L&T TECHNOLOGY SERVICES
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The Current P/E Ratio of L&T TECHNOLOGY SERVICES is 45.76.
Share Price | ₹5,594.6 | Feb 07,2025 |
Market Cap | ₹59,246.8 Cr | |
Earnings-TTM | ₹1,294.8 Cr | TTM-Consolidated Results |
Price/Earnings | 45.76x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of L&T TECHNOLOGY SERVICES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹59,246.8 Cr] as on Feb 07,2025
(/) Earnings [ ₹1,294.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 45.76x ]
Thus, for L&T TECHNOLOGY SERVICES , the investors are currently willing to pay 45.76 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 L&T TECHNOLOGY SERVICES !
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 L&T TECHNOLOGY SERVICES over the last five years.
Historical PE (Price/Earnings) ratio chart of L&T TECHNOLOGY SERVICES
PE Ratio Performance Analysis for L&T TECHNOLOGY SERVICES
- L&T TECHNOLOGY SERVICES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 37.41x.
- L&T TECHNOLOGY SERVICES 's operated at median p/e ratio of 42.03x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, L&T TECHNOLOGY SERVICES 's p/e ratio peaked in Mar2022 at 56.25x.
- L&T TECHNOLOGY SERVICES 's p/e ratio hit its five-year low in Mar2020 of 14.84x.
How does L&T TECHNOLOGY SERVICES '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 |
---|---|---|---|
L&T TECHNOLOGY SERVICES | 1,294.80 | 45.76 | 59,246.8 |
TATA CONSULTANCY SERVICES LTD | 49,006.00 | 29.75 | 1,457,850.0 |
INFOSYS LTD | 27,687.00 | 28.54 | 790,074.0 |
HCL TECHNOLOGIES LTD | 17,085.00 | 27.42 | 468,392.0 |
WIPRO LTD | 12,512.00 | 26.62 | 333,026.0 |
LTIMINDTREE LTD | 4,574.10 | 38.56 | 176,386.0 |
TECH MAHINDRA LTD | 3,759.10 | 44.05 | 165,585.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 2,295.82 | 35.79 | 82,169.4 |
PERSISTENT SYSTEMS LTD | 1,319.72 | 73.01 | 96,358.3 |
TATA ELXSI LTD | 809.45 | 49.50 | 40,065.5 |
MPHASIS LTD | 1,648.86 | 33.05 | 54,493.6 |
IT - Software Industry Benchmark (Top 10) PE Analysis vs L&T TECHNOLOGY SERVICES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 26.62x |
Max industry PE | 73.01x |
Median industry PE | 35.79x |
Average industry PE | 39.28x |
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