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ROUTE MOBILE
PE (Price/Earnings) Ratio

The Current P/E Ratio of ROUTE MOBILE is 22.10.

Share Price ₹1,392.8Dec 31,2024
Market Cap ₹8,774.6 Cr
Earnings-TTM₹397.0 CrTTM-Consolidated Results
Price/Earnings22.10xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ROUTE MOBILE

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 ROUTE MOBILE is calculated as :

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 ]

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

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 latest p/e ratio is 22.10x.

- 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 RatioMarket Cap
ROUTE MOBILE 396.9922.108,774.6
TATA CONSULTANCY SERVICES LTD47,659.0031.101,482,400.0
INFOSYS LTD26,978.0028.95780,917.0
HCL TECHNOLOGIES LTD16,842.0030.91520,576.0
WIPRO LTD11,846.8026.69316,171.0
LTIMINDTREE LTD4,656.7035.54165,492.0
TECH MAHINDRA LTD3,295.8050.65166,937.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD2,495.3344.45110,923.0
PERSISTENT SYSTEMS LTD1,232.8780.6699,449.3
L&T TECHNOLOGY SERVICES LTD1,312.1038.2150,130.4
TATA ELXSI LTD816.8851.8042,315.3

IT - Software Industry Benchmark (Top 10) PE Analysis vs ROUTE MOBILE 's P/E Ratio

Top 10 Industry PeersPE 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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