ELNET TECHNOLOGIES
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The Current P/E Ratio of ELNET TECHNOLOGIES is 6.03.
| Share Price | ₹303.0 | Oct 27,2026 |
| Market Cap | ₹121.2 Cr | |
| Earnings-TTM | ₹20.1 Cr | TTM-Standalone Results |
| Price/Earnings | 6.03x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of ELNET TECHNOLOGIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹121.2 Cr] as on Oct 27,2026
(/) Earnings [ ₹20.1 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 6.03x ]
Thus, for ELNET TECHNOLOGIES , the investors are currently willing to pay 6.03 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 ELNET 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 ELNET TECHNOLOGIES over the last five years.
Historical PE (Price/Earnings) ratio chart of ELNET TECHNOLOGIES
PE Ratio Performance Analysis for ELNET TECHNOLOGIES
- ELNET TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 6.30x.
- ELNET TECHNOLOGIES 's operated at median p/e ratio of 5.95x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ELNET TECHNOLOGIES 's p/e ratio peaked in Mar2025 at 8.27x.
- ELNET TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2023 of 4.67x.
How does ELNET 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 |
|---|---|---|---|
| ELNET TECHNOLOGIES | 20.10 | 6.03 | 121.2 |
| TATA CONSULTANCY SERVICES LTD | 51,858.00 | 17.44 | 904,522.0 |
| INFOSYS LTD | 30,788.00 | 15.32 | 471,553.0 |
| HCL TECHNOLOGIES LTD | 18,368.00 | 20.92 | 384,255.0 |
| WIPRO LTD | 13,209.00 | 14.02 | 185,226.0 |
| TECH MAHINDRA LTD | 5,574.50 | 31.77 | 177,123.0 |
| LTM LTD | 5,195.40 | 23.19 | 120,479.0 |
| ORACLE FINANCIAL SERVICES SOFTWARE LTD | 3,569.20 | 24.18 | 86,315.4 |
| PERSISTENT SYSTEMS LTD | 1,803.27 | 53.66 | 96,764.1 |
| COFORGE LTD | 2,099.50 | 42.12 | 88,430.5 |
| MPHASIS LTD | 1,915.28 | 25.73 | 49,276.6 |
IT - Software Industry Benchmark (Top 10) PE Analysis vs ELNET TECHNOLOGIES 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 6.03x |
| Max industry PE | 53.66x |
| Median industry PE | 23.19x |
| Average industry PE | 24.94x |
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