TATA ELXSI
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The Current P/E Ratio of TATA ELXSI is 50.22.
| Share Price | ₹6,585.2 | Nov 22,2024 |
| Market Cap | ₹41,025.8 Cr | |
| Earnings-TTM | ₹816.9 Cr | TTM-Standalone Results |
| Price/Earnings | 50.22x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of TATA ELXSI
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)
Current Market Cap [ ₹41,025.8 Cr] as on Nov 22,2024
(/) Earnings [ ₹816.9 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 50.22x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for TATA ELXSI , the investors are currently willing to pay 50.22 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 TATA ELXSI !
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 TATA ELXSI over the last five years.
Thus, for TATA ELXSI , the investors are currently willing to pay 50.22 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 TATA ELXSI !
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 TATA ELXSI over the last five years.
Historical PE (Price/Earnings) ratio chart of TATA ELXSI
PE Ratio Performance Analysis for TATA ELXSI
- TATA ELXSI 's latest p/e ratio is 50.22x.
- TATA ELXSI 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 54.27x.
- TATA ELXSI 's operated at median p/e ratio of 49.16x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TATA ELXSI 's p/e ratio peaked in Mar2022 at 100.16x.
- TATA ELXSI 's p/e ratio hit its five-year low in Mar2020 of 15.31x.
- TATA ELXSI 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 54.27x.
- TATA ELXSI 's operated at median p/e ratio of 49.16x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TATA ELXSI 's p/e ratio peaked in Mar2022 at 100.16x.
- TATA ELXSI 's p/e ratio hit its five-year low in Mar2020 of 15.31x.
How does TATA ELXSI '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 |
|---|---|---|---|
| TATA ELXSI | 816.88 | 50.22 | 41,025.8 |
| TATA CONSULTANCY SERVICES LTD | 47,659.00 | 32.23 | 1,536,150.0 |
| INFOSYS LTD | 26,978.00 | 29.29 | 790,152.0 |
| HCL TECHNOLOGIES LTD | 16,842.00 | 30.60 | 515,339.0 |
| WIPRO LTD | 11,846.80 | 25.23 | 298,942.0 |
| LTIMINDTREE LTD | 4,656.70 | 38.98 | 181,534.0 |
| TECH MAHINDRA LTD | 3,295.80 | 51.89 | 171,034.0 |
| ORACLE FINANCIAL SERVICES SOFTWARE LTD | 2,495.33 | 40.09 | 100,044.0 |
| PERSISTENT SYSTEMS LTD | 1,232.87 | 72.36 | 89,208.8 |
| L&T TECHNOLOGY SERVICES LTD | 1,312.10 | 42.79 | 56,147.3 |
| MPHASIS LTD | 1,594.66 | 34.23 | 54,584.4 |
IT - Software Industry Benchmark (Top 10) PE Analysis vs TATA ELXSI 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 25.23x |
| Max industry PE | 72.36x |
| Median industry PE | 38.98x |
| Average industry PE | 40.72x |
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