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TRACXN TECHNOLOGIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of TRACXN TECHNOLOGIES is 2,813.49.

Share Price ₹68.7Jan 29,2025
Market Cap ₹728.7 Cr
Earnings-TTM₹0.3 CrTTM-Standalone Results
Price/Earnings2,813.49xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of TRACXN TECHNOLOGIES

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 TRACXN TECHNOLOGIES is calculated as :

Current Market Cap [ ₹728.7 Cr] as on Jan 29,2025

(/) Earnings [ ₹0.3 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 2,813.49x ]

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

Thus, for TRACXN TECHNOLOGIES , the investors are currently willing to pay 2,813.49 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 TRACXN TECHNOLOGIES !

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 TRACXN TECHNOLOGIES over the last five years.

Historical PE (Price/Earnings) ratio chart of TRACXN TECHNOLOGIES


PE Ratio Performance Analysis for TRACXN TECHNOLOGIES

- TRACXN TECHNOLOGIES 's latest p/e ratio is 2,813.49x.

- TRACXN TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 31.32x.

- TRACXN TECHNOLOGIES '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, TRACXN TECHNOLOGIES 's p/e ratio peaked in Mar2024 at 136.88x.

- TRACXN TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2022 of 0x.


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

Peer Comparison (IT - Software Industry)Earnings-TTM (Cr)PE RatioMarket Cap
TRACXN TECHNOLOGIES 0.262,813.49728.7
TATA CONSULTANCY SERVICES LTD49,006.0030.241,482,100.0
INFOSYS LTD27,687.0028.21780,981.0
HCL TECHNOLOGIES LTD17,085.0027.31466,574.0
WIPRO LTD12,512.0026.13326,980.0
LTIMINDTREE LTD4,574.1038.09174,237.0
TECH MAHINDRA LTD3,759.1043.75164,454.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD2,295.8236.0782,815.0
PERSISTENT SYSTEMS LTD1,319.7273.3696,808.1
L&T TECHNOLOGY SERVICES LTD1,294.8043.6456,511.1
TATA ELXSI LTD809.4547.5138,455.4

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

Top 10 Industry PeersPE Ratio
Min industry PE 2.00x
Max industry PE 73.36x
Median industry PE 36.07x
Average industry PE 36.03x



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