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TANLA PLATFORMS
PE (Price/Earnings) Ratio

The Current P/E Ratio of TANLA PLATFORMS is 17.71.

Share Price ₹713.0Dec 03,2024
Market Cap ₹9,596.3 Cr
Earnings-TTM₹541.8 CrTTM-Consolidated Results
Price/Earnings17.71xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of TANLA PLATFORMS

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 TANLA PLATFORMS is calculated as :

Current Market Cap [ ₹9,596.3 Cr] as on Dec 03,2024

(/) Earnings [ ₹541.8 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 17.71x ]

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

Thus, for TANLA PLATFORMS , the investors are currently willing to pay 17.71 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 TANLA PLATFORMS !

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 TANLA PLATFORMS over the last five years.

Historical PE (Price/Earnings) ratio chart of TANLA PLATFORMS


PE Ratio Performance Analysis for TANLA PLATFORMS

- TANLA PLATFORMS 's latest p/e ratio is 17.71x.

- TANLA PLATFORMS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 21.08x.

- TANLA PLATFORMS 's operated at median p/e ratio of 20.08x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TANLA PLATFORMS 's p/e ratio peaked in Mar2022 at 38.44x.

- TANLA PLATFORMS 's p/e ratio hit its five-year low in Mar2020 of 0x.


How does TANLA PLATFORMS 's P/E Ratio benchmark against top 10 peers in IT - Software Industry?

Peer Comparison (IT - Software Industry)Earnings-TTM (Cr)PE RatioMarket Cap
TANLA PLATFORMS 541.8017.719,596.3
TATA CONSULTANCY SERVICES LTD47,659.0032.651,556,300.0
INFOSYS LTD26,978.0029.11785,356.0
HCL TECHNOLOGIES LTD16,842.0030.44512,625.0
WIPRO LTD11,846.8025.77305,240.0
LTIMINDTREE LTD4,656.7039.20182,537.0
TECH MAHINDRA LTD3,295.8051.95171,218.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD2,495.3343.51108,579.0
PERSISTENT SYSTEMS LTD1,232.8775.5193,088.6
L&T TECHNOLOGY SERVICES LTD1,312.1042.8756,243.6
TATA ELXSI LTD816.8854.1344,219.3

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

Top 10 Industry PeersPE Ratio
Min industry PE 17.71x
Max industry PE 75.51x
Median industry PE 39.20x
Average industry PE 40.26x



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