Home > PE Ratio > SASKEN TECHNOLOGIES

SASKEN TECHNOLOGIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of SASKEN TECHNOLOGIES is 47.11.

Share Price ₹2,026.0Jan 13,2025
Market Cap ₹3,059.2 Cr
Earnings-TTM₹64.9 CrTTM-Consolidated Results
Price/Earnings47.11xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for SASKEN TECHNOLOGIES
Please provide your vote to see the results

Definition & Calculation of PE (Price/Earnings) ratio of SASKEN 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 SASKEN TECHNOLOGIES is calculated as :

Current Market Cap [ ₹3,059.2 Cr] as on Jan 13,2025

(/) Earnings [ ₹64.9 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 47.11x ]

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

Thus, for SASKEN TECHNOLOGIES , the investors are currently willing to pay 47.11 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 SASKEN 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 SASKEN TECHNOLOGIES over the last five years.

Historical PE (Price/Earnings) ratio chart of SASKEN TECHNOLOGIES


PE Ratio Performance Analysis for SASKEN TECHNOLOGIES

- SASKEN TECHNOLOGIES 's latest p/e ratio is 47.11x.

- SASKEN TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 14.11x.

- SASKEN TECHNOLOGIES 's operated at median p/e ratio of 11.47x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SASKEN TECHNOLOGIES 's p/e ratio peaked in Mar2024 at 29.22x.

- SASKEN TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2020 of 7.23x.


How does SASKEN 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
SASKEN TECHNOLOGIES 64.9447.113,059.2
TATA CONSULTANCY SERVICES LTD49,006.0031.691,552,810.0
INFOSYS LTD26,978.0030.19814,592.0
HCL TECHNOLOGIES LTD17,085.0031.53538,730.0
WIPRO LTD11,846.8025.79305,562.0
LTIMINDTREE LTD4,656.7038.38178,739.0
TECH MAHINDRA LTD3,295.8049.19162,112.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD2,495.3337.7494,164.1
PERSISTENT SYSTEMS LTD1,232.8775.0192,481.6
L&T TECHNOLOGY SERVICES LTD1,312.1039.1551,366.5
TATA ELXSI LTD809.4545.7237,011.1

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

Top 10 Industry PeersPE Ratio
Min industry PE 25.79x
Max industry PE 75.01x
Median industry PE 38.38x
Average industry PE 41.05x



You may also like the below Video Courses