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QUICK HEAL TECHNOLOGIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of QUICK HEAL TECHNOLOGIES is 110.02.

Share Price ₹498.5Apr 26,2024
Market Cap ₹2,667.0 Cr
Earnings-TTM₹24.2 CrTTM-Consolidated Results
Price/Earnings110.02xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of QUICK HEAL TECHNOLOGIES

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 QUICK HEAL TECHNOLOGIES is calculated as :

Current Market Cap [ ₹2,667.0 Cr] as on Apr 26,2024

(/) Earnings [ ₹24.2 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 110.02x ]

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

Thus, for QUICK HEAL TECHNOLOGIES , the investors are currently willing to pay 110.02 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 QUICK HEAL TECHNOLOGIES !

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 QUICK HEAL TECHNOLOGIES over the last five years.

Historical PE (Price/Earnings) ratio chart of QUICK HEAL TECHNOLOGIES


PE Ratio Performance Analysis for QUICK HEAL TECHNOLOGIES

- QUICK HEAL TECHNOLOGIES 's latest p/e ratio is 110.02x.

- QUICK HEAL TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 31.68x.

- QUICK HEAL TECHNOLOGIES 's operated at median p/e ratio of 12.38x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, QUICK HEAL TECHNOLOGIES 's p/e ratio peaked in Mar2023 at 110.45x.

- QUICK HEAL TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2020 of 7.01x.


How does QUICK HEAL TECHNOLOGIES 's P/E Ratio benchmark against top 10 peers in IT - Software Industry?

Peer Comparison (IT - Software Industry)Earnings-TTM (Cr)PE RatioMarket Cap
QUICK HEAL TECHNOLOGIES 24.24110.022,667.0
TATA CONSULTANCY SERVICES LTD46,099.0029.931,379,520.0
INFOSYS LTD26,248.0022.62593,636.0
HCL TECHNOLOGIES LTD15,710.0025.43399,533.0
WIPRO LTD11,135.4021.80242,799.0
LTIMINDTREE LTD4,584.6030.94141,847.0
TECH MAHINDRA LTD2,386.3052.29124,782.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD2,219.3629.2464,897.3
PERSISTENT SYSTEMS LTD1,093.4947.8852,355.4
L&T TECHNOLOGY SERVICES LTD1,306.2038.6850,528.3
TATA ELXSI LTD792.2455.8244,220.9

IT - Software Industry Benchmark (Top 10) PE Analysis vs QUICK HEAL TECHNOLOGIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 21.80x
Max industry PE 110.02x
Median industry PE 30.94x
Average industry PE 42.24x



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