SOFTSOL INDIA
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The Current P/E Ratio of SOFTSOL INDIA is 31.63.
Share Price | ₹232.7 | May 31,2024 |
Market Cap | ₹344.4 Cr | |
Earnings-TTM | ₹10.9 Cr | TTM-Consolidated Results |
Price/Earnings | 31.63x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SOFTSOL INDIA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹344.4 Cr] as on May 31,2024
(/) Earnings [ ₹10.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 31.63x ]
Thus, for SOFTSOL INDIA , the investors are currently willing to pay 31.63 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 SOFTSOL INDIA !
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 SOFTSOL INDIA over the last five years.
Historical PE (Price/Earnings) ratio chart of SOFTSOL INDIA
PE Ratio Performance Analysis for SOFTSOL INDIA
- SOFTSOL INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 555.23x.
- SOFTSOL INDIA 's operated at median p/e ratio of 9.91x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SOFTSOL INDIA 's p/e ratio peaked in Mar2023 at 2732.41x.
- SOFTSOL INDIA 's p/e ratio hit its five-year low in Mar2020 of 6.61x.
How does SOFTSOL INDIA '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 |
---|---|---|---|
SOFTSOL INDIA | 10.89 | 31.63 | 344.4 |
TATA CONSULTANCY SERVICES LTD | 46,099.00 | 28.80 | 1,327,660.0 |
INFOSYS LTD | 26,248.00 | 22.24 | 583,860.0 |
HCL TECHNOLOGIES LTD | 15,710.00 | 22.85 | 358,964.0 |
WIPRO LTD | 11,135.40 | 20.55 | 228,885.0 |
LTIMINDTREE LTD | 4,584.60 | 30.39 | 139,342.0 |
TECH MAHINDRA LTD | 2,386.30 | 50.33 | 120,098.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 2,219.36 | 29.11 | 64,604.1 |
PERSISTENT SYSTEMS LTD | 1,093.49 | 48.04 | 52,531.8 |
L&T TECHNOLOGY SERVICES LTD | 1,306.20 | 36.34 | 47,471.8 |
TATA ELXSI LTD | 792.24 | 54.66 | 43,303.3 |
IT - Software Industry Benchmark (Top 10) PE Analysis vs SOFTSOL INDIA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 20.55x |
Max industry PE | 54.66x |
Median industry PE | 30.39x |
Average industry PE | 34.09x |
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