TANLA PLATFORMS
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The Current P/E Ratio of TANLA PLATFORMS is 17.43.
Share Price | ₹701.5 | Dec 12,2024 |
Market Cap | ₹9,441.5 Cr | |
Earnings-TTM | ₹541.8 Cr | TTM-Consolidated Results |
Price/Earnings | 17.43x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of TANLA PLATFORMS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹9,441.5 Cr] as on Dec 12,2024
(/) Earnings [ ₹541.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 17.43x ]
Thus, for TANLA PLATFORMS , the investors are currently willing to pay 17.43 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 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 Ratio | Market Cap |
---|---|---|---|
TANLA PLATFORMS | 541.80 | 17.43 | 9,441.5 |
TATA CONSULTANCY SERVICES LTD | 47,659.00 | 33.84 | 1,612,560.0 |
INFOSYS LTD | 26,978.00 | 30.58 | 824,948.0 |
HCL TECHNOLOGIES LTD | 16,842.00 | 31.19 | 525,271.0 |
WIPRO LTD | 11,846.80 | 27.30 | 323,422.0 |
LTIMINDTREE LTD | 4,656.70 | 42.43 | 197,585.0 |
TECH MAHINDRA LTD | 3,295.80 | 53.15 | 175,162.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 2,495.33 | 42.10 | 105,049.0 |
PERSISTENT SYSTEMS LTD | 1,232.87 | 80.41 | 99,139.6 |
L&T TECHNOLOGY SERVICES LTD | 1,312.10 | 43.74 | 57,385.1 |
TATA ELXSI LTD | 816.88 | 55.85 | 45,620.3 |
IT - Software Industry Benchmark (Top 10) PE Analysis vs TANLA PLATFORMS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 17.43x |
Max industry PE | 80.41x |
Median industry PE | 42.10x |
Average industry PE | 41.64x |
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