SECUREKLOUD TECHNOLOGIES
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The Current P/E Ratio of SECUREKLOUD TECHNOLOGIES is -1.75.
Share Price | ₹38.1 | Mar 27,2024 |
Market Cap | ₹127.3 Cr | |
Earnings-TTM | ₹-72.7 Cr | TTM-Consolidated Results |
Price/Earnings | -1.75x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SECUREKLOUD TECHNOLOGIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹127.3 Cr] as on Mar 27,2024
(/) Earnings [ ₹-72.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -1.75x ]
Thus, for SECUREKLOUD TECHNOLOGIES , the investors are currently willing to pay -1.75 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 SECUREKLOUD 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 SECUREKLOUD TECHNOLOGIES over the last five years.
Historical PE (Price/Earnings) ratio chart of SECUREKLOUD TECHNOLOGIES
PE Ratio Performance Analysis for SECUREKLOUD TECHNOLOGIES
- SECUREKLOUD TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 29.81x.
- SECUREKLOUD 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, SECUREKLOUD TECHNOLOGIES 's p/e ratio peaked in Mar2021 at 144.66x.
- SECUREKLOUD TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does SECUREKLOUD TECHNOLOGIES '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 |
---|---|---|---|
SECUREKLOUD TECHNOLOGIES | -72.70 | -1.75 | 127.3 |
TATA CONSULTANCY SERVICES LTD | 45,033.00 | 30.83 | 1,388,440.0 |
INFOSYS LTD | 24,407.00 | 25.24 | 616,016.0 |
HCL TECHNOLOGIES LTD | 15,696.00 | 26.75 | 419,872.0 |
WIPRO LTD | 11,350.10 | 21.74 | 246,731.0 |
LTIMINDTREE LTD | 4,598.00 | 31.75 | 145,972.0 |
TECH MAHINDRA LTD | 2,858.50 | 42.84 | 122,451.0 |
L&T TECHNOLOGY SERVICES LTD | 1,275.70 | 45.15 | 57,602.0 |
TATA ELXSI LTD | 796.82 | 59.94 | 47,765.1 |
MPHASIS LTD | 1,566.91 | 28.94 | 45,349.1 |
PERSISTENT SYSTEMS LTD | 1,029.68 | 60.54 | 62,338.3 |
IT - Software Industry Benchmark (Top 10) PE Analysis vs SECUREKLOUD TECHNOLOGIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -1.75x |
Max industry PE | 60.54x |
Median industry PE | 30.83x |
Average industry PE | 33.82x |
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