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ROUTE MOBILE
PE (Price/Earnings) Ratio

The Current P/E Ratio of ROUTE MOBILE is 24.24.

Share Price ₹1,535.3Apr 19,2024
Market Cap ₹9,641.4 Cr
Earnings-TTM₹397.7 CrTTM-Consolidated Results
Price/Earnings24.24xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ROUTE MOBILE

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 ROUTE MOBILE is calculated as :

Current Market Cap [ ₹9,641.4 Cr] as on Apr 19,2024

(/) Earnings [ ₹397.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 24.24x ]

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

Thus, for ROUTE MOBILE , the investors are currently willing to pay 24.24 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 ROUTE MOBILE !

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 ROUTE MOBILE over the last five years.

Historical PE (Price/Earnings) ratio chart of ROUTE MOBILE


PE Ratio Performance Analysis for ROUTE MOBILE

- ROUTE MOBILE 's latest p/e ratio is 24.24x.

- ROUTE MOBILE 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 29.09x.

- ROUTE MOBILE 's operated at median p/e ratio of 26.09x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ROUTE MOBILE 's p/e ratio peaked in Mar2021 at 61.06x.

- ROUTE MOBILE 's p/e ratio hit its five-year low in Mar2020 of 0x.


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

Peer Comparison (IT - Software Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ROUTE MOBILE 397.7324.249,641.4
TATA CONSULTANCY SERVICES LTD46,099.0030.041,384,800.0
INFOSYS LTD26,248.0022.32585,936.0
HCL TECHNOLOGIES LTD15,696.0025.03392,912.0
WIPRO LTD11,350.1020.85236,626.0
LTIMINDTREE LTD4,598.0030.01138,000.0
TECH MAHINDRA LTD2,858.5040.79116,606.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD2,138.5430.8265,902.8
PERSISTENT SYSTEMS LTD1,029.6858.1659,888.5
L&T TECHNOLOGY SERVICES LTD1,275.7043.3955,353.7
TATA ELXSI LTD796.8258.1846,361.7

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

Top 10 Industry PeersPE Ratio
Min industry PE 20.85x
Max industry PE 58.18x
Median industry PE 30.04x
Average industry PE 34.89x



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