MASTEK
|
The Current P/E Ratio of MASTEK is 26.16.
Share Price | ₹3,151.4 | Nov 19,2024 |
Market Cap | ₹9,737.8 Cr | |
Earnings-TTM | ₹372.3 Cr | TTM-Consolidated Results |
Price/Earnings | 26.16x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of MASTEK
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
MASTEK | 372.30 | 26.16 | 9,737.8 |
TATA CONSULTANCY SERVICES LTD | 47,659.00 | 30.95 | 1,475,180.0 |
INFOSYS LTD | 26,978.00 | 28.23 | 761,605.0 |
HCL TECHNOLOGIES LTD | 16,842.00 | 29.58 | 498,256.0 |
WIPRO LTD | 11,846.80 | 24.61 | 291,513.0 |
LTIMINDTREE LTD | 4,656.70 | 37.71 | 175,612.0 |
TECH MAHINDRA LTD | 3,295.80 | 50.52 | 166,493.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 2,495.33 | 38.78 | 96,774.0 |
PERSISTENT SYSTEMS LTD | 1,232.87 | 71.60 | 88,269.1 |
L&T TECHNOLOGY SERVICES LTD | 1,312.10 | 41.65 | 54,655.5 |
TATA ELXSI LTD | 816.88 | 49.52 | 40,448.1 |
IT - Software Industry Benchmark (Top 10) PE Analysis vs MASTEK 's P/E Ratio
Top 10 Industry Peers | PE 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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