WIPRO
|
The Current P/E Ratio of WIPRO is 24.80.
Share Price | ₹561.7 | Nov 19,2024 |
Market Cap | ₹293,844.0 Cr | |
Earnings-TTM | ₹11,846.8 Cr | TTM-Consolidated Results |
Price/Earnings | 24.80x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of WIPRO
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹293,844.0 Cr] as on Nov 19,2024
(/) Earnings [ ₹11,846.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 24.80x ]
Thus, for WIPRO , the investors are currently willing to pay 24.80 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 WIPRO !
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 WIPRO over the last five years.
Historical PE (Price/Earnings) ratio chart of WIPRO
PE Ratio Performance Analysis for WIPRO
- WIPRO 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 19.90x.
- WIPRO 's operated at median p/e ratio of 21.02x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, WIPRO 's p/e ratio peaked in Mar2022 at 26.54x.
- WIPRO 's p/e ratio hit its five-year low in Mar2020 of 11.55x.
How does WIPRO '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 |
---|---|---|---|
WIPRO | 11,846.80 | 24.80 | 293,844.0 |
TATA CONSULTANCY SERVICES LTD | 47,659.00 | 30.66 | 1,461,450.0 |
INFOSYS LTD | 26,978.00 | 28.10 | 758,013.0 |
HCL TECHNOLOGIES LTD | 16,842.00 | 29.33 | 493,941.0 |
LTIMINDTREE LTD | 4,656.70 | 37.38 | 174,055.0 |
TECH MAHINDRA LTD | 3,295.80 | 50.45 | 166,287.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 2,495.33 | 38.81 | 96,841.7 |
PERSISTENT SYSTEMS LTD | 1,232.87 | 71.27 | 87,870.1 |
L&T TECHNOLOGY SERVICES LTD | 1,312.10 | 41.40 | 54,325.2 |
TATA ELXSI LTD | 816.88 | 49.93 | 40,788.1 |
MPHASIS LTD | 1,594.66 | 33.13 | 52,826.1 |
IT - Software Industry Benchmark (Top 10) PE Analysis vs WIPRO 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 24.80x |
Max industry PE | 71.27x |
Median industry PE | 37.38x |
Average industry PE | 39.57x |
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