SYLPH TECHNOLOGIES
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The Current P/E Ratio of SYLPH TECHNOLOGIES is -29.93.
Share Price | ₹2.2 | May 24,2024 |
Market Cap | ₹75.3 Cr | |
Earnings-TTM | ₹-2.5 Cr | TTM-Standalone Results |
Price/Earnings | -29.93x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SYLPH TECHNOLOGIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
SYLPH TECHNOLOGIES | -2.51 | -29.93 | 75.3 |
TATA CONSULTANCY SERVICES LTD | 46,099.00 | 30.22 | 1,393,240.0 |
INFOSYS LTD | 26,248.00 | 23.17 | 608,253.0 |
HCL TECHNOLOGIES LTD | 15,710.00 | 23.24 | 365,151.0 |
WIPRO LTD | 11,135.40 | 21.76 | 242,343.0 |
LTIMINDTREE LTD | 4,584.60 | 31.27 | 143,380.0 |
TECH MAHINDRA LTD | 2,386.30 | 54.14 | 129,192.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 2,219.36 | 29.48 | 65,418.3 |
PERSISTENT SYSTEMS LTD | 1,093.49 | 50.06 | 54,739.4 |
L&T TECHNOLOGY SERVICES LTD | 1,306.20 | 37.17 | 48,548.5 |
TATA ELXSI LTD | 792.24 | 57.97 | 45,926.7 |
IT - Software Industry Benchmark (Top 10) PE Analysis vs SYLPH TECHNOLOGIES 's P/E Ratio
Top 10 Industry Peers | PE 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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