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63 MOONS TECHNOLOGIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of 63 MOONS TECHNOLOGIES is 10.24.

Share Price ₹425.4Apr 25,2024
Market Cap ₹1,961.1 Cr
Earnings-TTM₹191.5 CrTTM-Consolidated Results
Price/Earnings10.24xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of 63 MOONS TECHNOLOGIES

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 63 MOONS TECHNOLOGIES is calculated as :

Current Market Cap [ ₹1,961.1 Cr] as on Apr 25,2024

(/) Earnings [ ₹191.5 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 10.24x ]

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

Thus, for 63 MOONS TECHNOLOGIES , the investors are currently willing to pay 10.24 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 63 MOONS TECHNOLOGIES !

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 63 MOONS TECHNOLOGIES over the last five years.

Historical PE (Price/Earnings) ratio chart of 63 MOONS TECHNOLOGIES


PE Ratio Performance Analysis for 63 MOONS TECHNOLOGIES

- 63 MOONS TECHNOLOGIES 's latest p/e ratio is 10.24x.

- 63 MOONS TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.00x.

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

- Looking back at the last 5 fiscal years, 63 MOONS TECHNOLOGIES 's p/e ratio peaked in Mar2023 at 0x.

- 63 MOONS TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does 63 MOONS TECHNOLOGIES 's P/E Ratio benchmark against top 10 peers in IT - Software Industry?

Peer Comparison (IT - Software Industry)Earnings-TTM (Cr)PE RatioMarket Cap
63 MOONS TECHNOLOGIES 191.4910.241,961.1
TATA CONSULTANCY SERVICES LTD46,099.0030.231,393,630.0
INFOSYS LTD26,248.0022.75597,061.0
HCL TECHNOLOGIES LTD15,696.0026.00408,040.0
WIPRO LTD11,135.4021.63240,892.0
LTIMINDTREE LTD4,584.6029.95137,315.0
TECH MAHINDRA LTD2,386.3048.72116,249.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD2,219.3627.8861,875.7
PERSISTENT SYSTEMS LTD1,093.4948.3352,843.0
L&T TECHNOLOGY SERVICES LTD1,306.2041.9554,793.0
TATA ELXSI LTD792.2455.7644,177.4

IT - Software Industry Benchmark (Top 10) PE Analysis vs 63 MOONS TECHNOLOGIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 10.24x
Max industry PE 55.76x
Median industry PE 29.95x
Average industry PE 33.04x



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