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VARANIUM CLOUD
PE (Price/Earnings) Ratio

The Current P/E Ratio of VARANIUM CLOUD is 1.03.

Share Price ₹22.7May 24,2024
Market Cap ₹100.3 Cr
Earnings-TTM₹97.0 CrTTM-Standalone Results
Price/Earnings1.03xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of VARANIUM CLOUD

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 VARANIUM CLOUD is calculated as :

Current Market Cap [ ₹100.3 Cr] as on May 24,2024

(/) Earnings [ ₹97.0 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 1.03x ]

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

Thus, for VARANIUM CLOUD , the investors are currently willing to pay 1.03 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 VARANIUM CLOUD !

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 VARANIUM CLOUD over the last five years.

Historical PE (Price/Earnings) ratio chart of VARANIUM CLOUD


PE Ratio Performance Analysis for VARANIUM CLOUD

- VARANIUM CLOUD 's latest p/e ratio is 1.03x.

- VARANIUM CLOUD 's p/e ratio for fiscal years ending Mar2023 to Mar2020 averaged 0.51x.

- VARANIUM CLOUD 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 4 fiscal years, VARANIUM CLOUD 's p/e ratio peaked in Mar2023 at 2.02x.

- VARANIUM CLOUD 's p/e ratio hit its five-year low in Mar2022 of 0x.


How does VARANIUM CLOUD 's P/E Ratio benchmark against top 10 peers in Business Support Industry?

Peer Comparison (Business Support Industry)Earnings-TTM (Cr)PE RatioMarket Cap
VARANIUM CLOUD 97.041.03100.3
SYNGENE INTERNATIONAL LTD510.0053.2627,161.2
SUN PHARMA ADVANCED RESEARCH COMPANY LTD-388.11-18.687,249.8
LATENT VIEW ANALYTICS LTD158.6463.2610,035.2
JUST DIAL LTD362.9322.198,052.0
DREAMFOLKS SERVICES LTD75.9636.602,780.4
EKI ENERGY SERVICES LTD-129.20-6.92893.4
AGS TRANSACT TECHNOLOGIES LTD-91.01-10.07916.0
JAYKAY ENTERPRISES LTD10.0874.35749.4
QUINT DIGITAL LTD47.7610.02478.7
PTL ENTERPRISES LTD23.5623.91563.3

Business Support Industry Benchmark (Top 10) PE Analysis vs VARANIUM CLOUD 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -18.68x
Max industry PE 74.35x
Median industry PE 22.19x
Average industry PE 22.63x



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