Bytes Technology GroupBYITY -7.06%62 PE Ratio (TTM) is 17.61 as of Jun. 27, 2026, which is 41% below its 10-year median of 29.92. GuruFocus rates BYITY with a GF Score™ of 62/100 and a GF Value™ of $14.00 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,639 Software companies, Bytes Technology Group ranks better than 55.34% on this metric.
The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2026-06-27), Bytes Technology Group's share price is
$9.88.
Bytes Technology Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2026 was $0.56. Therefore, Bytes Technology Group's PE Ratio (TTM) for today is 17.61.
The historical rank and industry rank for Bytes Technology Group's PE Ratio (TTM) or its related term are showing as below:
BYITY'
s PE Ratio (TTM) Range Over the Past 10 Years
Min: 12.65 Med: 29.92 Max: 67.29
Current: 18.27
During the past 9 years, the highest PE Ratio (TTM) of Bytes Technology Group was 67.29. The lowest was 12.65. And the median was 29.92.
BYITY's PE Ratio (TTM) is ranked better than 55.34% of 1639
companies
in the Software industry
Industry Median: 20.16
vs BYITY: 18.27
During the past 12 months, Bytes Technology Group's average EPS without NRIGrowth Rate was -9.50% per year.
During the past 3 years, the average EPS without NRIGrowth Rate was 6.40% per year.
During the past 5 years, the average EPS without NRIGrowth Rate was 12.60% per year.
During the past 9 years, Bytes Technology Group's highest 3-Year average EPS without NRI Growth Rate was 56.40% per year. The lowest was 6.40% per year. And the median was 19.50% per year.
Bytes Technology Group (OTCPK:BYITY) PE Ratio (TTM) Explanation
The PE Ratio (TTM) can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio (TTM) is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.
In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.
If a company loses money, the PE Ratio (TTM) becomes meaningless.
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.
Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.
Investors need to be aware that the PE Ratio (TTM) can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .
PE Ratio (TTM) can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio (TTM).
Bytes Technology Group PE Ratio (TTM) Related Terms
Bytes Technology Group PE Ratio (TTM) Historical Data
* Premium members only.
The historical data trend for Bytes Technology Group's PE Ratio (TTM) 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.
BYITY vs MSFT, ORCL, PLTR: PE Ratio (TTM) Comparison
For the Software - Infrastructure subindustry, Bytes Technology Group's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) 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.
Bytes Technology Group PE Ratio (TTM) vs Software Industry
For the Software industry and Technology sector, Bytes Technology Group's PE Ratio (TTM) distribution charts can be found below:
* The bar in red indicates where Bytes Technology Group's PE Ratio (TTM) falls into.
The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.
Bytes Technology Group's Share Price of today is $9.88.
For company reported semi-annually, Bytes Technology Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.56.
* 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.
It can also be calculated from the numbers for the whole company:
There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.
In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.
Bytes Technology Group (BYITY) has a PE Ratio (TTM) of 17.61 as of Jun. 27, 2026. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Bytes Technology Group and its competitors. This is 41% below median its historical median of 29.92. Over the past decade, Bytes Technology Group's PE Ratio (TTM) has ranged from 12.65 to 67.29. According to the industry distribution chart, Bytes Technology Group ranks #732 out of 1639 companies in the Software industry, placing it in the top 44.7%.
Is Bytes Technology Group's PE Ratio (TTM) too high?
Bytes Technology Group's current PE Ratio (TTM) of 17.61 is 41% below median its 10-year median of 29.92. Over the past 10 years, this metric has ranged from a low of 12.65 to a high of 67.29. The Software industry median PE Ratio (TTM) is 20.16. Bytes Technology Group's value of 17.61 is 12.6% below this industry median. Based on the distribution chart, Bytes Technology Group ranks #732 out of 1639 companies in the Software industry, which is above the industry midpoint. Overall, Bytes Technology Group has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bytes Technology Group's PE Ratio (TTM) compare to MSFT and ORCL?
According to the Software industry distribution chart, Bytes Technology Group ranks #732 out of 1639 companies for PE Ratio (TTM). This puts Bytes Technology Group in the upper half of its industry. The industry median PE Ratio (TTM) is 20.16. Bytes Technology Group's value of 17.61 is 12.6% below this benchmark. Historically, Bytes Technology Group's own PE Ratio (TTM) has ranged from 12.65 to 67.29 over the past decade. While the company's 10-year median is 29.92 vs. the industry median of 20.16, Bytes Technology Group 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 PE Ratio (TTM) for a Software company?
The median PE Ratio (TTM) among Software companies is 20.16, based on 1,639 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio (TTM) significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bytes Technology Group's current PE Ratio (TTM) of 17.61 is 12.6% 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 PE Ratio (TTM) mean?
A high PE Ratio (TTM) can signal that a stock is expensive relative to its fundamentals. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Bytes Technology Group and its competitors. For the Software industry, the median PE Ratio (TTM) is 20.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bytes Technology Group's current PE Ratio (TTM) is 17.61, which is 41% below median its own 10-year median of 29.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bytes Technology Group stock overvalued right now?
Based on GuruFocus' analysis, Bytes Technology Group (BYITY) is currently considered Significantly Undervalued. The stock's GF Value™ is $14.00, compared to a current price of $9.88 — trading 29.4% below its estimated fair value. The current PE Ratio (TTM) is 17.61, which is 41% below median its 10-year median of 29.92 and 12.6% below the Software industry median of 20.16. Bytes Technology Group's overall GF Score™ is 62/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio (TTM) calculated?
PE Ratio (TTM) is calculated from a company's financial statements. For Bytes Technology Group (BYITY), the current PE Ratio (TTM) is 17.61 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 Bytes Technology Group (BYITY) Overvalued in 2026?
Based on GuruFocus' analysis, Bytes Technology Group stock appears to be undervalued.
The current stock price of $9.88 is trading 29.4% below its estimated GF Value™ of $14.00.
GuruFocus considers Bytes Technology Group to be Significantly Undervalued.
Key valuation signals for BYITY:
PE Ratio (TTM): 17.61 (41% below median its 10-year median of 29.92)
GF Value™: $14.00 vs. price of $9.88 (29.4% below fair value)
Industry Position: 12.6% below the Software median (#732 of 1639)
No single metric tells the full story. See the BYITY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bytes Technology Group PLC is one of the UK's heading providers of IT software offerings and solutions, with a focus on cloud and security products. The Group enables effective and cost-efficient technology sourcing, adoption and management across software services, including in the areas of security and cloud. The company has only one reportable segment. The company's products are Software, Hardware, Services internal, and Services external. The company has presence in United Kingdom, Europe, Rest of world. The company generates majority of revenue from United Kingdom.
62GF Score
Get the complete analysis for BYITY
PE Ratio (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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