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NEWGEN SOFTWARE TECHNOLOGIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of NEWGEN SOFTWARE TECHNOLOGIES is 49.57.

Share Price ₹794.6Mar 28,2024
Market Cap ₹11,147.5 Cr
Earnings-TTM₹224.9 CrTTM-Consolidated Results
Price/Earnings49.57xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of NEWGEN SOFTWARE 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 NEWGEN SOFTWARE TECHNOLOGIES is calculated as :

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 ]

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

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 latest p/e ratio is 49.57x.

- 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 RatioMarket Cap
NEWGEN SOFTWARE TECHNOLOGIES 224.9049.5711,147.5
TATA CONSULTANCY SERVICES LTD45,033.0031.201,405,100.0
INFOSYS LTD24,407.0025.49622,132.0
HCL TECHNOLOGIES LTD15,696.0026.68418,800.0
WIPRO LTD11,350.1022.10250,833.0
LTIMINDTREE LTD4,598.0031.79146,191.0
TECH MAHINDRA LTD2,858.5042.73122,134.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD2,138.5435.5375,976.8
PERSISTENT SYSTEMS LTD1,029.6859.6861,454.4
L&T TECHNOLOGY SERVICES LTD1,275.7045.4357,955.8
TATA ELXSI LTD796.8260.8048,448.6

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

Top 10 Industry PeersPE 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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