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TRIGYN TECHNOLOGIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of TRIGYN TECHNOLOGIES is 104.74.

Share Price ₹119.9Apr 23,2024
Market Cap ₹369.4 Cr
Earnings-TTM₹3.5 CrTTM-Consolidated Results
Price/Earnings104.74xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of TRIGYN 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 TRIGYN TECHNOLOGIES is calculated as :

Current Market Cap [ ₹369.4 Cr] as on Apr 23,2024

(/) Earnings [ ₹3.5 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 104.74x ]

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

Thus, for TRIGYN TECHNOLOGIES , the investors are currently willing to pay 104.74 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 TRIGYN 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 TRIGYN TECHNOLOGIES over the last five years.

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


PE Ratio Performance Analysis for TRIGYN TECHNOLOGIES

- TRIGYN TECHNOLOGIES 's latest p/e ratio is 104.74x.

- TRIGYN TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 5.56x.

- TRIGYN TECHNOLOGIES 's operated at median p/e ratio of 4.56x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TRIGYN TECHNOLOGIES 's p/e ratio peaked in Mar2022 at 10.61x.

- TRIGYN TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2020 of 1.39x.


How does TRIGYN 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
TRIGYN TECHNOLOGIES 3.53104.74369.4
TATA CONSULTANCY SERVICES LTD46,099.0030.411,401,720.0
INFOSYS LTD26,248.0022.80598,431.0
HCL TECHNOLOGIES LTD15,696.0025.70403,413.0
WIPRO LTD11,135.4021.68241,407.0
LTIMINDTREE LTD4,598.0030.41139,844.0
TECH MAHINDRA LTD2,858.5041.01117,226.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD2,138.5429.7863,686.9
PERSISTENT SYSTEMS LTD1,093.4949.7254,365.8
L&T TECHNOLOGY SERVICES LTD1,275.7043.1955,096.2
TATA ELXSI LTD792.2458.1246,046.3

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

Top 10 Industry PeersPE Ratio
Min industry PE 21.68x
Max industry PE 104.74x
Median industry PE 30.41x
Average industry PE 41.60x



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