L&T TECHNOLOGY SERVICES
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The Current P/E Ratio of L&T TECHNOLOGY SERVICES is 34.96.
Share Price | ₹4,274.3 | Apr 04,2025 |
Market Cap | ₹45,264.3 Cr | |
Earnings-TTM | ₹1,294.8 Cr | TTM-Consolidated Results |
Price/Earnings | 34.96x | 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 [ ₹45,264.3 Cr] as on Apr 04,2025
(/) Earnings [ ₹1,294.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 34.96x ]
Thus, for L&T TECHNOLOGY SERVICES , the investors are currently willing to pay 34.96 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 | 34.96 | 45,264.3 |
TATA CONSULTANCY SERVICES LTD | 49,006.00 | 24.36 | 1,193,770.0 |
INFOSYS LTD | 27,687.00 | 21.79 | 603,178.0 |
HCL TECHNOLOGIES LTD | 17,085.00 | 22.58 | 385,829.0 |
WIPRO LTD | 12,512.00 | 20.61 | 257,876.0 |
TECH MAHINDRA LTD | 3,759.10 | 34.42 | 129,379.0 |
LTIMINDTREE LTD | 4,574.10 | 26.79 | 122,563.0 |
PERSISTENT SYSTEMS LTD | 1,319.72 | 54.00 | 71,269.7 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 2,295.82 | 28.45 | 65,315.8 |
COFORGE LTD | 858.00 | 51.57 | 44,245.4 |
MPHASIS LTD | 1,648.86 | 25.72 | 42,410.7 |
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 | 20.61x |
Max industry PE | 54.00x |
Median industry PE | 26.79x |
Average industry PE | 31.39x |
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