INNOVANA THINKLABS
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The Current P/E Ratio of INNOVANA THINKLABS is 24.74.
| Share Price | ₹299.9 | Oct 09,2026 |
| Market Cap | ₹620.8 Cr | |
| Earnings-TTM | ₹25.1 Cr | TTM-Consolidated Results |
| Price/Earnings | 24.74x | 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 [ ₹620.8 Cr] as on Oct 09,2026
(/) Earnings [ ₹25.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 24.74x ]
Thus, for INNOVANA THINKLABS , the investors are currently willing to pay 24.74 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 | 24.74 | 620.8 |
| TATA CONSULTANCY SERVICES LTD | 51,858.00 | 15.09 | 782,592.0 |
| INFOSYS LTD | 30,325.00 | 13.70 | 415,588.0 |
| HCL TECHNOLOGIES LTD | 17,434.00 | 18.90 | 329,520.0 |
| WIPRO LTD | 13,265.10 | 12.15 | 161,155.0 |
| TECH MAHINDRA LTD | 5,169.30 | 28.77 | 148,695.0 |
| LTM LTD | 5,196.70 | 23.20 | 120,581.0 |
| ORACLE FINANCIAL SERVICES SOFTWARE LTD | 3,412.90 | 26.73 | 91,240.2 |
| PERSISTENT SYSTEMS LTD | 1,923.23 | 47.00 | 90,386.0 |
| COFORGE LTD | 1,920.00 | 43.10 | 82,759.6 |
| MPHASIS LTD | 1,915.28 | 23.43 | 44,875.2 |
IT - Software Industry Benchmark (Top 10) PE Analysis vs INNOVANA THINKLABS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 12.15x |
| Max industry PE | 47.00x |
| Median industry PE | 23.43x |
| Average industry PE | 25.17x |
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