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CYIENT
PE (Price/Earnings) Ratio

The Current P/E Ratio of CYIENT is 33.37.

Share Price ₹2,013.3Apr 18,2024
Market Cap ₹22,327.5 Cr
Earnings-TTM₹669.1 CrTTM-Consolidated Results
Price/Earnings33.37xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of CYIENT

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 CYIENT is calculated as :

Current Market Cap [ ₹22,327.5 Cr] as on Apr 18,2024

(/) Earnings [ ₹669.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 33.37x ]

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

Thus, for CYIENT , the investors are currently willing to pay 33.37 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 CYIENT !

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 CYIENT over the last five years.

Historical PE (Price/Earnings) ratio chart of CYIENT


PE Ratio Performance Analysis for CYIENT

- CYIENT 's latest p/e ratio is 33.37x.

- CYIENT 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 16.58x.

- CYIENT 's operated at median p/e ratio of 19.61x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, CYIENT 's p/e ratio peaked in Mar2023 at 21.34x.

- CYIENT 's p/e ratio hit its five-year low in Mar2020 of 7.38x.


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

Peer Comparison (IT - Software Industry)Earnings-TTM (Cr)PE RatioMarket Cap
CYIENT 669.1033.3722,327.5
TATA CONSULTANCY SERVICES LTD46,099.0030.321,397,850.0
INFOSYS LTD26,248.0022.46589,652.0
HCL TECHNOLOGIES LTD15,696.0025.37398,271.0
WIPRO LTD11,350.1020.45232,158.0
LTIMINDTREE LTD4,598.0030.31139,345.0
TECH MAHINDRA LTD2,858.5040.32115,243.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD2,138.5431.2966,911.7
PERSISTENT SYSTEMS LTD1,029.6857.4759,174.5
L&T TECHNOLOGY SERVICES LTD1,275.7043.7455,796.3
TATA ELXSI LTD796.8258.5646,664.7

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

Top 10 Industry PeersPE Ratio
Min industry PE 20.45x
Max industry PE 58.56x
Median industry PE 31.29x
Average industry PE 35.79x



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