NIIT
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The Current P/E Ratio of NIIT is 76.26.
Share Price | ₹105.9 | Apr 22,2024 |
Market Cap | ₹1,430.0 Cr | |
Earnings-TTM | ₹18.8 Cr | TTM-Consolidated Results |
Price/Earnings | 76.26x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of NIIT
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,430.0 Cr] as on Apr 22,2024
(/) Earnings [ ₹18.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 76.26x ]
Thus, for NIIT , the investors are currently willing to pay 76.26 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 NIIT !
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 NIIT over the last five years.
Historical PE (Price/Earnings) ratio chart of NIIT
PE Ratio Performance Analysis for NIIT
- NIIT 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 290.19x.
- NIIT 's operated at median p/e ratio of 17.49x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NIIT 's p/e ratio peaked in Mar2023 at 1382.04x.
- NIIT 's p/e ratio hit its five-year low in Mar2020 of 0.87x.
How does NIIT 's P/E Ratio benchmark against top 10 peers in IT - Education Industry?
Peer Comparison (IT - Education Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
NIIT | 18.75 | 76.26 | 1,430.0 |
APTECH LTD | 59.65 | 23.09 | 1,377.0 |
COMPUCOM SOFTWARE LTD | 8.18 | 28.35 | 231.8 |
IT - Education Industry Benchmark (Top 10) PE Analysis vs NIIT 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 23.09x |
Max industry PE | 76.26x |
Median industry PE | 28.35x |
Average industry PE | 42.57x |
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