TATA ELXSI
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The Current P/E Ratio of TATA ELXSI is 50.87.
Share Price | ₹6,670.5 | Nov 29,2024 |
Market Cap | ₹41,557.2 Cr | |
Earnings-TTM | ₹816.9 Cr | TTM-Standalone Results |
Price/Earnings | 50.87x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of TATA ELXSI
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 | 50.87 | 41,557.2 |
TATA CONSULTANCY SERVICES LTD | 47,659.00 | 32.44 | 1,546,210.0 |
INFOSYS LTD | 26,978.00 | 28.60 | 771,674.0 |
HCL TECHNOLOGIES LTD | 16,842.00 | 29.79 | 501,730.0 |
WIPRO LTD | 11,846.80 | 25.52 | 302,389.0 |
LTIMINDTREE LTD | 4,656.70 | 39.27 | 182,852.0 |
TECH MAHINDRA LTD | 3,295.80 | 50.82 | 167,496.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 2,495.33 | 40.68 | 101,509.0 |
PERSISTENT SYSTEMS LTD | 1,232.87 | 73.81 | 91,001.2 |
L&T TECHNOLOGY SERVICES LTD | 1,312.10 | 42.61 | 55,911.8 |
MPHASIS LTD | 1,594.66 | 35.37 | 56,398.9 |
IT - Software Industry Benchmark (Top 10) PE Analysis vs TATA ELXSI 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 25.52x |
Max industry PE | 73.81x |
Median industry PE | 39.27x |
Average industry PE | 40.89x |
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