ELNET TECHNOLOGIES
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The Current P/E Ratio of ELNET TECHNOLOGIES is 9.35.
Share Price | ₹394.2 | Feb 18,2025 |
Market Cap | ₹157.7 Cr | |
Earnings-TTM | ₹16.9 Cr | TTM-Standalone Results |
Price/Earnings | 9.35x | 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 [ ₹157.7 Cr] as on Feb 18,2025
(/) Earnings [ ₹16.9 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 9.35x ]
Thus, for ELNET TECHNOLOGIES , the investors are currently willing to pay 9.35 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 | 16.87 | 9.35 | 157.7 |
TATA CONSULTANCY SERVICES LTD | 49,006.00 | 28.57 | 1,400,000.0 |
INFOSYS LTD | 27,687.00 | 27.77 | 768,879.0 |
HCL TECHNOLOGIES LTD | 17,085.00 | 27.39 | 468,039.0 |
WIPRO LTD | 12,512.00 | 26.12 | 326,816.0 |
LTIMINDTREE LTD | 4,574.10 | 36.72 | 167,961.0 |
TECH MAHINDRA LTD | 3,759.10 | 44.38 | 166,843.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 2,295.82 | 33.10 | 75,990.4 |
PERSISTENT SYSTEMS LTD | 1,319.72 | 67.66 | 89,295.9 |
L&T TECHNOLOGY SERVICES LTD | 1,294.80 | 40.33 | 52,215.1 |
TATA ELXSI LTD | 809.45 | 46.95 | 38,001.1 |
IT - Software Industry Benchmark (Top 10) PE Analysis vs ELNET TECHNOLOGIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 9.35x |
Max industry PE | 67.66x |
Median industry PE | 33.10x |
Average industry PE | 35.30x |
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