TEJAS NETWORKS
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The Current P/E Ratio of TEJAS NETWORKS is 301.53.
| Share Price | ₹1,111.9 | May 02,2024 |
| Market Cap | ₹18,990.4 Cr | |
| Earnings-TTM | ₹63.0 Cr | TTM-Consolidated Results |
| Price/Earnings | 301.53x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of TEJAS NETWORKS
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)
Current Market Cap [ ₹18,990.4 Cr] as on May 02,2024
(/) Earnings [ ₹63.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 301.53x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for TEJAS NETWORKS , the investors are currently willing to pay 301.53 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 TEJAS NETWORKS !
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 TEJAS NETWORKS over the last five years.
Thus, for TEJAS NETWORKS , the investors are currently willing to pay 301.53 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 TEJAS NETWORKS !
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 TEJAS NETWORKS over the last five years.
Historical PE (Price/Earnings) ratio chart of TEJAS NETWORKS
PE Ratio Performance Analysis for TEJAS NETWORKS
- TEJAS NETWORKS 's latest p/e ratio is 301.53x.
- TEJAS NETWORKS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 10.04x.
- TEJAS NETWORKS '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, TEJAS NETWORKS 's p/e ratio peaked in Mar2021 at 39.55x.
- TEJAS NETWORKS 's p/e ratio hit its five-year low in Mar2023 of 0x.
- TEJAS NETWORKS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 10.04x.
- TEJAS NETWORKS '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, TEJAS NETWORKS 's p/e ratio peaked in Mar2021 at 39.55x.
- TEJAS NETWORKS 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does TEJAS NETWORKS 's P/E Ratio benchmark against top 10 peers in IT - Hardware Industry?
| Peer Comparison (IT - Hardware Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| TEJAS NETWORKS | 62.98 | 301.53 | 18,990.4 |
| NETWEB TECHNOLOGIES INDIA LTD | 75.90 | 131.10 | 9,950.8 |
| NELCO LTD | 23.20 | 74.92 | 1,738.1 |
| CONTROL PRINT LTD | 58.05 | 25.39 | 1,473.8 |
| E2E NETWORKS LTD | 20.87 | 74.45 | 1,554.1 |
| SILVER TOUCH TECHNOLOGIES LTD | 14.12 | 67.29 | 949.8 |
| SWISS MILITARY CONSUMER GOODS LTD | 7.64 | 70.71 | 540.0 |
| EMPOWER INDIA LTD | 4.41 | 73.87 | 325.9 |
| DC INFOTECH AND COMMUNICATION LTD | 9.55 | 29.76 | 284.3 |
| DUCON INFRATECHNOLOGIES LTD | 4.68 | 40.80 | 191.1 |
| MROTEK REALTY LTD | 4.87 | 31.97 | 155.8 |
IT - Hardware Industry Benchmark (Top 10) PE Analysis vs TEJAS NETWORKS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 25.39x |
| Max industry PE | 301.53x |
| Median industry PE | 70.71x |
| Average industry PE | 83.80x |
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