KPIT TECHNOLOGIES
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The Current P/E Ratio of KPIT TECHNOLOGIES is 68.58.
Share Price | ₹1,498.9 | May 08,2024 |
Market Cap | ₹41,083.5 Cr | |
Earnings-TTM | ₹599.1 Cr | TTM-Consolidated Results |
Price/Earnings | 68.58x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of KPIT TECHNOLOGIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹41,083.5 Cr] as on May 08,2024
(/) Earnings [ ₹599.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 68.58x ]
Thus, for KPIT TECHNOLOGIES , the investors are currently willing to pay 68.58 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 KPIT TECHNOLOGIES !
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 KPIT TECHNOLOGIES over the last five years.
Historical PE (Price/Earnings) ratio chart of KPIT TECHNOLOGIES
PE Ratio Performance Analysis for KPIT TECHNOLOGIES
- KPIT TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 32.77x.
- KPIT TECHNOLOGIES 's operated at median p/e ratio of 32.59x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, KPIT TECHNOLOGIES 's p/e ratio peaked in Mar2023 at 65.64x.
- KPIT TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2019 of 0x.
How does KPIT TECHNOLOGIES '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 |
---|---|---|---|
KPIT TECHNOLOGIES | 599.05 | 68.58 | 41,083.5 |
TATA CONSULTANCY SERVICES LTD | 46,099.00 | 31.18 | 1,437,360.0 |
INFOSYS LTD | 26,248.00 | 22.58 | 592,568.0 |
HCL TECHNOLOGIES LTD | 15,710.00 | 22.69 | 356,453.0 |
WIPRO LTD | 11,135.40 | 21.73 | 241,967.0 |
LTIMINDTREE LTD | 4,584.60 | 30.45 | 139,585.0 |
TECH MAHINDRA LTD | 2,386.30 | 52.67 | 125,675.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 2,219.36 | 29.88 | 66,310.1 |
PERSISTENT SYSTEMS LTD | 1,093.49 | 47.57 | 52,020.4 |
L&T TECHNOLOGY SERVICES LTD | 1,306.20 | 36.44 | 47,596.1 |
TATA ELXSI LTD | 792.24 | 55.91 | 44,297.2 |
IT - Software Industry Benchmark (Top 10) PE Analysis vs KPIT TECHNOLOGIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 21.73x |
Max industry PE | 68.58x |
Median industry PE | 31.18x |
Average industry PE | 38.15x |
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