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ONMOBILE GLOBAL
PE (Price/Earnings) Ratio

The Current P/E Ratio of ONMOBILE GLOBAL is 59.23.

Share Price ₹77.2May 06,2024
Market Cap ₹820.8 Cr
Earnings-TTM₹13.9 CrTTM-Consolidated Results
Price/Earnings59.23xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ONMOBILE GLOBAL

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 ONMOBILE GLOBAL is calculated as :

Current Market Cap [ ₹820.8 Cr] as on May 06,2024

(/) Earnings [ ₹13.9 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 59.23x ]

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

Thus, for ONMOBILE GLOBAL , the investors are currently willing to pay 59.23 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 ONMOBILE GLOBAL !

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 ONMOBILE GLOBAL over the last five years.

Historical PE (Price/Earnings) ratio chart of ONMOBILE GLOBAL


PE Ratio Performance Analysis for ONMOBILE GLOBAL

- ONMOBILE GLOBAL 's latest p/e ratio is 59.23x.

- ONMOBILE GLOBAL 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 36.08x.

- ONMOBILE GLOBAL 's operated at median p/e ratio of 23.48x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ONMOBILE GLOBAL 's p/e ratio peaked in Mar2023 at 94.13x.

- ONMOBILE GLOBAL 's p/e ratio hit its five-year low in Mar2020 of 5.42x.


How does ONMOBILE GLOBAL 's P/E Ratio benchmark against top 10 peers in IT - Software Industry?

Peer Comparison (IT - Software Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ONMOBILE GLOBAL 13.8659.23820.8
TATA CONSULTANCY SERVICES LTD46,099.0030.771,418,540.0
INFOSYS LTD26,248.0022.55591,924.0
HCL TECHNOLOGIES LTD15,710.0023.49368,991.0
WIPRO LTD11,135.4021.51239,536.0
LTIMINDTREE LTD4,584.6030.38139,266.0
TECH MAHINDRA LTD2,386.3051.67123,302.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD2,219.3630.7068,135.3
PERSISTENT SYSTEMS LTD1,093.4947.7752,236.8
L&T TECHNOLOGY SERVICES LTD1,306.2036.4147,555.4
TATA ELXSI LTD792.2455.7244,141.5

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

Top 10 Industry PeersPE Ratio
Min industry PE 21.51x
Max industry PE 59.23x
Median industry PE 30.77x
Average industry PE 37.29x



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