INNOVANA THINKLABS
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The Current P/E Ratio of INNOVANA THINKLABS is 27.87.
Share Price | ₹565.6 | Jul 24,2025 |
Market Cap | ₹1,159.5 Cr | |
Earnings-TTM | ₹41.6 Cr | TTM-Consolidated Results |
Price/Earnings | 27.87x | 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 [ ₹1,159.5 Cr] as on Jul 24,2025
(/) Earnings [ ₹41.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 27.87x ]
Thus, for INNOVANA THINKLABS , the investors are currently willing to pay 27.87 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 | 41.61 | 27.87 | 1,159.5 |
TATA CONSULTANCY SERVICES LTD | 49,511.00 | 23.02 | 1,139,750.0 |
INFOSYS LTD | 27,300.00 | 23.06 | 629,622.0 |
HCL TECHNOLOGIES LTD | 16,984.00 | 23.81 | 404,309.0 |
WIPRO LTD | 13,483.00 | 20.36 | 274,544.0 |
TECH MAHINDRA LTD | 4,510.50 | 32.53 | 146,720.0 |
LTIMINDTREE LTD | 4,721.50 | 32.67 | 154,232.0 |
PERSISTENT SYSTEMS LTD | 1,518.68 | 52.64 | 79,947.5 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 2,404.80 | 32.30 | 77,677.8 |
COFORGE LTD | 1,081.60 | 52.25 | 56,512.9 |
L&T TECHNOLOGY SERVICES LTD | 1,265.80 | 36.01 | 45,576.2 |
IT - Software Industry Benchmark (Top 10) PE Analysis vs INNOVANA THINKLABS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 20.36x |
Max industry PE | 52.64x |
Median industry PE | 32.30x |
Average industry PE | 32.41x |
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