eClerx ServicesNSE:ECLERX +0.57%88 Pretax Margin % is 22.75% as of Mar. 2026, which is 5% below its 10-year median of 23.95. GuruFocus rates NSE:ECLERX with a GF Score™ of 88/100 and a GF Value™ of ₹1,994.71 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,822 Software companies, eClerx Services ranks better than 88.63% on this metric.
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
eClerx Services Pretax Margin % Related Terms
eClerx Services Pretax Margin % Historical Data
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The historical data trend for eClerx Services's Pretax Margin % 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.
NSE:ECLERX vs IBM, ACN, FISV: Pretax Margin % Comparison
For the Information Technology Services subindustry, eClerx Services's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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.
eClerx Services Pretax Margin % vs Software Industry
For the Software industry and Technology sector, eClerx Services's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where eClerx Services's Pretax Margin % 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.
eClerx Services (NSE:ECLERX) has a Pretax Margin % of 22.75% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on eClerx Services and its competitors. This is near median its historical median of 23.95. Over the past decade, eClerx Services' Pretax Margin % has ranged from 19.53 to 32.77. According to the industry distribution chart, eClerx Services ranks #321 out of 2822 companies in the Software industry, placing it in the top 11.4%.
Is eClerx Services' Pretax Margin % too high?
eClerx Services' current Pretax Margin % of 22.75% is near median its 10-year median of 23.95. Over the past 10 years, this metric has ranged from a low of 19.53 to a high of 32.77. The Software industry median Pretax Margin % is 3.51. eClerx Services' value of 22.75% is 549.1% above this industry median. Based on the distribution chart, eClerx Services ranks #321 out of 2822 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, eClerx Services has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does eClerx Services' Pretax Margin % compare to IBM and ACN?
According to the Software industry distribution chart, eClerx Services ranks #321 out of 2822 companies for Pretax Margin %. This places eClerx Services in the top 11% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 3.51. eClerx Services' value of 22.75% is 549.1% above this benchmark. Historically, eClerx Services' own Pretax Margin % has ranged from 19.53 to 32.77 over the past decade. While the company's 10-year median is 23.95 vs. the industry median of 3.51, eClerx 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 Pretax Margin % for a Software company?
The median Pretax Margin % among Software companies is 3.51, based on 2,822 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. eClerx Services's current Pretax Margin % of 22.75% is 549.1% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on eClerx Services and its competitors. For the Software industry, the median Pretax Margin % is 3.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. eClerx Services's current Pretax Margin % is 22.75%, which is near median its own 10-year median of 23.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is eClerx Services stock overvalued right now?
Based on GuruFocus' analysis, eClerx Services (NSE:ECLERX) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,994.71, compared to a current price of ₹1,332.40 — trading 33.2% below its estimated fair value. The current Pretax Margin % is 22.75%, which is near median its 10-year median of 23.95 and 549.1% above the Software industry median of 3.51. eClerx Services' overall GF Score™ is 88/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For eClerx Services (NSE:ECLERX), the current Pretax Margin % is 22.75% as of Mar. 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 eClerx Services (NSE:ECLERX) Overvalued in 2026?
Based on GuruFocus' analysis, eClerx Services stock appears to be undervalued.
The current stock price of ₹1,332.40 is trading 33.2% below its estimated GF Value™ of ₹1,994.71.
GuruFocus considers eClerx Services to be Significantly Undervalued.
Key valuation signals for NSE:ECLERX:
Pretax Margin %: 22.75% (near median its 10-year median of 23.95)
GF Value™: ₹1,994.71 vs. price of ₹1,332.40 (33.2% below fair value)
Industry Position: 549.1% above the Software median (#321 of 2822)
No single metric tells the full story. See the NSE:ECLERX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
eClerx Services Ltd provides a variety of information technology, or IT, and knowledge and business process outsourcing services. The firm's financial services include expense management and accounting and finance, digital marketing services that include customer relationship management and business intelligence, market intelligence, financial market operations, finance and accounting, and other services. The geographical segments of the company are North America, United Kingdom, Europe, and Asia Pacific.
88GF Score
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