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VIRINCHI
PE (Price/Earnings) Ratio

The Current P/E Ratio of VIRINCHI is 28.56.

Share Price ₹28.4Oct 25,2024
Market Cap ₹288.9 Cr
Earnings-TTM₹10.1 CrTTM-Consolidated Results
Price/Earnings28.56xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of VIRINCHI

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 VIRINCHI is calculated as :

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 ]

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

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 latest p/e ratio is 28.56x.

- 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 RatioMarket Cap
VIRINCHI 10.1228.56288.9
TATA CONSULTANCY SERVICES LTD47,659.0030.811,468,180.0
INFOSYS LTD26,978.0028.52769,497.0
HCL TECHNOLOGIES LTD16,842.0029.83502,340.0
WIPRO LTD11,846.8023.99284,182.0
LTIMINDTREE LTD4,656.7037.51174,692.0
TECH MAHINDRA LTD3,295.8050.96167,939.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD2,495.3337.8894,512.1
PERSISTENT SYSTEMS LTD1,232.8770.8687,367.1
L&T TECHNOLOGY SERVICES LTD1,312.1041.7554,777.7
TATA ELXSI LTD816.8853.3143,549.1

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

Top 10 Industry PeersPE 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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