Home > PE Ratio > RATEGAIN TRAVEL TECHNOLOGIES

RATEGAIN TRAVEL TECHNOLOGIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of RATEGAIN TRAVEL TECHNOLOGIES is 44.35.

Share Price ₹707.4Dec 03,2024
Market Cap ₹8,339.7 Cr
Earnings-TTM₹188.0 CrTTM-Consolidated Results
Price/Earnings44.35xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for RATEGAIN TRAVEL TECHNOLOGIES
Please provide your vote to see the results
RATEGAIN TRAVEL TECHNOLOGIES is part of below Screeners ↓
Best Quarterly Growth Small Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of RATEGAIN TRAVEL TECHNOLOGIES

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of RATEGAIN TRAVEL TECHNOLOGIES is calculated as :

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 ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

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 latest p/e ratio is 44.35x.

- 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 RatioMarket Cap
RATEGAIN TRAVEL TECHNOLOGIES 188.0344.358,339.7
TATA CONSULTANCY SERVICES LTD47,659.0032.651,556,300.0
INFOSYS LTD26,978.0029.11785,356.0
HCL TECHNOLOGIES LTD16,842.0030.44512,625.0
WIPRO LTD11,846.8025.77305,240.0
LTIMINDTREE LTD4,656.7039.20182,537.0
TECH MAHINDRA LTD3,295.8051.95171,218.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD2,495.3343.51108,579.0
PERSISTENT SYSTEMS LTD1,232.8775.5193,088.6
L&T TECHNOLOGY SERVICES LTD1,312.1042.8756,243.6
TATA ELXSI LTD816.8854.1344,219.3

IT - Software Industry Benchmark (Top 10) PE Analysis vs RATEGAIN TRAVEL TECHNOLOGIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 25.77x
Max industry PE 75.51x
Median industry PE 42.87x
Average industry PE 42.68x



You may also like the below Video Courses