ROUTE MOBILE
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The Current P/E Ratio of ROUTE MOBILE is 22.10.
Share Price | ₹1,392.8 | Dec 31,2024 |
Market Cap | ₹8,774.6 Cr | |
Earnings-TTM | ₹397.0 Cr | TTM-Consolidated Results |
Price/Earnings | 22.10x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ROUTE MOBILE
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹8,774.6 Cr] as on Dec 31,2024
(/) Earnings [ ₹397.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 22.10x ]
Thus, for ROUTE MOBILE , the investors are currently willing to pay 22.10 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 ROUTE MOBILE !
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 ROUTE MOBILE over the last five years.
Historical PE (Price/Earnings) ratio chart of ROUTE MOBILE
PE Ratio Performance Analysis for ROUTE MOBILE
- ROUTE MOBILE 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 34.45x.
- ROUTE MOBILE 's operated at median p/e ratio of 26.81x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ROUTE MOBILE 's p/e ratio peaked in Mar2021 at 61.06x.
- ROUTE MOBILE 's p/e ratio hit its five-year low in Mar2020 of 0x.
How does ROUTE MOBILE '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 |
---|---|---|---|
ROUTE MOBILE | 396.99 | 22.10 | 8,774.6 |
TATA CONSULTANCY SERVICES LTD | 47,659.00 | 31.10 | 1,482,400.0 |
INFOSYS LTD | 26,978.00 | 28.95 | 780,917.0 |
HCL TECHNOLOGIES LTD | 16,842.00 | 30.91 | 520,576.0 |
WIPRO LTD | 11,846.80 | 26.69 | 316,171.0 |
LTIMINDTREE LTD | 4,656.70 | 35.54 | 165,492.0 |
TECH MAHINDRA LTD | 3,295.80 | 50.65 | 166,937.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 2,495.33 | 44.45 | 110,923.0 |
PERSISTENT SYSTEMS LTD | 1,232.87 | 80.66 | 99,449.3 |
L&T TECHNOLOGY SERVICES LTD | 1,312.10 | 38.21 | 50,130.4 |
TATA ELXSI LTD | 816.88 | 51.80 | 42,315.3 |
IT - Software Industry Benchmark (Top 10) PE Analysis vs ROUTE MOBILE 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 22.10x |
Max industry PE | 80.66x |
Median industry PE | 35.54x |
Average industry PE | 40.10x |
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