMS LTD | 1,518.68 | 56.66 | 86,048.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 2,404.80 | 33.15 | 79,720.5 |
COFORGE LTD | 1,081.60 | 56.42 | 61,027.8 |
L&T TECHNOLOGY SERVICES LTD | 1,265.80 | 36.80 | 46,579.9 |
IT - Software Industry Benchmark (Top 10) PE Analysis vs ELNET TECHNOLOGIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 8.37x |
Max industry PE | 56.66x |
Median industry PE | 33.15x |
Average industry PE | 31.84x |
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