NIIT
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The Current P/E Ratio of NIIT is 42.34.
Share Price | ₹147.6 | Feb 05,2025 |
Market Cap | ₹1,999.3 Cr | |
Earnings-TTM | ₹47.2 Cr | TTM-Consolidated Results |
Price/Earnings | 42.34x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of NIIT
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,999.3 Cr] as on Feb 05,2025
(/) Earnings [ ₹47.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 42.34x ]
Thus, for NIIT , the investors are currently willing to pay 42.34 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 NIIT !
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 NIIT over the last five years.
Historical PE (Price/Earnings) ratio chart of NIIT
PE Ratio Performance Analysis for NIIT
- NIIT 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 294.12x.
- NIIT 's operated at median p/e ratio of 36.81x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NIIT 's p/e ratio peaked in Mar2023 at 1382.04x.
- NIIT 's p/e ratio hit its five-year low in Mar2020 of 0.87x.
How does NIIT 's P/E Ratio benchmark against top 10 peers in IT - Education Industry?
Peer Comparison (IT - Education Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
NIIT | 47.22 | 42.34 | 1,999.3 |
APTECH LTD | 16.88 | 54.95 | 927.7 |
COMPUCOM SOFTWARE LTD | 1.56 | 122.63 | 190.7 |
IT - Education Industry Benchmark (Top 10) PE Analysis vs NIIT 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 42.34x |
Max industry PE | 122.63x |
Median industry PE | 54.95x |
Average industry PE | 73.31x |
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