Home > PE Ratio > HCL TECHNOLOGIES

HCL TECHNOLOGIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of HCL TECHNOLOGIES is 24.29.

Share Price ₹1,529.5Apr 01,2025
Market Cap ₹415,046.8 Cr
Earnings-TTM₹17,085.0 CrTTM-Consolidated Results
Price/Earnings24.29xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for HCL TECHNOLOGIES
Please provide your vote to see the results
HCL TECHNOLOGIES is part of below Screeners ↓
Top Large Cap Stocks with Best Fundamentals
Best Quarterly Growth Large Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of HCL TECHNOLOGIES

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 HCL TECHNOLOGIES is calculated as :

Current Market Cap [ ₹415,046.8 Cr] as on Apr 01,2025

(/) Earnings [ ₹17,085.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 24.29x ]

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

Thus, for HCL TECHNOLOGIES , the investors are currently willing to pay 24.29 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 HCL 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 HCL TECHNOLOGIES over the last five years.

Historical PE (Price/Earnings) ratio chart of HCL TECHNOLOGIES


PE Ratio Performance Analysis for HCL TECHNOLOGIES

- HCL TECHNOLOGIES 's latest p/e ratio is 24.29x.

- HCL TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 20.92x.

- HCL TECHNOLOGIES 's operated at median p/e ratio of 23.4x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HCL TECHNOLOGIES 's p/e ratio peaked in Mar2024 at 26.68x.

- HCL TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2020 of 10.72x.


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

Peer Comparison (IT - Software Industry)Earnings-TTM (Cr)PE RatioMarket Cap
HCL TECHNOLOGIES 17,085.0024.29415,046.8
TATA CONSULTANCY SERVICES LTD49,006.0026.211,284,550.0
INFOSYS LTD27,687.0022.91634,411.0
WIPRO LTD12,512.0021.98275,051.0
TECH MAHINDRA LTD3,759.1036.31136,491.0
LTIMINDTREE LTD4,574.1028.66131,090.0
PERSISTENT SYSTEMS LTD1,319.7260.7780,200.7
ORACLE FINANCIAL SERVICES SOFTWARE LTD2,295.8228.6965,864.4
COFORGE LTD858.0060.6552,038.4
L&T TECHNOLOGY SERVICES LTD1,294.8037.3448,343.1
MPHASIS LTD1,648.8628.2146,512.6

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

Top 10 Industry PeersPE Ratio
Min industry PE 21.98x
Max industry PE 60.77x
Median industry PE 28.66x
Average industry PE 34.18x



You may also like the below Video Courses