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NIIT
PE (Price/Earnings) Ratio

The Current P/E Ratio of NIIT is 76.26.

Share Price ₹105.9Apr 22,2024
Market Cap ₹1,430.0 Cr
Earnings-TTM₹18.8 CrTTM-Consolidated Results
Price/Earnings76.26xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of NIIT

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 NIIT is calculated as :

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 ]

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

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 latest p/e ratio is 76.26x.

- 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 RatioMarket Cap
NIIT 18.7576.261,430.0
APTECH LTD59.6523.091,377.0
COMPUCOM SOFTWARE LTD8.1828.35231.8

IT - Education Industry Benchmark (Top 10) PE Analysis vs NIIT 's P/E Ratio

Top 10 Industry PeersPE 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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