RAMCO SYSTEMS
|
The Current P/E Ratio of RAMCO SYSTEMS is -23.17.
Share Price | ₹488.2 | Dec 03,2024 |
Market Cap | ₹1,815.9 Cr | |
Earnings-TTM | ₹-78.4 Cr | TTM-Consolidated Results |
Price/Earnings | -23.17x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of RAMCO SYSTEMS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,815.9 Cr] as on Dec 03,2024
(/) Earnings [ ₹-78.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -23.17x ]
Thus, for RAMCO SYSTEMS , the investors are currently willing to pay -23.17 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 RAMCO SYSTEMS !
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 RAMCO SYSTEMS over the last five years.
Historical PE (Price/Earnings) ratio chart of RAMCO SYSTEMS
PE Ratio Performance Analysis for RAMCO SYSTEMS
- RAMCO SYSTEMS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 10.17x.
- RAMCO SYSTEMS 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RAMCO SYSTEMS 's p/e ratio peaked in Mar2021 at 29.09x.
- RAMCO SYSTEMS 's p/e ratio hit its five-year low in Mar2024 of 0x.
How does RAMCO SYSTEMS '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 |
---|---|---|---|
RAMCO SYSTEMS | -78.37 | -23.17 | 1,815.9 |
TATA CONSULTANCY SERVICES LTD | 47,659.00 | 32.65 | 1,556,300.0 |
INFOSYS LTD | 26,978.00 | 29.11 | 785,356.0 |
HCL TECHNOLOGIES LTD | 16,842.00 | 30.44 | 512,625.0 |
WIPRO LTD | 11,846.80 | 25.77 | 305,240.0 |
LTIMINDTREE LTD | 4,656.70 | 39.20 | 182,537.0 |
TECH MAHINDRA LTD | 3,295.80 | 51.95 | 171,218.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 2,495.33 | 43.51 | 108,579.0 |
PERSISTENT SYSTEMS LTD | 1,232.87 | 75.51 | 93,088.6 |
L&T TECHNOLOGY SERVICES LTD | 1,312.10 | 42.87 | 56,243.6 |
TATA ELXSI LTD | 816.88 | 54.13 | 44,219.3 |
IT - Software Industry Benchmark (Top 10) PE Analysis vs RAMCO SYSTEMS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -23.17x |
Max industry PE | 75.51x |
Median industry PE | 39.20x |
Average industry PE | 36.54x |
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