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ZEN TECHNOLOGIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of ZEN TECHNOLOGIES is 69.58.

Share Price ₹955.1Mar 28,2024
Market Cap ₹8,022.4 Cr
Earnings-TTM₹115.3 CrTTM-Consolidated Results
Price/Earnings69.58xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ZEN 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 ZEN TECHNOLOGIES is calculated as :

Current Market Cap [ ₹8,022.4 Cr] as on Mar 28,2024

(/) Earnings [ ₹115.3 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 69.58x ]

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

Thus, for ZEN TECHNOLOGIES , the investors are currently willing to pay 69.58 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 ZEN 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 ZEN TECHNOLOGIES over the last five years.

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


PE Ratio Performance Analysis for ZEN TECHNOLOGIES

- ZEN TECHNOLOGIES 's latest p/e ratio is 69.58x.

- ZEN TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 225.10x.

- ZEN TECHNOLOGIES 's operated at median p/e ratio of 60.95x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ZEN TECHNOLOGIES 's p/e ratio peaked in Mar2022 at 819.98x.

- ZEN TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2020 of 2.99x.


How does ZEN 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
ZEN TECHNOLOGIES 115.2969.588,022.4
TATA CONSULTANCY SERVICES LTD45,033.0031.201,405,100.0
INFOSYS LTD24,407.0025.49622,132.0
HCL TECHNOLOGIES LTD15,696.0026.68418,800.0
WIPRO LTD11,350.1022.10250,833.0
LTIMINDTREE LTD4,598.0031.79146,191.0
TECH MAHINDRA LTD2,858.5042.73122,134.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD2,138.5435.5375,976.8
PERSISTENT SYSTEMS LTD1,029.6859.6861,454.4
L&T TECHNOLOGY SERVICES LTD1,275.7045.4357,955.8
TATA ELXSI LTD796.8260.8048,448.6

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

Top 10 Industry PeersPE Ratio
Min industry PE 22.10x
Max industry PE 69.58x
Median industry PE 35.53x
Average industry PE 41.00x



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