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CEINSYS TECH
PE (Price/Earnings) Ratio

The Current P/E Ratio of CEINSYS TECH is 29.83.

Share Price ₹621.8Apr 25,2024
Market Cap ₹1,013.5 Cr
Earnings-TTM₹34.0 CrTTM-Consolidated Results
Price/Earnings29.83xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of CEINSYS TECH

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 CEINSYS TECH is calculated as :

Current Market Cap [ ₹1,013.5 Cr] as on Apr 25,2024

(/) Earnings [ ₹34.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 29.83x ]

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

Thus, for CEINSYS TECH , the investors are currently willing to pay 29.83 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 CEINSYS TECH !

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 CEINSYS TECH over the last five years.

Historical PE (Price/Earnings) ratio chart of CEINSYS TECH


PE Ratio Performance Analysis for CEINSYS TECH

- CEINSYS TECH 's latest p/e ratio is 29.83x.

- CEINSYS TECH 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 28.16x.

- CEINSYS TECH 's operated at median p/e ratio of 26.93x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, CEINSYS TECH 's p/e ratio peaked in Mar2021 at 69.08x.

- CEINSYS TECH 's p/e ratio hit its five-year low in Mar2020 of 4.17x.


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

Peer Comparison (IT - Software Industry)Earnings-TTM (Cr)PE RatioMarket Cap
CEINSYS TECH 33.9829.831,013.5
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 CEINSYS TECH 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 21.63x
Max industry PE 55.76x
Median industry PE 29.95x
Average industry PE 34.82x



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