INNOVANA THINKLABS
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The Current P/E Ratio of INNOVANA THINKLABS is 17.10.
Share Price | ₹331.0 | Mar 13,2025 |
Market Cap | ₹678.4 Cr | |
Earnings-TTM | ₹39.7 Cr | TTM-Consolidated Results |
Price/Earnings | 17.10x | Calculated as Market Cap/Earnings |
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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 [ ₹678.4 Cr] as on Mar 13,2025
(/) Earnings [ ₹39.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 17.10x ]
Thus, for INNOVANA THINKLABS , the investors are currently willing to pay 17.10 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 Mar2024 to Mar2020 averaged 13.38x.
- INNOVANA THINKLABS 's operated at median p/e ratio of 11.22x 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 Mar2020 of 1.78x.
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 | 39.68 | 17.10 | 678.4 |
TATA CONSULTANCY SERVICES LTD | 49,006.00 | 25.93 | 1,270,800.0 |
INFOSYS LTD | 27,687.00 | 23.69 | 655,820.0 |
HCL TECHNOLOGIES LTD | 17,085.00 | 24.37 | 416,425.0 |
WIPRO LTD | 12,512.00 | 22.09 | 276,401.0 |
TECH MAHINDRA LTD | 3,759.10 | 37.49 | 140,930.0 |
LTIMINDTREE LTD | 4,574.10 | 28.93 | 132,342.0 |
PERSISTENT SYSTEMS LTD | 1,319.72 | 59.93 | 79,093.1 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 2,295.82 | 27.71 | 63,624.7 |
COFORGE LTD | 858.00 | 56.86 | 48,783.8 |
L&T TECHNOLOGY SERVICES LTD | 1,294.80 | 35.77 | 46,317.6 |
IT - Software Industry Benchmark (Top 10) PE Analysis vs INNOVANA THINKLABS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 17.10x |
Max industry PE | 59.93x |
Median industry PE | 27.71x |
Average industry PE | 32.72x |
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