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BARTRONICS INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of BARTRONICS INDIA is 1.67.

Share Price ₹22.6May 14,2024
Market Cap ₹689.0 Cr
Earnings-TTM₹412.4 CrTTM-Consolidated Results
Price/Earnings1.67xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of BARTRONICS INDIA

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 BARTRONICS INDIA is calculated as :

Current Market Cap [ ₹689.0 Cr] as on May 14,2024

(/) Earnings [ ₹412.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 1.67x ]

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

Thus, for BARTRONICS INDIA , the investors are currently willing to pay 1.67 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 BARTRONICS INDIA !

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 BARTRONICS INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of BARTRONICS INDIA


PE Ratio Performance Analysis for BARTRONICS INDIA

- BARTRONICS INDIA 's latest p/e ratio is 1.67x.

- BARTRONICS INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.09x.

- BARTRONICS INDIA '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, BARTRONICS INDIA 's p/e ratio peaked in Mar2023 at 0.47x.

- BARTRONICS INDIA 's p/e ratio hit its five-year low in Mar2022 of 0x.


How does BARTRONICS INDIA 's P/E Ratio benchmark against top 10 peers in IT - Software Industry?

Peer Comparison (IT - Software Industry)Earnings-TTM (Cr)PE RatioMarket Cap
BARTRONICS INDIA 412.411.67689.0
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 BARTRONICS INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 1.67x
Max industry PE 55.70x
Median industry PE 30.58x
Average industry PE 32.01x



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