* 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:
NSE:DEVIT'
s PEG Ratio Range Over the Past 10 Years
Min: 0.36 Med: 0.42 Max: 2.21
Current: 0.37
During the past 13 years, Dev Information Technology's highest PEG Ratio was 2.21. The lowest was 0.36. And the median was 0.42.
NSE:DEVIT's PEG Ratio is ranked better than 88.2% of 822
companies
in the Software industry
Industry Median: 1.26
vs NSE:DEVIT: 0.37
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
Dev Information Technology (NSE:DEVIT) 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
Dev Information Technology PEG Ratio Historical Data
* 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.
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 PEG Ratio vs 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.
* 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 (NSE:DEVIT) has a PEG Ratio of 0.37 as of Jun. 27, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Dev Information Technology and its competitors. This is 12% below median its historical median of 0.42. Over the past decade, Dev Information Technology's PEG Ratio has ranged from 0.36 to 2.21. According to the industry distribution chart, Dev Information Technology ranks #97 out of 822 companies in the Software industry, placing it in the top 11.8%.
Is Dev Information Technology's PEG Ratio too high?
Dev Information Technology's current PEG Ratio of 0.37 is 12% below median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 2.21. The Software industry median PEG Ratio is 1.26. Dev Information Technology's value of 0.37 is 70.6% below this industry median. Based on the distribution chart, Dev Information Technology ranks #97 out of 822 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Dev Information Technology has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dev Information Technology's PEG Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Dev Information Technology ranks #97 out of 822 companies for PEG Ratio. This places Dev Information Technology in the top 12% of its industry — outperforming the majority of peers. The industry median PEG Ratio is 1.26. Dev Information Technology's value of 0.37 is 70.6% below this benchmark. Historically, Dev Information Technology's own PEG Ratio has ranged from 0.36 to 2.21 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 1.26, Dev Information Technology has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PEG Ratio for a Software company?
The median PEG Ratio among Software companies is 1.26, based on 822 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dev Information Technology's current PEG Ratio of 0.37 is 70.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Dev Information Technology and its competitors. For the Software industry, the median PEG Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dev Information Technology's current PEG Ratio is 0.37, which is 12% below median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dev Information Technology stock overvalued right now?
Based on GuruFocus' analysis, Dev Information Technology (NSE:DEVIT) is currently considered Possible Value Trap. The stock's GF Value™ is ₹56.58, compared to a current price of ₹26.27 — trading 53.6% below its estimated fair value. The current PEG Ratio is 0.37, which is 12% below median its 10-year median of 0.42 and 70.6% below the Software industry median of 1.26. Dev Information Technology's overall GF Score™ is 69/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For Dev Information Technology (NSE:DEVIT), the current PEG Ratio is 0.37 as of Jun. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Dev Information Technology (NSE:DEVIT) Overvalued in 2026?
Based on GuruFocus' analysis, Dev Information Technology stock appears to be undervalued.
The current stock price of ₹26.27 is trading 53.6% below its estimated GF Value™ of ₹56.58.
GuruFocus considers Dev Information Technology to be Possible Value Trap.
Key valuation signals for NSE:DEVIT:
PEG Ratio: 0.37 (12% below median its 10-year median of 0.42)
GF Value™: ₹56.58 vs. price of ₹26.27 (53.6% below fair value)
Industry Position: 70.6% below the Software median (#97 of 822)
No single metric tells the full story. See the NSE:DEVIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
69GF Score
Get the complete analysis for NSE:DEVIT
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