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NINTEC SYSTEMS
PE (Price/Earnings) Ratio

The Current P/E Ratio of NINTEC SYSTEMS is 76.00.

Share Price ₹462.6May 15,2024
Market Cap ₹860.4 Cr
Earnings-TTM₹11.3 CrTTM-Standalone Results
Price/Earnings76.00xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of NINTEC SYSTEMS

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 NINTEC SYSTEMS is calculated as :

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 ]

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

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 latest p/e ratio is 76.00x.

- 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 RatioMarket Cap
NINTEC SYSTEMS 11.3276.00860.4
TATA CONSULTANCY SERVICES LTD46,099.0030.451,403,940.0
INFOSYS LTD26,248.0022.47589,828.0
HCL TECHNOLOGIES LTD15,710.0023.04361,881.0
WIPRO LTD11,135.4021.51239,474.0
LTIMINDTREE LTD4,584.6030.04137,720.0
TECH MAHINDRA LTD2,386.3052.18124,519.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD2,219.3630.3767,397.4
PERSISTENT SYSTEMS LTD1,093.4949.0353,618.6
L&T TECHNOLOGY SERVICES LTD1,306.2036.0747,117.0
TATA ELXSI LTD792.2456.7544,958.0

IT - Software Industry Benchmark (Top 10) PE Analysis vs NINTEC SYSTEMS 's P/E Ratio

Top 10 Industry PeersPE 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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