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FIDEL SOFTECH
PE (Price/Earnings) Ratio

The Current P/E Ratio of FIDEL SOFTECH is 24.07.

Share Price ₹106.7May 18,2024
Market Cap ₹147.2 Cr
Earnings-TTM₹6.1 CrTTM-Standalone Results
Price/Earnings24.07xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of FIDEL SOFTECH

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 FIDEL SOFTECH is calculated as :

Current Market Cap [ ₹147.2 Cr] as on May 18,2024

(/) Earnings [ ₹6.1 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 24.07x ]

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

Thus, for FIDEL SOFTECH , the investors are currently willing to pay 24.07 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 FIDEL SOFTECH !

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 FIDEL SOFTECH over the last five years.

Historical PE (Price/Earnings) ratio chart of FIDEL SOFTECH


PE Ratio Performance Analysis for FIDEL SOFTECH

- FIDEL SOFTECH 's latest p/e ratio is 24.07x.

- FIDEL SOFTECH 's p/e ratio for fiscal years ending Mar2023 to Mar2020 averaged 3.89x.

- FIDEL SOFTECH 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 4 fiscal years, FIDEL SOFTECH 's p/e ratio peaked in Mar2023 at 15.57x.

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


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

Peer Comparison (IT - Software Industry)Earnings-TTM (Cr)PE RatioMarket Cap
FIDEL SOFTECH 6.1124.07147.2
TATA CONSULTANCY SERVICES LTD46,099.0030.221,392,960.0
INFOSYS LTD26,248.0022.84599,376.0
HCL TECHNOLOGIES LTD15,710.0023.12363,265.0
WIPRO LTD11,135.4021.71241,720.0
LTIMINDTREE LTD4,584.6030.69140,704.0
TECH MAHINDRA LTD2,386.3053.45127,538.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD2,219.3630.4667,592.5
PERSISTENT SYSTEMS LTD1,093.4949.7054,345.8
L&T TECHNOLOGY SERVICES LTD1,306.2036.0547,088.5
TATA ELXSI LTD792.2457.4745,530.9

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

Top 10 Industry PeersPE Ratio
Min industry PE 21.71x
Max industry PE 57.47x
Median industry PE 30.46x
Average industry PE 34.52x



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