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TECHNVISION VENTURES
PE (Price/Earnings) Ratio

The Current P/E Ratio of TECHNVISION VENTURES is 114.82.

Share Price ₹3,169.2Nov 19,2024
Market Cap ₹1,996.6 Cr
Earnings-TTM₹17.4 CrTTM-Consolidated Results
Price/Earnings114.82xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of TECHNVISION VENTURES

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 TECHNVISION VENTURES is calculated as :

Current Market Cap [ ₹1,996.6 Cr] as on Nov 19,2024

(/) Earnings [ ₹17.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 114.82x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for TECHNVISION VENTURES , the investors are currently willing to pay 114.82 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 TECHNVISION VENTURES !

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 TECHNVISION VENTURES over the last five years.

Historical PE (Price/Earnings) ratio chart of TECHNVISION VENTURES


PE Ratio Performance Analysis for TECHNVISION VENTURES

- TECHNVISION VENTURES 's latest p/e ratio is 114.82x.

- TECHNVISION VENTURES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 126.95x.

- TECHNVISION VENTURES 's operated at median p/e ratio of 29.38x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TECHNVISION VENTURES 's p/e ratio peaked in Mar2023 at 519.72x.

- TECHNVISION VENTURES 's p/e ratio hit its five-year low in Mar2020 of 0x.


How does TECHNVISION VENTURES 's P/E Ratio benchmark against top 10 peers in IT - Software Industry?

Peer Comparison (IT - Software Industry)Earnings-TTM (Cr)PE RatioMarket Cap
TECHNVISION VENTURES 17.39114.821,996.6
TATA CONSULTANCY SERVICES LTD47,659.0030.661,461,450.0
INFOSYS LTD26,978.0028.10758,013.0
HCL TECHNOLOGIES LTD16,842.0029.33493,941.0
WIPRO LTD11,846.8024.80293,842.0
LTIMINDTREE LTD4,656.7037.38174,055.0
TECH MAHINDRA LTD3,295.8050.45166,287.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD2,495.3338.8196,841.7
PERSISTENT SYSTEMS LTD1,232.8771.2787,870.1
L&T TECHNOLOGY SERVICES LTD1,312.1041.4054,325.2
TATA ELXSI LTD816.8849.9340,788.1

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

Top 10 Industry PeersPE Ratio
Min industry PE 24.80x
Max industry PE 114.82x
Median industry PE 38.81x
Average industry PE 47.00x



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