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TEJAS NETWORKS
PE (Price/Earnings) Ratio

The Current P/E Ratio of TEJAS NETWORKS is 135.73.

Share Price ₹1,322.0Sep 06,2024
Market Cap ₹22,632.6 Cr
Earnings-TTM₹166.8 CrTTM-Consolidated Results
Price/Earnings135.73xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of TEJAS NETWORKS

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 TEJAS NETWORKS is calculated as :

Current Market Cap [ ₹22,632.6 Cr] as on Sep 06,2024

(/) Earnings [ ₹166.8 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 135.73x ]

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

Thus, for TEJAS NETWORKS , the investors are currently willing to pay 135.73 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 TEJAS NETWORKS !

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 TEJAS NETWORKS over the last five years.

Historical PE (Price/Earnings) ratio chart of TEJAS NETWORKS


PE Ratio Performance Analysis for TEJAS NETWORKS

- TEJAS NETWORKS 's latest p/e ratio is 135.73x.

- TEJAS NETWORKS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 43.48x.

- TEJAS NETWORKS 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TEJAS NETWORKS 's p/e ratio peaked in Mar2024 at 177.83x.

- TEJAS NETWORKS 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does TEJAS NETWORKS 's P/E Ratio benchmark against top 10 peers in IT - Hardware Industry?

Peer Comparison (IT - Hardware Industry)Earnings-TTM (Cr)PE RatioMarket Cap
TEJAS NETWORKS 166.75135.7322,632.6
NETWEB TECHNOLOGIES INDIA LTD86.26170.6314,717.7
NELCO LTD21.98128.342,820.9
CONTROL PRINT LTD51.6925.511,318.4
E2E NETWORKS LTD25.04158.993,980.9
SILVER TOUCH TECHNOLOGIES LTD18.2051.69940.6
SWISS MILITARY CONSUMER GOODS LTD8.3684.11702.8
EMPOWER INDIA LTD8.6330.87266.5
DC INFOTECH AND COMMUNICATION LTD12.5635.29443.4
DUCON INFRATECHNOLOGIES LTD10.1033.92342.5
MROTEK REALTY LTD6.0435.18212.5

IT - Hardware Industry Benchmark (Top 10) PE Analysis vs TEJAS NETWORKS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 25.51x
Max industry PE 170.63x
Median industry PE 51.69x
Average industry PE 80.93x



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