ATHENA GLOBAL TECHNOLOGIES
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The Current P/E Ratio of ATHENA GLOBAL TECHNOLOGIES is -5.46.
Share Price | ₹89.0 | Apr 22,2024 |
Market Cap | ₹125.5 Cr | |
Earnings-TTM | ₹-23.0 Cr | TTM-Consolidated Results |
Price/Earnings | -5.46x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of ATHENA GLOBAL TECHNOLOGIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹125.5 Cr] as on Apr 22,2024
(/) Earnings [ ₹-23.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -5.46x ]
Thus, for ATHENA GLOBAL TECHNOLOGIES , the investors are currently willing to pay -5.46 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 ATHENA GLOBAL 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 ATHENA GLOBAL TECHNOLOGIES over the last five years.
Historical PE (Price/Earnings) ratio chart of ATHENA GLOBAL TECHNOLOGIES
PE Ratio Performance Analysis for ATHENA GLOBAL TECHNOLOGIES
- ATHENA GLOBAL TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.00x.
- ATHENA GLOBAL 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, ATHENA GLOBAL TECHNOLOGIES 's p/e ratio peaked in Mar2023 at 0x.
- ATHENA GLOBAL TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does ATHENA GLOBAL TECHNOLOGIES '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 |
---|---|---|---|
ATHENA GLOBAL TECHNOLOGIES | -23.00 | -5.46 | 125.5 |
TATA CONSULTANCY SERVICES LTD | 46,099.00 | 30.34 | 1,398,550.0 |
INFOSYS LTD | 26,248.00 | 22.65 | 594,612.0 |
HCL TECHNOLOGIES LTD | 15,696.00 | 25.34 | 397,769.0 |
WIPRO LTD | 11,135.40 | 21.68 | 241,381.0 |
LTIMINDTREE LTD | 4,598.00 | 30.14 | 138,597.0 |
TECH MAHINDRA LTD | 2,858.50 | 41.27 | 117,963.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 2,138.54 | 30.56 | 65,345.4 |
PERSISTENT SYSTEMS LTD | 1,093.49 | 49.46 | 54,080.8 |
L&T TECHNOLOGY SERVICES LTD | 1,275.70 | 43.00 | 54,855.1 |
TATA ELXSI LTD | 796.82 | 58.12 | 46,309.7 |
IT - Software Industry Benchmark (Top 10) PE Analysis vs ATHENA GLOBAL TECHNOLOGIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -5.46x |
Max industry PE | 58.12x |
Median industry PE | 30.34x |
Average industry PE | 31.55x |
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