TECH MAHINDRA
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The Current P/E Ratio of TECH MAHINDRA is 43.21.
Share Price | ₹1,659.5 | Feb 04,2025 |
Market Cap | ₹162,431.9 Cr | |
Earnings-TTM | ₹3,759.1 Cr | TTM-Consolidated Results |
Price/Earnings | 43.21x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of TECH MAHINDRA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹162,431.9 Cr] as on Feb 04,2025
(/) Earnings [ ₹3,759.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 43.21x ]
Thus, for TECH MAHINDRA , the investors are currently willing to pay 43.21 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 TECH MAHINDRA !
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 TECH MAHINDRA over the last five years.
Historical PE (Price/Earnings) ratio chart of TECH MAHINDRA
PE Ratio Performance Analysis for TECH MAHINDRA
- TECH MAHINDRA 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 24.46x.
- TECH MAHINDRA 's operated at median p/e ratio of 20.07x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TECH MAHINDRA 's p/e ratio peaked in Mar2024 at 46.81x.
- TECH MAHINDRA 's p/e ratio hit its five-year low in Mar2020 of 12.21x.
How does TECH MAHINDRA '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 |
---|---|---|---|
TECH MAHINDRA | 3,759.10 | 43.21 | 162,431.9 |
TATA CONSULTANCY SERVICES LTD | 49,006.00 | 30.20 | 1,480,070.0 |
INFOSYS LTD | 27,687.00 | 28.45 | 787,728.0 |
HCL TECHNOLOGIES LTD | 17,085.00 | 27.20 | 464,797.0 |
WIPRO LTD | 12,512.00 | 26.54 | 332,031.0 |
LTIMINDTREE LTD | 4,574.10 | 39.01 | 178,432.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 2,295.82 | 35.21 | 80,827.0 |
PERSISTENT SYSTEMS LTD | 1,319.72 | 72.25 | 95,344.6 |
L&T TECHNOLOGY SERVICES LTD | 1,294.80 | 45.90 | 59,428.1 |
TATA ELXSI LTD | 809.45 | 49.15 | 39,783.6 |
MPHASIS LTD | 1,648.86 | 32.74 | 53,980.8 |
IT - Software Industry Benchmark (Top 10) PE Analysis vs TECH MAHINDRA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 26.54x |
Max industry PE | 72.25x |
Median industry PE | 35.21x |
Average industry PE | 39.08x |
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