INNOVANA THINKLABS
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The Current P/E Ratio of INNOVANA THINKLABS is 18.62.
| Share Price | ₹384.4 | Mar 16,2026 |
| Market Cap | ₹795.7 Cr | |
| Earnings-TTM | ₹42.7 Cr | TTM-Consolidated Results |
| Price/Earnings | 18.62x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of INNOVANA THINKLABS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹795.7 Cr] as on Mar 16,2026
(/) Earnings [ ₹42.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 18.62x ]
Thus, for INNOVANA THINKLABS , the investors are currently willing to pay 18.62 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 INNOVANA THINKLABS !
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 INNOVANA THINKLABS over the last five years.
Historical PE (Price/Earnings) ratio chart of INNOVANA THINKLABS
PE Ratio Performance Analysis for INNOVANA THINKLABS
- INNOVANA THINKLABS 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 15.77x.
- INNOVANA THINKLABS 's operated at median p/e ratio of 13.72x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, INNOVANA THINKLABS 's p/e ratio peaked in Mar2024 at 27.03x.
- INNOVANA THINKLABS 's p/e ratio hit its five-year low in Mar2021 of 3.19x.
How does INNOVANA THINKLABS '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 |
|---|---|---|---|
| INNOVANA THINKLABS | 42.74 | 18.62 | 795.7 |
| TATA CONSULTANCY SERVICES LTD | 47,963.00 | 18.17 | 871,362.0 |
| INFOSYS LTD | 28,003.00 | 18.10 | 506,762.0 |
| HCL TECHNOLOGIES LTD | 16,471.00 | 21.89 | 360,565.0 |
| WIPRO LTD | 13,279.90 | 15.39 | 204,414.0 |
| TECH MAHINDRA LTD | 4,593.60 | 28.54 | 131,109.0 |
| LTIMINDTREE LTD | 4,724.00 | 26.47 | 125,064.0 |
| PERSISTENT SYSTEMS LTD | 1,731.62 | 42.31 | 73,256.7 |
| ORACLE FINANCIAL SERVICES SOFTWARE LTD | 2,441.50 | 22.84 | 55,764.0 |
| COFORGE LTD | 1,314.20 | 27.62 | 36,295.0 |
| L&T TECHNOLOGY SERVICES LTD | 1,258.60 | 28.01 | 35,253.2 |
IT - Software Industry Benchmark (Top 10) PE Analysis vs INNOVANA THINKLABS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 15.39x |
| Max industry PE | 42.31x |
| Median industry PE | 22.84x |
| Average industry PE | 24.36x |
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