TEJAS NETWORKS
|
The Current P/E Ratio of TEJAS NETWORKS is 135.73.
Share Price | ₹1,322.0 | Sep 06,2024 |
Market Cap | ₹22,632.6 Cr | |
Earnings-TTM | ₹166.8 Cr | TTM-Consolidated Results |
Price/Earnings | 135.73x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of TEJAS NETWORKS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
TEJAS NETWORKS | 166.75 | 135.73 | 22,632.6 |
NETWEB TECHNOLOGIES INDIA LTD | 86.26 | 170.63 | 14,717.7 |
NELCO LTD | 21.98 | 128.34 | 2,820.9 |
CONTROL PRINT LTD | 51.69 | 25.51 | 1,318.4 |
E2E NETWORKS LTD | 25.04 | 158.99 | 3,980.9 |
SILVER TOUCH TECHNOLOGIES LTD | 18.20 | 51.69 | 940.6 |
SWISS MILITARY CONSUMER GOODS LTD | 8.36 | 84.11 | 702.8 |
EMPOWER INDIA LTD | 8.63 | 30.87 | 266.5 |
DC INFOTECH AND COMMUNICATION LTD | 12.56 | 35.29 | 443.4 |
DUCON INFRATECHNOLOGIES LTD | 10.10 | 33.92 | 342.5 |
MROTEK REALTY LTD | 6.04 | 35.18 | 212.5 |
IT - Hardware Industry Benchmark (Top 10) PE Analysis vs TEJAS NETWORKS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 25.51x |
Max industry PE | 170.63x |
Median industry PE | 51.69x |
Average industry PE | 80.93x |
You may also like the below Video Courses