NINTEC SYSTEMS
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The Current P/E Ratio of NINTEC SYSTEMS is 76.00.
Share Price | ₹462.6 | May 15,2024 |
Market Cap | ₹860.4 Cr | |
Earnings-TTM | ₹11.3 Cr | TTM-Standalone Results |
Price/Earnings | 76.00x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of NINTEC SYSTEMS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹860.4 Cr] as on May 15,2024
(/) Earnings [ ₹11.3 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 76.00x ]
Thus, for NINTEC SYSTEMS , the investors are currently willing to pay 76.00 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 NINTEC SYSTEMS !
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 NINTEC SYSTEMS over the last five years.
Historical PE (Price/Earnings) ratio chart of NINTEC SYSTEMS
PE Ratio Performance Analysis for NINTEC SYSTEMS
- NINTEC SYSTEMS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 9.98x.
- NINTEC SYSTEMS 's operated at median p/e ratio of 4.62x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NINTEC SYSTEMS 's p/e ratio peaked in Mar2023 at 26.92x.
- NINTEC SYSTEMS 's p/e ratio hit its five-year low in Mar2020 of 2.51x.
How does NINTEC SYSTEMS '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 |
---|---|---|---|
NINTEC SYSTEMS | 11.32 | 76.00 | 860.4 |
TATA CONSULTANCY SERVICES LTD | 46,099.00 | 30.45 | 1,403,940.0 |
INFOSYS LTD | 26,248.00 | 22.47 | 589,828.0 |
HCL TECHNOLOGIES LTD | 15,710.00 | 23.04 | 361,881.0 |
WIPRO LTD | 11,135.40 | 21.51 | 239,474.0 |
LTIMINDTREE LTD | 4,584.60 | 30.04 | 137,720.0 |
TECH MAHINDRA LTD | 2,386.30 | 52.18 | 124,519.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 2,219.36 | 30.37 | 67,397.4 |
PERSISTENT SYSTEMS LTD | 1,093.49 | 49.03 | 53,618.6 |
L&T TECHNOLOGY SERVICES LTD | 1,306.20 | 36.07 | 47,117.0 |
TATA ELXSI LTD | 792.24 | 56.75 | 44,958.0 |
IT - Software Industry Benchmark (Top 10) PE Analysis vs NINTEC SYSTEMS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 21.51x |
Max industry PE | 76.00x |
Median industry PE | 30.45x |
Average industry PE | 38.90x |
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