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SYLPH TECHNOLOGIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of SYLPH TECHNOLOGIES is -29.93.

Share Price ₹2.2May 24,2024
Market Cap ₹75.3 Cr
Earnings-TTM₹-2.5 CrTTM-Standalone Results
Price/Earnings-29.93xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SYLPH 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 SYLPH TECHNOLOGIES is calculated as :

Current Market Cap [ ₹75.3 Cr] as on May 24,2024

(/) Earnings [ ₹-2.5 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ -29.93x ]

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

Thus, for SYLPH TECHNOLOGIES , the investors are currently willing to pay -29.93 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 SYLPH 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 SYLPH TECHNOLOGIES over the last five years.

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


PE Ratio Performance Analysis for SYLPH TECHNOLOGIES

- SYLPH TECHNOLOGIES 's latest p/e ratio is -29.93x.

- SYLPH TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 83.67x.

- SYLPH TECHNOLOGIES 's operated at median p/e ratio of 6.13x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SYLPH TECHNOLOGIES 's p/e ratio peaked in Mar2019 at 231.4x.

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


How does SYLPH 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
SYLPH TECHNOLOGIES -2.51-29.9375.3
TATA CONSULTANCY SERVICES LTD46,099.0030.221,393,240.0
INFOSYS LTD26,248.0023.17608,253.0
HCL TECHNOLOGIES LTD15,710.0023.24365,151.0
WIPRO LTD11,135.4021.76242,343.0
LTIMINDTREE LTD4,584.6031.27143,380.0
TECH MAHINDRA LTD2,386.3054.14129,192.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD2,219.3629.4865,418.3
PERSISTENT SYSTEMS LTD1,093.4950.0654,739.4
L&T TECHNOLOGY SERVICES LTD1,306.2037.1748,548.5
TATA ELXSI LTD792.2457.9745,926.7

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

Top 10 Industry PeersPE Ratio
Min industry PE -29.93x
Max industry PE 57.97x
Median industry PE 30.22x
Average industry PE 29.87x



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