INNOVANA THINKLABS
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The Current P/E Ratio of INNOVANA THINKLABS is 16.32.
Share Price | ₹316.0 | May 06,2025 |
Market Cap | ₹647.8 Cr | |
Earnings-TTM | ₹39.7 Cr | TTM-Consolidated Results |
Price/Earnings | 16.32x | Calculated as Market Cap/Earnings |
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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 [ ₹647.8 Cr] as on May 06,2025
(/) Earnings [ ₹39.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 16.32x ]
Thus, for INNOVANA THINKLABS , the investors are currently willing to pay 16.32 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 Mar2024 to Mar2020 averaged 13.38x.
- INNOVANA THINKLABS 's operated at median p/e ratio of 11.22x 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 Mar2020 of 1.78x.
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 | 39.68 | 16.32 | 647.8 |
TATA CONSULTANCY SERVICES LTD | 48,797.00 | 25.54 | 1,246,500.0 |
INFOSYS LTD | 26,750.00 | 23.42 | 626,615.0 |
HCL TECHNOLOGIES LTD | 17,399.00 | 24.37 | 424,051.0 |
WIPRO LTD | 13,192.60 | 19.37 | 255,601.0 |
TECH MAHINDRA LTD | 4,244.40 | 34.50 | 146,430.0 |
LTIMINDTREE LTD | 4,602.00 | 29.35 | 135,086.0 |
PERSISTENT SYSTEMS LTD | 1,400.16 | 60.49 | 84,699.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 2,379.60 | 31.21 | 74,260.3 |
COFORGE LTD | 934.70 | 54.37 | 50,817.6 |
L&T TECHNOLOGY SERVICES LTD | 1,263.60 | 34.22 | 43,240.5 |
IT - Software Industry Benchmark (Top 10) PE Analysis vs INNOVANA THINKLABS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 16.32x |
Max industry PE | 60.49x |
Median industry PE | 29.35x |
Average industry PE | 32.11x |
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