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VEDAVAAG SYSTEMS
PE (Price/Earnings) Ratio

The Current P/E Ratio of VEDAVAAG SYSTEMS is 18.99.

Share Price ₹66.8Jan 30,2025
Market Cap ₹153.1 Cr
Earnings-TTM₹8.1 CrTTM-Consolidated Results
Price/Earnings18.99xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of VEDAVAAG SYSTEMS

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 VEDAVAAG SYSTEMS is calculated as :

Current Market Cap [ ₹153.1 Cr] as on Jan 30,2025

(/) Earnings [ ₹8.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 18.99x ]

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

Thus, for VEDAVAAG SYSTEMS , the investors are currently willing to pay 18.99 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 VEDAVAAG SYSTEMS !

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 VEDAVAAG SYSTEMS over the last five years.

Historical PE (Price/Earnings) ratio chart of VEDAVAAG SYSTEMS


PE Ratio Performance Analysis for VEDAVAAG SYSTEMS

- VEDAVAAG SYSTEMS 's latest p/e ratio is 18.99x.

- VEDAVAAG SYSTEMS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 11.15x.

- VEDAVAAG SYSTEMS 's operated at median p/e ratio of 11.35x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, VEDAVAAG SYSTEMS 's p/e ratio peaked in Mar2022 at 15.97x.

- VEDAVAAG SYSTEMS 's p/e ratio hit its five-year low in Mar2020 of 5.78x.


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

Peer Comparison (IT - Software Industry)Earnings-TTM (Cr)PE RatioMarket Cap
VEDAVAAG SYSTEMS 8.0618.99153.1
TATA CONSULTANCY SERVICES LTD49,006.0030.291,484,300.0
INFOSYS LTD27,687.0027.89772,261.0
HCL TECHNOLOGIES LTD17,085.0027.22465,068.0
WIPRO LTD12,512.0025.88323,839.0
LTIMINDTREE LTD4,574.1037.85173,146.0
TECH MAHINDRA LTD3,759.1043.49163,470.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD2,295.8234.0278,110.4
PERSISTENT SYSTEMS LTD1,319.7270.7493,362.0
L&T TECHNOLOGY SERVICES LTD1,294.8044.2557,299.4
TATA ELXSI LTD809.4547.2438,235.3

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

Top 10 Industry PeersPE Ratio
Min industry PE 18.99x
Max industry PE 70.74x
Median industry PE 34.02x
Average industry PE 37.08x



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