INNOVANA THINKLABS
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The Current P/E Ratio of INNOVANA THINKLABS is 23.11.
| Share Price | ₹280.2 | Oct 23,2026 |
| Market Cap | ₹579.9 Cr | |
| Earnings-TTM | ₹25.1 Cr | TTM-Consolidated Results |
| Price/Earnings | 23.11x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of INNOVANA THINKLABS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹579.9 Cr] as on Oct 23,2026
(/) Earnings [ ₹25.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 23.11x ]
Thus, for INNOVANA THINKLABS , the investors are currently willing to pay 23.11 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 INNOVANA THINKLABS !
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 INNOVANA THINKLABS over the last five years.
Historical PE (Price/Earnings) ratio chart of INNOVANA THINKLABS
PE Ratio Performance Analysis for INNOVANA THINKLABS
- INNOVANA THINKLABS 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 18.60x.
- INNOVANA THINKLABS 's operated at median p/e ratio of 17.34x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, INNOVANA THINKLABS 's p/e ratio peaked in Mar2024 at 27.03x.
- INNOVANA THINKLABS 's p/e ratio hit its five-year low in Mar2022 of 11.22x.
How does INNOVANA THINKLABS '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 |
|---|---|---|---|
| INNOVANA THINKLABS | 25.09 | 23.11 | 579.9 |
| TATA CONSULTANCY SERVICES LTD | 51,858.00 | 17.64 | 914,652.0 |
| INFOSYS LTD | 30,788.00 | 15.22 | 468,528.0 |
| HCL TECHNOLOGIES LTD | 18,368.00 | 21.04 | 386,426.0 |
| WIPRO LTD | 13,209.00 | 14.23 | 187,950.0 |
| TECH MAHINDRA LTD | 5,574.50 | 31.46 | 175,398.0 |
| LTM LTD | 5,195.40 | 23.62 | 122,718.0 |
| ORACLE FINANCIAL SERVICES SOFTWARE LTD | 3,569.20 | 23.55 | 84,063.8 |
| PERSISTENT SYSTEMS LTD | 1,803.27 | 49.99 | 90,153.4 |
| COFORGE LTD | 2,099.50 | 40.09 | 84,177.3 |
| MPHASIS LTD | 1,915.28 | 24.87 | 47,640.1 |
IT - Software Industry Benchmark (Top 10) PE Analysis vs INNOVANA THINKLABS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 14.23x |
| Max industry PE | 49.99x |
| Median industry PE | 23.55x |
| Average industry PE | 25.89x |
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