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TECHNVISION VENTURES
PE (Price/Earnings) Ratio

The Current P/E Ratio of TECHNVISION VENTURES is 159.75.

Share Price ₹1,944.4Apr 25,2024
Market Cap ₹1,225.0 Cr
Earnings-TTM₹7.7 CrTTM-Consolidated Results
Price/Earnings159.75xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of TECHNVISION VENTURES

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 TECHNVISION VENTURES is calculated as :

Current Market Cap [ ₹1,225.0 Cr] as on Apr 25,2024

(/) Earnings [ ₹7.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 159.75x ]

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

Thus, for TECHNVISION VENTURES , the investors are currently willing to pay 159.75 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 TECHNVISION VENTURES !

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 TECHNVISION VENTURES over the last five years.

Historical PE (Price/Earnings) ratio chart of TECHNVISION VENTURES


PE Ratio Performance Analysis for TECHNVISION VENTURES

- TECHNVISION VENTURES 's latest p/e ratio is 159.75x.

- TECHNVISION VENTURES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 112.29x.

- TECHNVISION VENTURES 's operated at median p/e ratio of 12.37x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TECHNVISION VENTURES 's p/e ratio peaked in Mar2023 at 519.72x.

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


How does TECHNVISION VENTURES 's P/E Ratio benchmark against top 10 peers in IT - Software Industry?

Peer Comparison (IT - Software Industry)Earnings-TTM (Cr)PE RatioMarket Cap
TECHNVISION VENTURES 7.67159.751,225.0
TATA CONSULTANCY SERVICES LTD46,099.0030.231,393,630.0
INFOSYS LTD26,248.0022.75597,061.0
HCL TECHNOLOGIES LTD15,696.0026.00408,040.0
WIPRO LTD11,135.4021.63240,892.0
LTIMINDTREE LTD4,584.6029.95137,315.0
TECH MAHINDRA LTD2,386.3048.72116,249.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD2,219.3627.8861,875.7
PERSISTENT SYSTEMS LTD1,093.4948.3352,843.0
L&T TECHNOLOGY SERVICES LTD1,306.2041.9554,793.0
TATA ELXSI LTD792.2455.7644,177.4

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

Top 10 Industry PeersPE Ratio
Min industry PE 21.63x
Max industry PE 159.75x
Median industry PE 30.23x
Average industry PE 46.63x



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