Home > PE Ratio > QUEST SOFTECH (INDIA)

QUEST SOFTECH (INDIA)
PE (Price/Earnings) Ratio

The Current P/E Ratio of QUEST SOFTECH (INDIA) is -53.40.

Share Price ₹43.3May 31,2024
Market Cap ₹112.5 Cr
Earnings-TTM₹-2.1 CrTTM-Standalone Results
Price/Earnings-53.40xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for QUEST SOFTECH (INDIA)
Please provide your vote to see the results
QUEST SOFTECH (INDIA) is part of below Screeners ↓
Top Undervalued Small Cap Stocks
Best Quarterly Growth Small Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of QUEST SOFTECH (INDIA)

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 QUEST SOFTECH (INDIA) is calculated as :

Current Market Cap [ ₹112.5 Cr] as on May 31,2024

(/) Earnings [ ₹-2.1 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ -53.40x ]

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

Thus, for QUEST SOFTECH (INDIA) , the investors are currently willing to pay -53.40 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 QUEST SOFTECH (INDIA) !

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 QUEST SOFTECH (INDIA) over the last five years.

Historical PE (Price/Earnings) ratio chart of QUEST SOFTECH (INDIA)


PE Ratio Performance Analysis for QUEST SOFTECH (INDIA)

- QUEST SOFTECH (INDIA) 's latest p/e ratio is -53.40x.

- QUEST SOFTECH (INDIA) 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.34x.

- QUEST SOFTECH (INDIA) 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, QUEST SOFTECH (INDIA) 's p/e ratio peaked in Mar2019 at 9.69x.

- QUEST SOFTECH (INDIA) 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does QUEST SOFTECH (INDIA) 's P/E Ratio benchmark against top 10 peers in IT - Software Industry?

Peer Comparison (IT - Software Industry)Earnings-TTM (Cr)PE RatioMarket Cap
QUEST SOFTECH (INDIA) -2.11-53.40112.5
TATA CONSULTANCY SERVICES LTD46,099.0028.801,327,660.0
INFOSYS LTD26,248.0022.24583,860.0
HCL TECHNOLOGIES LTD15,710.0022.85358,964.0
WIPRO LTD11,135.4020.55228,885.0
LTIMINDTREE LTD4,584.6030.39139,342.0
TECH MAHINDRA LTD2,386.3050.33120,098.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD2,219.3629.1164,604.1
PERSISTENT SYSTEMS LTD1,093.4948.0452,531.8
L&T TECHNOLOGY SERVICES LTD1,306.2036.3447,471.8
TATA ELXSI LTD792.2454.6643,303.3

IT - Software Industry Benchmark (Top 10) PE Analysis vs QUEST SOFTECH (INDIA) 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -53.40x
Max industry PE 54.66x
Median industry PE 29.11x
Average industry PE 26.36x



You may also like the below Video Courses