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ALL E TECHNOLOGIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of ALL E TECHNOLOGIES is 29.44.

Share Price ₹255.2May 13,2024
Market Cap ₹515.5 Cr
Earnings-TTM₹17.5 CrTTM-Consolidated Results
Price/Earnings29.44xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ALL E 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 ALL E TECHNOLOGIES is calculated as :

Current Market Cap [ ₹515.5 Cr] as on May 13,2024

(/) Earnings [ ₹17.5 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 29.44x ]

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

Thus, for ALL E TECHNOLOGIES , the investors are currently willing to pay 29.44 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 ALL E 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 ALL E TECHNOLOGIES over the last five years.

Historical PE (Price/Earnings) ratio chart of ALL E TECHNOLOGIES


PE Ratio Performance Analysis for ALL E TECHNOLOGIES

- ALL E TECHNOLOGIES 's latest p/e ratio is 29.44x.

- ALL E TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.04x.

- ALL E 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, ALL E TECHNOLOGIES 's p/e ratio peaked in Mar2023 at 15.18x.

- ALL E TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2022 of 0x.


How does ALL E 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
ALL E TECHNOLOGIES 17.5129.44515.5
TATA CONSULTANCY SERVICES LTD46,099.0030.621,411,760.0
INFOSYS LTD26,248.0022.54591,530.0
HCL TECHNOLOGIES LTD15,710.0022.81358,421.0
WIPRO LTD11,135.4021.42238,559.0
LTIMINDTREE LTD4,584.6029.95137,291.0
TECH MAHINDRA LTD2,386.3052.22124,602.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD2,219.3630.5867,868.7
PERSISTENT SYSTEMS LTD1,093.4948.2652,772.1
L&T TECHNOLOGY SERVICES LTD1,306.2036.2947,399.4
TATA ELXSI LTD792.2455.7044,127.2

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

Top 10 Industry PeersPE Ratio
Min industry PE 21.42x
Max industry PE 55.70x
Median industry PE 30.58x
Average industry PE 34.53x



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