RATEGAIN TRAVEL TECHNOLOGIES
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The Current P/E Ratio of RATEGAIN TRAVEL TECHNOLOGIES is 44.35.
Share Price | ₹707.4 | Dec 03,2024 |
Market Cap | ₹8,339.7 Cr | |
Earnings-TTM | ₹188.0 Cr | TTM-Consolidated Results |
Price/Earnings | 44.35x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of RATEGAIN TRAVEL TECHNOLOGIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹8,339.7 Cr] as on Dec 03,2024
(/) Earnings [ ₹188.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 44.35x ]
Thus, for RATEGAIN TRAVEL TECHNOLOGIES , the investors are currently willing to pay 44.35 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 RATEGAIN TRAVEL TECHNOLOGIES !
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 RATEGAIN TRAVEL TECHNOLOGIES over the last five years.
Historical PE (Price/Earnings) ratio chart of RATEGAIN TRAVEL TECHNOLOGIES
PE Ratio Performance Analysis for RATEGAIN TRAVEL TECHNOLOGIES
- RATEGAIN TRAVEL TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 107.65x.
- RATEGAIN TRAVEL TECHNOLOGIES 's operated at median p/e ratio of 54.33x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RATEGAIN TRAVEL TECHNOLOGIES 's p/e ratio peaked in Mar2022 at 425.94x.
- RATEGAIN TRAVEL TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does RATEGAIN TRAVEL TECHNOLOGIES '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 |
---|---|---|---|
RATEGAIN TRAVEL TECHNOLOGIES | 188.03 | 44.35 | 8,339.7 |
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 RATEGAIN TRAVEL TECHNOLOGIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 25.77x |
Max industry PE | 75.51x |
Median industry PE | 42.87x |
Average industry PE | 42.68x |
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