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Dev Information Technology (BOM:543462) PEG Ratio : 1.45 (As of Dec. 14, 2024)


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What is Dev Information Technology PEG Ratio?

PE Ratio without NRI / 5-Year EBITDA Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, Dev Information Technology's PE Ratio without NRI is 19.42. Dev Information Technology's 5-Year EBITDA growth rate is 13.40%. Therefore, Dev Information Technology's PEG Ratio for today is 1.45.

* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


The historical rank and industry rank for Dev Information Technology's PEG Ratio or its related term are showing as below:

BOM:543462' s PEG Ratio Range Over the Past 10 Years
Min: 1.47   Med: 1.97   Max: 2.21
Current: 1.49


During the past 12 years, Dev Information Technology's highest PEG Ratio was 2.21. The lowest was 1.47. And the median was 1.97.


BOM:543462's PEG Ratio is ranked better than
55.04% of 814 companies
in the Software industry
Industry Median: 1.68 vs BOM:543462: 1.49

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


Dev Information Technology PEG Ratio Historical Data

The historical data trend for Dev Information Technology's PEG Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Dev Information Technology PEG Ratio Chart

Dev Information Technology Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.34 - - - 1.78

Dev Information Technology Quarterly Data
Mar18 Sep18 Mar19 Sep19 Mar20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
PEG Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 1.78 - -

Competitive Comparison of Dev Information Technology's PEG Ratio

For the Information Technology Services subindustry, Dev Information Technology's PEG Ratio, along with its competitors' market caps and PEG Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dev Information Technology's PEG Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Dev Information Technology's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Dev Information Technology's PEG Ratio falls into.



Dev Information Technology PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year EBITDA growth rate.

Dev Information Technology's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=19.417536797081/13.40
=1.45

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


Dev Information Technology  (BOM:543462) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


Dev Information Technology PEG Ratio Related Terms

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Dev Information Technology Business Description

Traded in Other Exchanges
Address
Thaltej - Shilaj Road, 14, Aaryans Corporate Park, Near Shilaj Railway Crossing, Thaltej, Ahmedabad, GJ, IND, 380059
Dev Information Technology Ltd is engaged in providing information technology solutions and consultancy services in India. It offers advisory, architecture, implementation, and support services. The company provides various services namely enterprise applications and mobility, infrastructure management, cloud computing, digital services and licensing among others. It operates in a single segment being IT and IT enabled services.

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