NEWGEN SOFTWARE TECHNOLOGIES
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The Current P/E Ratio of NEWGEN SOFTWARE TECHNOLOGIES is 49.57.
Share Price | ₹794.6 | Mar 28,2024 |
Market Cap | ₹11,147.5 Cr | |
Earnings-TTM | ₹224.9 Cr | TTM-Consolidated Results |
Price/Earnings | 49.57x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of NEWGEN SOFTWARE TECHNOLOGIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹11,147.5 Cr] as on Mar 28,2024
(/) Earnings [ ₹224.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 49.57x ]
Thus, for NEWGEN SOFTWARE TECHNOLOGIES , the investors are currently willing to pay 49.57 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 NEWGEN SOFTWARE 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 NEWGEN SOFTWARE TECHNOLOGIES over the last five years.
Historical PE (Price/Earnings) ratio chart of NEWGEN SOFTWARE TECHNOLOGIES
PE Ratio Performance Analysis for NEWGEN SOFTWARE TECHNOLOGIES
- NEWGEN SOFTWARE TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 16.97x.
- NEWGEN SOFTWARE TECHNOLOGIES 's operated at median p/e ratio of 17.81x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NEWGEN SOFTWARE TECHNOLOGIES 's p/e ratio peaked in Mar2019 at 22.03x.
- NEWGEN SOFTWARE TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2020 of 9.75x.
How does NEWGEN SOFTWARE TECHNOLOGIES '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 |
---|---|---|---|
NEWGEN SOFTWARE TECHNOLOGIES | 224.90 | 49.57 | 11,147.5 |
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 NEWGEN SOFTWARE TECHNOLOGIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 22.10x |
Max industry PE | 60.80x |
Median industry PE | 35.53x |
Average industry PE | 39.18x |
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