KSOLVES INDIA
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The Current P/E Ratio of KSOLVES INDIA is 40.88.
Share Price | ₹1,102.6 | Apr 25,2024 |
Market Cap | ₹1,312.1 Cr | |
Earnings-TTM | ₹32.1 Cr | TTM-Consolidated Results |
Price/Earnings | 40.88x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of KSOLVES INDIA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,312.1 Cr] as on Apr 25,2024
(/) Earnings [ ₹32.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 40.88x ]
Thus, for KSOLVES INDIA , the investors are currently willing to pay 40.88 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 KSOLVES INDIA !
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 KSOLVES INDIA over the last five years.
Historical PE (Price/Earnings) ratio chart of KSOLVES INDIA
PE Ratio Performance Analysis for KSOLVES INDIA
- KSOLVES INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2020 averaged 12.26x.
- KSOLVES INDIA 's operated at median p/e ratio of 21.14x from fiscal years ending March 2018 to 2022.
- Looking back at the last 4 fiscal years, KSOLVES INDIA 's p/e ratio peaked in Mar2022 at 26.45x.
- KSOLVES INDIA 's p/e ratio hit its five-year low in Mar2020 of 0x.
How does KSOLVES INDIA '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 |
---|---|---|---|
KSOLVES INDIA | 32.09 | 40.88 | 1,312.1 |
TATA CONSULTANCY SERVICES LTD | 46,099.00 | 30.23 | 1,393,630.0 |
INFOSYS LTD | 26,248.00 | 22.75 | 597,061.0 |
HCL TECHNOLOGIES LTD | 15,696.00 | 26.00 | 408,040.0 |
WIPRO LTD | 11,135.40 | 21.63 | 240,892.0 |
LTIMINDTREE LTD | 4,584.60 | 29.95 | 137,315.0 |
TECH MAHINDRA LTD | 2,386.30 | 48.72 | 116,249.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 2,219.36 | 27.88 | 61,875.7 |
PERSISTENT SYSTEMS LTD | 1,093.49 | 48.33 | 52,843.0 |
L&T TECHNOLOGY SERVICES LTD | 1,306.20 | 41.95 | 54,793.0 |
TATA ELXSI LTD | 792.24 | 55.76 | 44,177.4 |
IT - Software Industry Benchmark (Top 10) PE Analysis vs KSOLVES INDIA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 21.63x |
Max industry PE | 55.76x |
Median industry PE | 30.23x |
Average industry PE | 35.82x |
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