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RATEGAIN TRAVEL TECHNOLOGIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of RATEGAIN TRAVEL TECHNOLOGIES is 65.17.

Share Price ₹714.6Apr 26,2024
Market Cap ₹8,417.4 Cr
Earnings-TTM₹129.2 CrTTM-Consolidated Results
Price/Earnings65.17xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of RATEGAIN TRAVEL 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 RATEGAIN TRAVEL TECHNOLOGIES is calculated as :

Current Market Cap [ ₹8,417.4 Cr] as on Apr 26,2024

(/) Earnings [ ₹129.2 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 65.17x ]

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

Thus, for RATEGAIN TRAVEL TECHNOLOGIES , the investors are currently willing to pay 65.17 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 RATEGAIN TRAVEL 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 RATEGAIN TRAVEL TECHNOLOGIES over the last five years.

Historical PE (Price/Earnings) ratio chart of RATEGAIN TRAVEL TECHNOLOGIES


PE Ratio Performance Analysis for RATEGAIN TRAVEL TECHNOLOGIES

- RATEGAIN TRAVEL TECHNOLOGIES 's latest p/e ratio is 65.17x.

- RATEGAIN TRAVEL TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 96.05x.

- RATEGAIN TRAVEL TECHNOLOGIES '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, RATEGAIN TRAVEL TECHNOLOGIES 's p/e ratio peaked in Mar2022 at 425.94x.

- RATEGAIN TRAVEL TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does RATEGAIN TRAVEL 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
RATEGAIN TRAVEL TECHNOLOGIES 129.1665.178,417.4
TATA CONSULTANCY SERVICES LTD46,099.0029.931,379,520.0
INFOSYS LTD26,248.0022.62593,636.0
HCL TECHNOLOGIES LTD15,696.0025.45399,533.0
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 RATEGAIN TRAVEL TECHNOLOGIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 21.80x
Max industry PE 65.17x
Median industry PE 30.94x
Average industry PE 38.17x



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