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TATA ELXSI
PE (Price/Earnings) Ratio

The Current P/E Ratio of TATA ELXSI is 50.87.

Share Price ₹6,670.5Nov 29,2024
Market Cap ₹41,557.2 Cr
Earnings-TTM₹816.9 CrTTM-Standalone Results
Price/Earnings50.87xCalculated as Market Cap/Earnings
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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)

Applying the above formula, P/E ratio of TATA ELXSI is calculated as :

Current Market Cap [ ₹41,557.2 Cr] as on Nov 29,2024

(/) Earnings [ ₹816.9 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 50.87x ]

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 50.87 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 50.87x.

- 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 RatioMarket Cap
TATA ELXSI 816.8850.8741,557.2
TATA CONSULTANCY SERVICES LTD47,659.0032.441,546,210.0
INFOSYS LTD26,978.0028.60771,674.0
HCL TECHNOLOGIES LTD16,842.0029.79501,730.0
WIPRO LTD11,846.8025.52302,389.0
LTIMINDTREE LTD4,656.7039.27182,852.0
TECH MAHINDRA LTD3,295.8050.82167,496.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD2,495.3340.68101,509.0
PERSISTENT SYSTEMS LTD1,232.8773.8191,001.2
L&T TECHNOLOGY SERVICES LTD1,312.1042.6155,911.8
MPHASIS LTD1,594.6635.3756,398.9

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

Top 10 Industry PeersPE Ratio
Min industry PE 25.52x
Max industry PE 73.81x
Median industry PE 39.27x
Average industry PE 40.89x



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