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XT GLOBAL INFOTECH
PE (Price/Earnings) Ratio

The Current P/E Ratio of XT GLOBAL INFOTECH is 51.31.

Share Price ₹40.7Apr 15,2024
Market Cap ₹541.0 Cr
Earnings-TTM₹10.5 CrTTM-Consolidated Results
Price/Earnings51.31xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of XT GLOBAL INFOTECH

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 XT GLOBAL INFOTECH is calculated as :

Current Market Cap [ ₹541.0 Cr] as on Apr 15,2024

(/) Earnings [ ₹10.5 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 51.31x ]

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

Thus, for XT GLOBAL INFOTECH , the investors are currently willing to pay 51.31 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 XT GLOBAL INFOTECH !

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 XT GLOBAL INFOTECH over the last five years.

Historical PE (Price/Earnings) ratio chart of XT GLOBAL INFOTECH


PE Ratio Performance Analysis for XT GLOBAL INFOTECH

- XT GLOBAL INFOTECH 's latest p/e ratio is 51.31x.

- XT GLOBAL INFOTECH 's p/e ratio for fiscal years ending Mar2023 to Dec2003 averaged 20.23x.

- XT GLOBAL INFOTECH 's operated at median p/e ratio of 24.22x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, XT GLOBAL INFOTECH 's p/e ratio peaked in Mar2022 at 33.93x.

- XT GLOBAL INFOTECH 's p/e ratio hit its five-year low in Dec2003 of 0x.


How does XT GLOBAL INFOTECH 's P/E Ratio benchmark against top 10 peers in IT - Software Industry?

Peer Comparison (IT - Software Industry)Earnings-TTM (Cr)PE RatioMarket Cap
XT GLOBAL INFOTECH 10.5451.31541.0
TATA CONSULTANCY SERVICES LTD46,099.0030.941,426,120.0
INFOSYS LTD24,407.0024.97609,472.0
HCL TECHNOLOGIES LTD15,696.0026.03408,529.0
WIPRO LTD11,350.1021.14239,970.0
LTIMINDTREE LTD4,598.0031.00142,548.0
TECH MAHINDRA LTD2,858.5041.66119,086.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD2,138.5432.6569,826.6
PERSISTENT SYSTEMS LTD1,029.6859.0360,784.3
L&T TECHNOLOGY SERVICES LTD1,275.7045.1957,653.3
TATA ELXSI LTD796.8258.8246,869.2

IT - Software Industry Benchmark (Top 10) PE Analysis vs XT GLOBAL INFOTECH 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 21.14x
Max industry PE 59.03x
Median industry PE 32.65x
Average industry PE 38.43x



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