SOFTTECH ENGINEERS
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The Current P/E Ratio of SOFTTECH ENGINEERS is 212.34.
Share Price | ₹463.5 | Jan 17,2025 |
Market Cap | ₹593.3 Cr | |
Earnings-TTM | ₹2.8 Cr | TTM-Consolidated Results |
Price/Earnings | 212.34x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SOFTTECH ENGINEERS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹593.3 Cr] as on Jan 17,2025
(/) Earnings [ ₹2.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 212.34x ]
Thus, for SOFTTECH ENGINEERS , the investors are currently willing to pay 212.34 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 SOFTTECH ENGINEERS !
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 SOFTTECH ENGINEERS over the last five years.
Historical PE (Price/Earnings) ratio chart of SOFTTECH ENGINEERS
PE Ratio Performance Analysis for SOFTTECH ENGINEERS
- SOFTTECH ENGINEERS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 41.29x.
- SOFTTECH ENGINEERS 's operated at median p/e ratio of 35.64x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SOFTTECH ENGINEERS 's p/e ratio peaked in Mar2024 at 107.1x.
- SOFTTECH ENGINEERS 's p/e ratio hit its five-year low in Mar2020 of 5.56x.
How does SOFTTECH ENGINEERS '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 |
---|---|---|---|
SOFTTECH ENGINEERS | 2.79 | 212.34 | 593.3 |
TATA CONSULTANCY SERVICES LTD | 49,006.00 | 30.46 | 1,492,710.0 |
INFOSYS LTD | 27,687.00 | 27.22 | 753,678.0 |
HCL TECHNOLOGIES LTD | 17,085.00 | 28.42 | 485,624.0 |
WIPRO LTD | 12,512.00 | 23.59 | 295,099.0 |
LTIMINDTREE LTD | 4,574.10 | 38.16 | 174,546.0 |
TECH MAHINDRA LTD | 3,759.10 | 43.19 | 162,366.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 2,295.82 | 37.91 | 87,037.5 |
PERSISTENT SYSTEMS LTD | 1,232.87 | 74.50 | 91,848.5 |
L&T TECHNOLOGY SERVICES LTD | 1,294.80 | 43.93 | 56,884.9 |
TATA ELXSI LTD | 809.45 | 47.79 | 38,686.5 |
IT - Software Industry Benchmark (Top 10) PE Analysis vs SOFTTECH ENGINEERS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 23.59x |
Max industry PE | 212.34x |
Median industry PE | 38.16x |
Average industry PE | 55.23x |
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