ELNET TECHNOLOGIES
|
The Current P/E Ratio of ELNET TECHNOLOGIES is 7.66.
Share Price | ₹336.1 | Jul 01,2025 |
Market Cap | ₹134.4 Cr | |
Earnings-TTM | ₹17.6 Cr | TTM-Standalone Results |
Price/Earnings | 7.66x | Calculated as Market Cap/Earnings |
---|---|---|
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 [ ₹134.4 Cr] as on Jul 01,2025
(/) Earnings [ ₹17.6 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 7.66x ]
Thus, for ELNET TECHNOLOGIES , the investors are currently willing to pay 7.66 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 Mar2024 to Mar2020 averaged 4.85x.
- ELNET TECHNOLOGIES 's operated at median p/e ratio of 4.67x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ELNET TECHNOLOGIES 's p/e ratio peaked in Mar2024 at 7.56x.
- ELNET TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2020 of 2.95x.
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 | 17.55 | 7.66 | 134.4 |
TATA CONSULTANCY SERVICES LTD | 48,797.00 | 25.43 | 1,240,800.0 |
INFOSYS LTD | 26,750.00 | 24.97 | 668,069.0 |
HCL TECHNOLOGIES LTD | 17,399.00 | 26.80 | 466,262.0 |
WIPRO LTD | 13,192.60 | 21.01 | 277,205.0 |
TECH MAHINDRA LTD | 4,244.40 | 38.56 | 163,670.0 |
LTIMINDTREE LTD | 4,602.00 | 34.18 | 157,274.0 |
PERSISTENT SYSTEMS LTD | 1,400.16 | 66.66 | 93,336.7 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 2,379.60 | 32.71 | 77,843.5 |
COFORGE LTD | 934.70 | 68.74 | 64,248.2 |
L&T TECHNOLOGY SERVICES LTD | 1,263.60 | 36.51 | 46,137.6 |
IT - Software Industry Benchmark (Top 10) PE Analysis vs ELNET TECHNOLOGIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 7.66x |
Max industry PE | 68.74x |
Median industry PE | 32.71x |
Average industry PE | 34.84x |
You may also like the below Video Courses