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VARANIUM CLOUD
PE (Price/Earnings) Ratio

The Current P/E Ratio of VARANIUM CLOUD is 0.72.

Share Price ₹15.9Nov 19,2024
Market Cap ₹70.3 Cr
Earnings-TTM₹97.0 CrTTM-Standalone Results
Price/Earnings0.72xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of VARANIUM CLOUD

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 VARANIUM CLOUD is calculated as :

Current Market Cap [ ₹70.3 Cr] as on Nov 19,2024

(/) Earnings [ ₹97.0 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 0.72x ]

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

Thus, for VARANIUM CLOUD , the investors are currently willing to pay 0.72 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 VARANIUM CLOUD !

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 VARANIUM CLOUD over the last five years.

Historical PE (Price/Earnings) ratio chart of VARANIUM CLOUD


PE Ratio Performance Analysis for VARANIUM CLOUD

- VARANIUM CLOUD 's latest p/e ratio is 0.72x.

- VARANIUM CLOUD 's p/e ratio for fiscal years ending Mar2023 to Mar2020 averaged 0.51x.

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

- Looking back at the last 4 fiscal years, VARANIUM CLOUD 's p/e ratio peaked in Mar2023 at 2.02x.

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


How does VARANIUM CLOUD 's P/E Ratio benchmark against top 10 peers in Business Support Industry?

Peer Comparison (Business Support Industry)Earnings-TTM (Cr)PE RatioMarket Cap
VARANIUM CLOUD 97.040.7270.3
SYNGENE INTERNATIONAL LTD481.9071.0234,225.7
SUN PHARMA ADVANCED RESEARCH COMPANY LTD-410.87-15.496,363.9
LATENT VIEW ANALYTICS LTD171.3953.779,215.3
JUST DIAL LTD362.9325.219,148.2
DREAMFOLKS SERVICES LTD71.1931.812,264.7
EKI ENERGY SERVICES LTD-48.18-12.47600.8
AGS TRANSACT TECHNOLOGIES LTD9.19107.98992.8
JAYKAY ENTERPRISES LTD11.63121.621,414.7
QUINT DIGITAL LTD46.027.31336.2
PTL ENTERPRISES LTD29.9918.01540.1

Business Support Industry Benchmark (Top 10) PE Analysis vs VARANIUM CLOUD 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -15.49x
Max industry PE 121.62x
Median industry PE 25.21x
Average industry PE 37.23x



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