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SASKEN TECHNOLOGIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of SASKEN TECHNOLOGIES is 30.00.

Share Price ₹1,561.7Apr 18,2024
Market Cap ₹2,358.2 Cr
Earnings-TTM₹78.6 CrTTM-Consolidated Results
Price/Earnings30.00xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SASKEN 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 SASKEN TECHNOLOGIES is calculated as :

Current Market Cap [ ₹2,358.2 Cr] as on Apr 18,2024

(/) Earnings [ ₹78.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 30.00x ]

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

Thus, for SASKEN TECHNOLOGIES , the investors are currently willing to pay 30.00 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 SASKEN 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 SASKEN TECHNOLOGIES over the last five years.

Historical PE (Price/Earnings) ratio chart of SASKEN TECHNOLOGIES


PE Ratio Performance Analysis for SASKEN TECHNOLOGIES

- SASKEN TECHNOLOGIES 's latest p/e ratio is 30.00x.

- SASKEN TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 10.66x.

- SASKEN TECHNOLOGIES 's operated at median p/e ratio of 11.47x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SASKEN TECHNOLOGIES 's p/e ratio peaked in Mar2019 at 11.99x.

- SASKEN TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2020 of 7.23x.


How does SASKEN 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
SASKEN TECHNOLOGIES 78.5930.002,358.2
TATA CONSULTANCY SERVICES LTD46,099.0030.321,397,850.0
INFOSYS LTD26,248.0022.46589,652.0
HCL TECHNOLOGIES LTD15,696.0025.37398,271.0
WIPRO LTD11,350.1020.45232,158.0
LTIMINDTREE LTD4,598.0030.31139,345.0
TECH MAHINDRA LTD2,858.5040.32115,243.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD2,138.5431.2966,911.7
PERSISTENT SYSTEMS LTD1,029.6857.4759,174.5
L&T TECHNOLOGY SERVICES LTD1,275.7043.7455,796.3
TATA ELXSI LTD796.8258.5646,664.7

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

Top 10 Industry PeersPE Ratio
Min industry PE 20.45x
Max industry PE 58.56x
Median industry PE 30.32x
Average industry PE 35.48x



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