VIRINCHI
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The Current P/E Ratio of VIRINCHI is 28.56.
Share Price | ₹28.4 | Oct 25,2024 |
Market Cap | ₹288.9 Cr | |
Earnings-TTM | ₹10.1 Cr | TTM-Consolidated Results |
Price/Earnings | 28.56x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of VIRINCHI
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹288.9 Cr] as on Oct 25,2024
(/) Earnings [ ₹10.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 28.56x ]
Thus, for VIRINCHI , the investors are currently willing to pay 28.56 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 VIRINCHI !
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 VIRINCHI over the last five years.
Historical PE (Price/Earnings) ratio chart of VIRINCHI
PE Ratio Performance Analysis for VIRINCHI
- VIRINCHI 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 20.43x.
- VIRINCHI 's operated at median p/e ratio of 23.44x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, VIRINCHI 's p/e ratio peaked in Mar2022 at 32.38x.
- VIRINCHI 's p/e ratio hit its five-year low in Mar2020 of 0.92x.
How does VIRINCHI 's P/E Ratio benchmark against top 10 peers in IT - Software Industry?
Peer Comparison (IT - Software Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
VIRINCHI | 10.12 | 28.56 | 288.9 |
TATA CONSULTANCY SERVICES LTD | 47,659.00 | 30.81 | 1,468,180.0 |
INFOSYS LTD | 26,978.00 | 28.52 | 769,497.0 |
HCL TECHNOLOGIES LTD | 16,842.00 | 29.83 | 502,340.0 |
WIPRO LTD | 11,846.80 | 23.99 | 284,182.0 |
LTIMINDTREE LTD | 4,656.70 | 37.51 | 174,692.0 |
TECH MAHINDRA LTD | 3,295.80 | 50.96 | 167,939.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 2,495.33 | 37.88 | 94,512.1 |
PERSISTENT SYSTEMS LTD | 1,232.87 | 70.86 | 87,367.1 |
L&T TECHNOLOGY SERVICES LTD | 1,312.10 | 41.75 | 54,777.7 |
TATA ELXSI LTD | 816.88 | 53.31 | 43,549.1 |
IT - Software Industry Benchmark (Top 10) PE Analysis vs VIRINCHI 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 23.99x |
Max industry PE | 70.86x |
Median industry PE | 37.51x |
Average industry PE | 39.45x |
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