TEJAS NETWORKS
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The Current P/E Ratio of TEJAS NETWORKS is 23.64.
| Share Price | ₹894.9 | Jan 27,2025 |
| Market Cap | ₹15,723.4 Cr | |
| Earnings-TTM | ₹665.1 Cr | TTM-Consolidated Results |
| Price/Earnings | 23.64x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
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)
Current Market Cap [ ₹15,723.4 Cr] as on Jan 27,2025
(/) Earnings [ ₹665.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 23.64x ]
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 23.64 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.
Thus, for TEJAS NETWORKS , the investors are currently willing to pay 23.64 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 23.64x.
- 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.
- 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 | 665.11 | 23.64 | 15,723.4 |
| NETWEB TECHNOLOGIES INDIA LTD | 101.14 | 90.43 | 9,146.1 |
| NELCO LTD | 19.18 | 118.92 | 2,280.8 |
| CONTROL PRINT LTD | 45.88 | 22.96 | 1,053.5 |
| E2E NETWORKS LTD | 37.41 | 167.91 | 6,281.1 |
| SILVER TOUCH TECHNOLOGIES LTD | 18.99 | 43.46 | 825.5 |
| SWISS MILITARY CONSUMER GOODS LTD | 8.27 | 92.17 | 762.5 |
| EMPOWER INDIA LTD | 10.12 | 22.08 | 223.5 |
| DC INFOTECH AND COMMUNICATION LTD | 13.12 | 32.49 | 426.3 |
| DUCON INFRATECHNOLOGIES LTD | 12.75 | 16.89 | 215.4 |
| MROTEK REALTY LTD | 3.25 | 45.94 | 149.5 |
IT - Hardware Industry Benchmark (Top 10) PE Analysis vs TEJAS NETWORKS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 16.89x |
| Max industry PE | 167.91x |
| Median industry PE | 43.46x |
| Average industry PE | 61.54x |
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