LTIMINDTREE
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The Current P/E Ratio of LTIMINDTREE is 39.20.
Share Price | ₹6,163.0 | Dec 03,2024 |
Market Cap | ₹182,546.6 Cr | |
Earnings-TTM | ₹4,656.7 Cr | TTM-Consolidated Results |
Price/Earnings | 39.20x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of LTIMINDTREE
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹182,546.6 Cr] as on Dec 03,2024
(/) Earnings [ ₹4,656.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 39.20x ]
Thus, for LTIMINDTREE , the investors are currently willing to pay 39.20 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 LTIMINDTREE !
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 LTIMINDTREE over the last five years.
Historical PE (Price/Earnings) ratio chart of LTIMINDTREE
PE Ratio Performance Analysis for LTIMINDTREE
- LTIMINDTREE 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 28.85x.
- LTIMINDTREE 's operated at median p/e ratio of 31.89x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, LTIMINDTREE 's p/e ratio peaked in Mar2021 at 36.59x.
- LTIMINDTREE 's p/e ratio hit its five-year low in Mar2020 of 16.38x.
How does LTIMINDTREE '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 |
---|---|---|---|
LTIMINDTREE | 4,656.70 | 39.20 | 182,546.6 |
TATA CONSULTANCY SERVICES LTD | 47,659.00 | 32.65 | 1,556,300.0 |
INFOSYS LTD | 26,978.00 | 29.11 | 785,356.0 |
HCL TECHNOLOGIES LTD | 16,842.00 | 30.44 | 512,625.0 |
WIPRO LTD | 11,846.80 | 25.77 | 305,240.0 |
TECH MAHINDRA LTD | 3,295.80 | 51.95 | 171,218.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 2,495.33 | 43.51 | 108,579.0 |
PERSISTENT SYSTEMS LTD | 1,232.87 | 75.51 | 93,088.6 |
L&T TECHNOLOGY SERVICES LTD | 1,312.10 | 42.87 | 56,243.6 |
TATA ELXSI LTD | 816.88 | 54.13 | 44,219.3 |
MPHASIS LTD | 1,594.66 | 35.87 | 57,204.4 |
IT - Software Industry Benchmark (Top 10) PE Analysis vs LTIMINDTREE 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 25.77x |
Max industry PE | 75.51x |
Median industry PE | 39.20x |
Average industry PE | 41.91x |
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