TATA ELXSI
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The Current P/E Ratio of TATA ELXSI is 58.14.
Share Price | ₹7,436.2 | Apr 22,2024 |
Market Cap | ₹46,327.2 Cr | |
Earnings-TTM | ₹796.8 Cr | TTM-Standalone Results |
Price/Earnings | 58.14x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of TATA ELXSI
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹46,327.2 Cr] as on Apr 22,2024
(/) Earnings [ ₹796.8 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 58.14x ]
Thus, for TATA ELXSI , the investors are currently willing to pay 58.14 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 TATA ELXSI !
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 TATA ELXSI over the last five years.
Historical PE (Price/Earnings) ratio chart of TATA ELXSI
PE Ratio Performance Analysis for TATA ELXSI
- TATA ELXSI 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 46.18x.
- TATA ELXSI 's operated at median p/e ratio of 45.57x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TATA ELXSI 's p/e ratio peaked in Mar2022 at 100.16x.
- TATA ELXSI 's p/e ratio hit its five-year low in Mar2020 of 15.31x.
How does TATA ELXSI '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 |
---|---|---|---|
TATA ELXSI | 796.82 | 58.14 | 46,327.2 |
TATA CONSULTANCY SERVICES LTD | 46,099.00 | 30.34 | 1,398,550.0 |
INFOSYS LTD | 26,248.00 | 22.65 | 594,612.0 |
HCL TECHNOLOGIES LTD | 15,696.00 | 25.34 | 397,769.0 |
WIPRO LTD | 11,135.40 | 21.68 | 241,381.0 |
LTIMINDTREE LTD | 4,598.00 | 30.14 | 138,597.0 |
TECH MAHINDRA LTD | 2,858.50 | 41.27 | 117,963.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 2,138.54 | 30.56 | 65,345.4 |
PERSISTENT SYSTEMS LTD | 1,093.49 | 49.46 | 54,080.8 |
L&T TECHNOLOGY SERVICES LTD | 1,275.70 | 43.00 | 54,855.1 |
MPHASIS LTD | 1,566.91 | 26.98 | 42,280.4 |
IT - Software Industry Benchmark (Top 10) PE Analysis vs TATA ELXSI 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 21.68x |
Max industry PE | 58.14x |
Median industry PE | 30.34x |
Average industry PE | 34.51x |
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