L&T Technology Services (NSE:LTTS) PEG Ratio: 2.32 (As of Jul. 05, 2026) — Near Median


NSE:LTTS L&T Technology Services Ltd NSE:LTTS
96 GF Score
Price ₹3,206.20
GF Value ₹5,243.93
Valuation Significantly Undervalued
! 3 Warning Signs
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What is L&T Technology Services PEG Ratio?

L&T Technology Services NSE:LTTS +1.24% 96 PEG Ratio is 2.32 as of Jul. 05, 2026, which is 8% below its 10-year median of 2.53. GuruFocus rates NSE:LTTS with a GF Score™ of 96/100 and a GF Value™ of ₹5,243.93 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 821 Software companies, L&T Technology Services ranks worse than 70.89% on this metric.

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, L&T Technology Services's PE Ratio without NRI is 25.78. L&T Technology Services's 5-Year EBITDA growth rate is 11.10%. Therefore, L&T Technology Services's PEG Ratio for today is 2.32.

* 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 L&T Technology Services's PEG Ratio or its related term are showing as below:

NSE:LTTS' s PEG Ratio Range Over the Past 10 Years
Min: 1.75   Med: 2.53   Max: 4.45
Current: 2.32


During the past 12 years, L&T Technology Services's highest PEG Ratio was 4.45. The lowest was 1.75. And the median was 2.53.


NSE:LTTS's PEG Ratio is ranked worse than
70.89% of 821 companies
in the Software industry
Industry Median: 1.29 vs NSE:LTTS: 2.32

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


L&T Technology Services  (NSE:LTTS) 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.


L&T Technology Services PEG Ratio Related Terms


L&T Technology Services PEG Ratio Historical Data

* Premium members only.

The historical data trend for L&T Technology Services'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.

L&T Technology Services PEG Ratio Chart

L&T Technology Services Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.17 2.04 3.04 2.67 2.15

L&T Technology Services Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.67 2.48 2.45 2.96 2.15

NSE:LTTS vs IBM, ACN, FISV: PEG Ratio Comparison

For the Information Technology Services subindustry, L&T Technology Services'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.


L&T Technology Services PEG Ratio vs Software Industry

For the Software industry and Technology sector, L&T Technology Services's PEG Ratio distribution charts can be found below:

* The bar in red indicates where L&T Technology Services's PEG Ratio falls into.


NSE:LTTS
96GF Score
L&T Technology Services Ltd NSE:LTTS
PEG Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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L&T Technology Services 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.

L&T Technology Services's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=25.776834454869/11.10
=2.32

* 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.

Frequently Asked Questions Learn more about PEG Ratio →
What does a PEG Ratio of 2.32 mean?
L&T Technology Services (NSE:LTTS) has a PEG Ratio of 2.32 as of Jul. 05, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on L&T Technology Services and its competitors. This is near median its historical median of 2.53. Over the past decade, L&T Technology Services' PEG Ratio has ranged from 1.75 to 4.45. According to the industry distribution chart, L&T Technology Services ranks #582 out of 821 companies in the Software industry, placing it in the top 70.9%.
Is L&T Technology Services' PEG Ratio too high?
L&T Technology Services' current PEG Ratio of 2.32 is near median its 10-year median of 2.53. Over the past 10 years, this metric has ranged from a low of 1.75 to a high of 4.45. The Software industry median PEG Ratio is 1.29. L&T Technology Services' value of 2.32 is 79.8% above this industry median. Based on the distribution chart, L&T Technology Services ranks #582 out of 821 companies in the Software industry, which is below the industry midpoint. Overall, L&T Technology Services has a GF Score™ of 96/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does L&T Technology Services' PEG Ratio compare to IBM and ACN?
According to the Software industry distribution chart, L&T Technology Services ranks #582 out of 821 companies for PEG Ratio. This places L&T Technology Services in the lower half of its industry. The industry median PEG Ratio is 1.29. L&T Technology Services' value of 2.32 is 79.8% above this benchmark. Historically, L&T Technology Services' own PEG Ratio has ranged from 1.75 to 4.45 over the past decade. While the company's 10-year median is 2.53 vs. the industry median of 1.29, L&T Technology Services has consistently been above 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 1.29, based on 821 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. L&T Technology Services's current PEG Ratio of 2.32 is 79.8% above 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 L&T Technology Services and its competitors. For the Software industry, the median PEG Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. L&T Technology Services's current PEG Ratio is 2.32, which is near median its own 10-year median of 2.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is L&T Technology Services stock overvalued right now?
Based on GuruFocus' analysis, L&T Technology Services (NSE:LTTS) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹5,243.93, compared to a current price of ₹3,206.20 — trading 38.9% below its estimated fair value. The current PEG Ratio is 2.32, which is near median its 10-year median of 2.53 and 79.8% above the Software industry median of 1.29. L&T Technology Services' overall GF Score™ is 96/100 with 3 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 L&T Technology Services (NSE:LTTS), the current PEG Ratio is 2.32 as of Jul. 05, 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 L&T Technology Services (NSE:LTTS) Overvalued in 2026?

Based on GuruFocus' analysis, L&T Technology Services stock appears to be undervalued. The current stock price of ₹3,206.20 is trading 38.9% below its estimated GF Value™ of ₹5,243.93. GuruFocus considers L&T Technology Services to be Significantly Undervalued.

Key valuation signals for NSE:LTTS:

  • PEG Ratio: 2.32 (near median its 10-year median of 2.53)
  • GF Value™: ₹5,243.93 vs. price of ₹3,206.20 (38.9% below fair value)
  • GF Score™: 96/100 with 3 warning signs
  • Industry Position: 79.8% above the Software median (#582 of 821)

No single metric tells the full story. See the NSE:LTTS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


L&T Technology Services Business Description

Other Exchanges 540115:India
Address National Highway No. 8, Ajwa Waghodia Crossing, West Block-II, L&T Knowledge City (IT/ITES) SEZ, Vadodara, GJ, IND, 390 019
L&T Technology Services Ltd is a provider of engineering and research services in connection to embedded systems and other engineering support services. The company's operating segments include Mobility, Sustainability and Tech. It derives the majority of its revenue from the Sustainability segment. Geographically, it derives a majority of its revenue from North America, while it also has its presence in Europe, India, and Rest of the world. The services provided by the company are Digital engineering & consulting, Product consulting, Manufacturing engineering, and Plant engineering.
96GF Score

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PEG Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹3,206.20
Price
₹5,243.93
GF Value