MINDTECK (INDIA)
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The Current P/E Ratio of MINDTECK (INDIA) is 34.42.
Share Price | ₹299.0 | Jan 03,2025 |
Market Cap | ₹950.7 Cr | |
Earnings-TTM | ₹27.6 Cr | TTM-Consolidated Results |
Price/Earnings | 34.42x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of MINDTECK (INDIA)
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹950.7 Cr] as on Jan 03,2025
(/) Earnings [ ₹27.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 34.42x ]
Thus, for MINDTECK (INDIA) , the investors are currently willing to pay 34.42 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 MINDTECK (INDIA) !
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 MINDTECK (INDIA) over the last five years.
Historical PE (Price/Earnings) ratio chart of MINDTECK (INDIA)
PE Ratio Performance Analysis for MINDTECK (INDIA)
- MINDTECK (INDIA) 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 10.13x.
- MINDTECK (INDIA) 's operated at median p/e ratio of 9.95x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MINDTECK (INDIA) 's p/e ratio peaked in Mar2024 at 18.68x.
- MINDTECK (INDIA) 's p/e ratio hit its five-year low in Mar2020 of 0x.
How does MINDTECK (INDIA) '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 |
---|---|---|---|
MINDTECK (INDIA) | 27.62 | 34.42 | 950.7 |
TATA CONSULTANCY SERVICES LTD | 47,659.00 | 31.12 | 1,483,140.0 |
INFOSYS LTD | 26,978.00 | 29.83 | 804,834.0 |
HCL TECHNOLOGIES LTD | 16,842.00 | 31.38 | 528,418.0 |
WIPRO LTD | 11,846.80 | 26.02 | 308,267.0 |
LTIMINDTREE LTD | 4,656.70 | 36.49 | 169,932.0 |
TECH MAHINDRA LTD | 3,295.80 | 50.19 | 165,405.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 2,495.33 | 43.56 | 108,688.0 |
PERSISTENT SYSTEMS LTD | 1,232.87 | 80.02 | 98,655.9 |
L&T TECHNOLOGY SERVICES LTD | 1,312.10 | 38.64 | 50,700.0 |
TATA ELXSI LTD | 816.88 | 50.68 | 41,402.2 |
IT - Software Industry Benchmark (Top 10) PE Analysis vs MINDTECK (INDIA) 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 26.02x |
Max industry PE | 80.02x |
Median industry PE | 36.49x |
Average industry PE | 41.12x |
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