MINDTECK (INDIA)
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The Current P/E Ratio of MINDTECK (INDIA) is 22.83.
Share Price | ₹221.6 | Sep 09,2025 |
Market Cap | ₹709.0 Cr | |
Earnings-TTM | ₹31.1 Cr | TTM-Consolidated Results |
Price/Earnings | 22.83x | 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 [ ₹709.0 Cr] as on Sep 09,2025
(/) Earnings [ ₹31.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 22.83x ]
Thus, for MINDTECK (INDIA) , the investors are currently willing to pay 22.83 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 Mar2025 to Mar2021 averaged 13.09x.
- MINDTECK (INDIA) 's operated at median p/e ratio of 12.41x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MINDTECK (INDIA) 's p/e ratio peaked in Mar2025 at 18.52x.
- MINDTECK (INDIA) 's p/e ratio hit its five-year low in Mar2021 of 9.6x.
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) | 31.05 | 22.83 | 709.0 |
TATA CONSULTANCY SERVICES LTD | 49,511.00 | 22.28 | 1,103,320.0 |
INFOSYS LTD | 27,300.00 | 22.90 | 625,132.0 |
HCL TECHNOLOGIES LTD | 16,984.00 | 22.82 | 387,498.0 |
WIPRO LTD | 13,483.00 | 19.37 | 261,140.0 |
TECH MAHINDRA LTD | 4,510.50 | 32.52 | 146,704.0 |
LTIMINDTREE LTD | 4,721.50 | 32.55 | 153,688.0 |
PERSISTENT SYSTEMS LTD | 1,518.68 | 52.23 | 79,322.2 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 2,404.80 | 30.40 | 73,104.3 |
COFORGE LTD | 1,081.60 | 52.45 | 56,734.1 |
L&T TECHNOLOGY SERVICES LTD | 1,265.80 | 34.34 | 43,468.3 |
IT - Software Industry Benchmark (Top 10) PE Analysis vs MINDTECK (INDIA) 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 19.37x |
Max industry PE | 52.45x |
Median industry PE | 30.40x |
Average industry PE | 31.34x |
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