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LTIMINDTREE
PE (Price/Earnings) Ratio

The Current P/E Ratio of LTIMINDTREE is 39.20.

Share Price ₹6,163.0Dec 03,2024
Market Cap ₹182,546.6 Cr
Earnings-TTM₹4,656.7 CrTTM-Consolidated Results
Price/Earnings39.20xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of LTIMINDTREE

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of LTIMINDTREE is calculated as :

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 ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

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 latest p/e ratio is 39.20x.

- 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 RatioMarket Cap
LTIMINDTREE 4,656.7039.20182,546.6
TATA CONSULTANCY SERVICES LTD47,659.0032.651,556,300.0
INFOSYS LTD26,978.0029.11785,356.0
HCL TECHNOLOGIES LTD16,842.0030.44512,625.0
WIPRO LTD11,846.8025.77305,240.0
TECH MAHINDRA LTD3,295.8051.95171,218.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD2,495.3343.51108,579.0
PERSISTENT SYSTEMS LTD1,232.8775.5193,088.6
L&T TECHNOLOGY SERVICES LTD1,312.1042.8756,243.6
TATA ELXSI LTD816.8854.1344,219.3
MPHASIS LTD1,594.6635.8757,204.4

IT - Software Industry Benchmark (Top 10) PE Analysis vs LTIMINDTREE 's P/E Ratio

Top 10 Industry PeersPE 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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