MINDTECK (INDIA)
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The Current P/E Ratio of MINDTECK (INDIA) is 21.94.
| Share Price | ₹193.1 | Mar 04,2026 |
| Market Cap | ₹617.8 Cr | |
| Earnings-TTM | ₹28.2 Cr | TTM-Consolidated Results |
| Price/Earnings | 21.94x | Calculated as Market Cap/Earnings |
|---|---|---|
| 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 [ ₹617.8 Cr] as on Mar 04,2026
(/) Earnings [ ₹28.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 21.94x ]
Thus, for MINDTECK (INDIA) , the investors are currently willing to pay 21.94 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) | 28.16 | 21.94 | 617.8 |
| TATA CONSULTANCY SERVICES LTD | 47,963.00 | 19.52 | 936,126.0 |
| INFOSYS LTD | 28,003.00 | 18.94 | 530,242.0 |
| HCL TECHNOLOGIES LTD | 16,471.00 | 22.47 | 370,144.0 |
| WIPRO LTD | 13,279.90 | 15.45 | 205,145.0 |
| TECH MAHINDRA LTD | 4,593.60 | 28.81 | 132,329.0 |
| LTIMINDTREE LTD | 4,724.00 | 27.27 | 128,807.0 |
| PERSISTENT SYSTEMS LTD | 1,731.62 | 42.89 | 74,261.6 |
| ORACLE FINANCIAL SERVICES SOFTWARE LTD | 2,441.50 | 24.31 | 59,362.6 |
| COFORGE LTD | 1,314.20 | 29.89 | 39,281.9 |
| L&T TECHNOLOGY SERVICES LTD | 1,258.60 | 27.91 | 35,131.9 |
IT - Software Industry Benchmark (Top 10) PE Analysis vs MINDTECK (INDIA) 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 15.45x |
| Max industry PE | 42.89x |
| Median industry PE | 24.31x |
| Average industry PE | 25.40x |
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