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TEJAS NETWORKS
PE (Price/Earnings) Ratio

The Current P/E Ratio of TEJAS NETWORKS is 47.79.

Share Price ₹1,268.3Nov 21,2024
Market Cap ₹21,726.0 Cr
Earnings-TTM₹454.6 CrTTM-Consolidated Results
Price/Earnings47.79xCalculated 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 [ ₹21,726.0 Cr] as on Nov 21,2024

(/) Earnings [ ₹454.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 47.79x ]

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 47.79 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 47.79x.

- 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 454.5747.7921,726.0
NETWEB TECHNOLOGIES INDIA LTD96.83163.0915,792.0
NELCO LTD20.14105.922,133.2
CONTROL PRINT LTD51.0521.471,096.3
E2E NETWORKS LTD31.39240.627,553.8
SILVER TOUCH TECHNOLOGIES LTD18.9948.85927.9
SWISS MILITARY CONSUMER GOODS LTD8.27107.83892.0
EMPOWER INDIA LTD10.1224.72250.2
DC INFOTECH AND COMMUNICATION LTD13.1233.49439.4
DUCON INFRATECHNOLOGIES LTD10.1025.33255.7
MROTEK REALTY LTD10.9114.39157.0

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

Top 10 Industry PeersPE Ratio
Min industry PE 14.39x
Max industry PE 240.62x
Median industry PE 47.79x
Average industry PE 75.77x



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