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MASTEK
PE (Price/Earnings) Ratio

The Current P/E Ratio of MASTEK is 26.16.

Share Price ₹3,151.4Nov 19,2024
Market Cap ₹9,737.8 Cr
Earnings-TTM₹372.3 CrTTM-Consolidated Results
Price/Earnings26.16xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of MASTEK

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 MASTEK is calculated as :

Current Market Cap [ ₹9,737.8 Cr] as on Nov 19,2024

(/) Earnings [ ₹372.3 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 26.16x ]

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

Thus, for MASTEK , the investors are currently willing to pay 26.16 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 MASTEK !

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 MASTEK over the last five years.

Historical PE (Price/Earnings) ratio chart of MASTEK


PE Ratio Performance Analysis for MASTEK

- MASTEK 's latest p/e ratio is 26.16x.

- MASTEK 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 18.96x.

- MASTEK 's operated at median p/e ratio of 16.05x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MASTEK 's p/e ratio peaked in Mar2022 at 33.76x.

- MASTEK 's p/e ratio hit its five-year low in Mar2020 of 4.22x.


How does MASTEK 's P/E Ratio benchmark against top 10 peers in IT - Software Industry?

Peer Comparison (IT - Software Industry)Earnings-TTM (Cr)PE RatioMarket Cap
MASTEK 372.3026.169,737.8
TATA CONSULTANCY SERVICES LTD47,659.0030.951,475,180.0
INFOSYS LTD26,978.0028.23761,605.0
HCL TECHNOLOGIES LTD16,842.0029.58498,256.0
WIPRO LTD11,846.8024.61291,513.0
LTIMINDTREE LTD4,656.7037.71175,612.0
TECH MAHINDRA LTD3,295.8050.52166,493.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD2,495.3338.7896,774.0
PERSISTENT SYSTEMS LTD1,232.8771.6088,269.1
L&T TECHNOLOGY SERVICES LTD1,312.1041.6554,655.5
TATA ELXSI LTD816.8849.5240,448.1

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

Top 10 Industry PeersPE Ratio
Min industry PE 24.61x
Max industry PE 71.60x
Median industry PE 37.71x
Average industry PE 39.03x



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