Home > PE Ratio > NAZARA TECHNOLOGIES

NAZARA TECHNOLOGIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of NAZARA TECHNOLOGIES is 57.94.

Share Price ₹638.5Apr 25,2024
Market Cap ₹4,884.1 Cr
Earnings-TTM₹84.3 CrTTM-Consolidated Results
Price/Earnings57.94xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for NAZARA TECHNOLOGIES
Please provide your vote to see the results
NAZARA TECHNOLOGIES is part of below Screeners ↓
Top Small Cap Stocks with Best Fundamentals
Top Undervalued Small Cap Stocks
Best Quarterly Growth Small Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of NAZARA TECHNOLOGIES

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of NAZARA TECHNOLOGIES is calculated as :

Current Market Cap [ ₹4,884.1 Cr] as on Apr 25,2024

(/) Earnings [ ₹84.3 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 57.94x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for NAZARA TECHNOLOGIES , the investors are currently willing to pay 57.94 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 NAZARA 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 NAZARA TECHNOLOGIES over the last five years.

Historical PE (Price/Earnings) ratio chart of NAZARA TECHNOLOGIES


PE Ratio Performance Analysis for NAZARA TECHNOLOGIES

- NAZARA TECHNOLOGIES 's latest p/e ratio is 57.94x.

- NAZARA TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 84.68x.

- NAZARA TECHNOLOGIES 's operated at median p/e ratio of 86.85x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NAZARA TECHNOLOGIES 's p/e ratio peaked in Mar2021 at 242.83x.

- NAZARA TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2020 of 0x.


How does NAZARA TECHNOLOGIES 's P/E Ratio benchmark against top 10 peers in IT - Software Industry?

Peer Comparison (IT - Software Industry)Earnings-TTM (Cr)PE RatioMarket Cap
NAZARA TECHNOLOGIES 84.3057.944,884.1
TATA CONSULTANCY SERVICES LTD46,099.0030.231,393,630.0
INFOSYS LTD26,248.0022.75597,061.0
HCL TECHNOLOGIES LTD15,696.0026.00408,040.0
WIPRO LTD11,135.4021.63240,892.0
LTIMINDTREE LTD4,584.6029.95137,315.0
TECH MAHINDRA LTD2,386.3048.72116,249.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD2,219.3627.8861,875.7
PERSISTENT SYSTEMS LTD1,093.4948.3352,843.0
L&T TECHNOLOGY SERVICES LTD1,306.2041.9554,793.0
TATA ELXSI LTD792.2455.7644,177.4

IT - Software Industry Benchmark (Top 10) PE Analysis vs NAZARA TECHNOLOGIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 21.63x
Max industry PE 57.94x
Median industry PE 30.23x
Average industry PE 37.38x



You may also like the below Video Courses