WEP SOLUTIONS
|
The Current P/E Ratio of WEP SOLUTIONS is 23.18.
Share Price | ₹39.6 | Apr 19,2024 |
Market Cap | ₹144.8 Cr | |
Earnings-TTM | ₹6.2 Cr | TTM-Standalone Results |
Price/Earnings | 23.18x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of WEP SOLUTIONS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹144.8 Cr] as on Apr 19,2024
(/) Earnings [ ₹6.2 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 23.18x ]
Thus, for WEP SOLUTIONS , the investors are currently willing to pay 23.18 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 WEP SOLUTIONS !
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 WEP SOLUTIONS over the last five years.
Historical PE (Price/Earnings) ratio chart of WEP SOLUTIONS
PE Ratio Performance Analysis for WEP SOLUTIONS
- WEP SOLUTIONS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 152.75x.
- WEP SOLUTIONS 's operated at median p/e ratio of 11.33x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, WEP SOLUTIONS 's p/e ratio peaked in Mar2020 at 722.31x.
- WEP SOLUTIONS 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does WEP SOLUTIONS '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 |
---|---|---|---|
WEP SOLUTIONS | 6.25 | 23.18 | 144.8 |
TATA CONSULTANCY SERVICES LTD | 46,099.00 | 30.04 | 1,384,800.0 |
INFOSYS LTD | 26,248.00 | 22.32 | 585,936.0 |
HCL TECHNOLOGIES LTD | 15,696.00 | 25.03 | 392,912.0 |
WIPRO LTD | 11,135.40 | 21.25 | 236,626.0 |
LTIMINDTREE LTD | 4,598.00 | 30.01 | 138,000.0 |
TECH MAHINDRA LTD | 2,858.50 | 40.79 | 116,606.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 2,138.54 | 30.82 | 65,902.8 |
PERSISTENT SYSTEMS LTD | 1,029.68 | 58.16 | 59,888.5 |
L&T TECHNOLOGY SERVICES LTD | 1,275.70 | 43.39 | 55,353.7 |
TATA ELXSI LTD | 796.82 | 58.18 | 46,361.7 |
IT - Software Industry Benchmark (Top 10) PE Analysis vs WEP SOLUTIONS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 21.25x |
Max industry PE | 58.18x |
Median industry PE | 30.04x |
Average industry PE | 34.83x |
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