MINDTECK (INDIA)
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The Current P/E Ratio of MINDTECK (INDIA) is 19.58.
Share Price | ₹203.1 | Mar 28,2024 |
Market Cap | ₹513.8 Cr | |
Earnings-TTM | ₹26.2 Cr | TTM-Consolidated Results |
Price/Earnings | 19.58x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of MINDTECK (INDIA)
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹513.8 Cr] as on Mar 28,2024
(/) Earnings [ ₹26.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 19.58x ]
Thus, for MINDTECK (INDIA) , the investors are currently willing to pay 19.58 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 MINDTECK (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 MINDTECK (INDIA) over the last five years.
Historical PE (Price/Earnings) ratio chart of MINDTECK (INDIA)
PE Ratio Performance Analysis for MINDTECK (INDIA)
- MINDTECK (INDIA) 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 13.16x.
- MINDTECK (INDIA) 's operated at median p/e ratio of 9.95x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MINDTECK (INDIA) 's p/e ratio peaked in Mar2019 at 33.86x.
- MINDTECK (INDIA) 's p/e ratio hit its five-year low in Mar2020 of 0x.
How does MINDTECK (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 |
---|---|---|---|
MINDTECK (INDIA) | 26.24 | 19.58 | 513.8 |
TATA CONSULTANCY SERVICES LTD | 45,033.00 | 31.20 | 1,405,100.0 |
INFOSYS LTD | 24,407.00 | 25.49 | 622,132.0 |
HCL TECHNOLOGIES LTD | 15,696.00 | 26.68 | 418,800.0 |
WIPRO LTD | 11,350.10 | 22.10 | 250,833.0 |
LTIMINDTREE LTD | 4,598.00 | 31.79 | 146,191.0 |
TECH MAHINDRA LTD | 2,858.50 | 42.73 | 122,134.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 2,138.54 | 35.53 | 75,976.8 |
PERSISTENT SYSTEMS LTD | 1,029.68 | 59.68 | 61,454.4 |
L&T TECHNOLOGY SERVICES LTD | 1,275.70 | 45.43 | 57,955.8 |
TATA ELXSI LTD | 796.82 | 60.80 | 48,448.6 |
IT - Software Industry Benchmark (Top 10) PE Analysis vs MINDTECK (INDIA) 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 19.58x |
Max industry PE | 60.80x |
Median industry PE | 31.79x |
Average industry PE | 36.46x |
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