QUEST SOFTECH (INDIA)
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The Current P/E Ratio of QUEST SOFTECH (INDIA) is -53.40.
Share Price | ₹43.3 | May 31,2024 |
Market Cap | ₹112.5 Cr | |
Earnings-TTM | ₹-2.1 Cr | TTM-Standalone Results |
Price/Earnings | -53.40x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of QUEST SOFTECH (INDIA)
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
QUEST SOFTECH (INDIA) | -2.11 | -53.40 | 112.5 |
TATA CONSULTANCY SERVICES LTD | 46,099.00 | 28.80 | 1,327,660.0 |
INFOSYS LTD | 26,248.00 | 22.24 | 583,860.0 |
HCL TECHNOLOGIES LTD | 15,710.00 | 22.85 | 358,964.0 |
WIPRO LTD | 11,135.40 | 20.55 | 228,885.0 |
LTIMINDTREE LTD | 4,584.60 | 30.39 | 139,342.0 |
TECH MAHINDRA LTD | 2,386.30 | 50.33 | 120,098.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 2,219.36 | 29.11 | 64,604.1 |
PERSISTENT SYSTEMS LTD | 1,093.49 | 48.04 | 52,531.8 |
L&T TECHNOLOGY SERVICES LTD | 1,306.20 | 36.34 | 47,471.8 |
TATA ELXSI LTD | 792.24 | 54.66 | 43,303.3 |
IT - Software Industry Benchmark (Top 10) PE Analysis vs QUEST SOFTECH (INDIA) 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -53.40x |
Max industry PE | 54.66x |
Median industry PE | 29.11x |
Average industry PE | 26.36x |
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