Analysis Article • May 19
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- 7D1.3%
- 3M16.7%
- 1Y-2.9%
- YTDn/a
The Application Software industry is up 1.3% in the last week, with Oracle Financial Services Software up 8.8%. Meanwhile, Zaggle Prepaid Ocean Services actually underperformed within the industry, shrinking 25% in the last week. Overall in the last year, the industry is flat. Earnings are forecast to grow by 17% annually.
Industry Valuation and Performance
Has the Indian Application Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 May 2026 | ₹1.8t | ₹375.4b | ₹58.7b | 23.9x | 31x | 4.9x |
| Sat, 18 Apr 2026 | ₹1.7t | ₹360.0b | ₹55.6b | 26.9x | 30x | 4.6x |
| Mon, 16 Mar 2026 | ₹1.4t | ₹359.8b | ₹55.5b | 22.9x | 25.7x | 4x |
| Wed, 11 Feb 2026 | ₹1.5t | ₹324.0b | ₹51.9b | 29.9x | 28.9x | 4.6x |
| Fri, 09 Jan 2026 | ₹1.6t | ₹315.8b | ₹50.5b | 35.4x | 31.7x | 5.1x |
| Sun, 07 Dec 2025 | ₹1.7t | ₹317.0b | ₹50.5b | 35.1x | 33.2x | 5.3x |
| Tue, 04 Nov 2025 | ₹1.7t | ₹301.5b | ₹45.8b | 38x | 37.2x | 5.6x |
| Thu, 02 Oct 2025 | ₹1.7t | ₹296.6b | ₹45.5b | 35.3x | 37.1x | 5.7x |
| Sat, 30 Aug 2025 | ₹1.6t | ₹296.9b | ₹45.5b | 36.7x | 35.9x | 5.5x |
| Mon, 28 Jul 2025 | ₹1.7t | ₹290.7b | ₹44.2b | 38.6x | 37.5x | 5.7x |
| Wed, 25 Jun 2025 | ₹1.7t | ₹297.5b | ₹46.1b | 33x | 36.7x | 5.7x |
| Fri, 23 May 2025 | ₹1.6t | ₹298.3b | ₹43.4b | 28.9x | 37.6x | 5.5x |
| Sun, 20 Apr 2025 | ₹1.5t | ₹289.0b | ₹40.5b | 26.6x | 36.7x | 5.1x |
| Tue, 18 Mar 2025 | ₹1.4t | ₹289.0b | ₹40.5b | 24x | 34.3x | 4.8x |
| Thu, 13 Feb 2025 | ₹1.7t | ₹289.4b | ₹41.3b | 30.8x | 40x | 5.7x |
| Sat, 11 Jan 2025 | ₹2.0t | ₹285.1b | ₹44.3b | 32.1x | 44.9x | 7x |
| Mon, 09 Dec 2024 | ₹2.1t | ₹285.6b | ₹47.0b | 35.2x | 44.3x | 7.3x |
| Wed, 06 Nov 2024 | ₹1.9t | ₹281.7b | ₹49.1b | 30.2x | 38.1x | 6.7x |
| Fri, 04 Oct 2024 | ₹1.9t | ₹277.7b | ₹47.3b | 32.2x | 40.9x | 7x |
| Sun, 01 Sep 2024 | ₹2.0t | ₹277.2b | ₹47.4b | 33.9x | 41.2x | 7x |
| Tue, 30 Jul 2024 | ₹2.0t | ₹274.3b | ₹47.8b | 33.7x | 41.2x | 7.2x |
| Thu, 27 Jun 2024 | ₹1.8t | ₹267.5b | ₹46.5b | 33x | 37.8x | 6.6x |
| Sat, 25 May 2024 | ₹1.5t | ₹270.4b | ₹46.0b | 28.6x | 32.8x | 5.6x |
| Mon, 22 Apr 2024 | ₹1.5t | ₹268.6b | ₹45.5b | 30.8x | 33.3x | 5.6x |
| Wed, 20 Mar 2024 | ₹1.5t | ₹268.5b | ₹45.4b | 33.5x | 33.7x | 5.7x |
| Fri, 16 Feb 2024 | ₹1.6t | ₹268.4b | ₹45.4b | 31.6x | 34.3x | 5.8x |
| Sun, 14 Jan 2024 | ₹1.3t | ₹254.7b | ₹39.7b | 32.2x | 32.6x | 5.1x |
| Tue, 12 Dec 2023 | ₹1.2t | ₹254.7b | ₹39.5b | 32.4x | 29.9x | 4.6x |
| Thu, 09 Nov 2023 | ₹1.1t | ₹252.2b | ₹38.1b | 36.3x | 29.6x | 4.5x |
| Sat, 07 Oct 2023 | ₹1.1t | ₹245.3b | ₹36.9b | 33.5x | 30.3x | 4.6x |
| Mon, 04 Sep 2023 | ₹1.1t | ₹240.0b | ₹36.7b | 34.3x | 29.4x | 4.5x |
| Wed, 02 Aug 2023 | ₹1.0t | ₹237.4b | ₹35.8b | 30.9x | 28.3x | 4.3x |
| Fri, 30 Jun 2023 | ₹949.2b | ₹231.1b | ₹34.4b | 30.9x | 27.6x | 4.1x |
| Sun, 28 May 2023 | ₹839.5b | ₹227.9b | ₹33.3b | 29.3x | 25.2x | 3.7x |
Price to Earnings Ratio
25.2x
Current Industry PE
- Investors are pessimistic on the Indian Application Software industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 31.0x which is lower than its 3-year average PE of 34.6x.
- The 3-year average PS ratio of 5.5x is higher than the industry's current PS ratio of 4.9x.
Past Earnings Growth
- The earnings for companies in the Application Software industry have grown 21% per year over the last three years.
- Revenues for these companies have grown 18% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Indian Application Software compare with similar industries?
| IN Market | 0.71% | |
| Tech | 1.84% | |
| Software | 1.27% | |
| Application Software | 1.26% | |
| Systems Software | 1.30% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 532466 Oracle Financial Services Software | ₹9.71k | 8.8% +₹68.2b | 15.8% | PE32x | |
| RATEGAIN RateGain Travel Technologies | ₹659.50 | 5.3% +₹3.9b | 30.6% | PE43.5x | |
| AURIONPRO Aurionpro Solutions | ₹788.95 | 3.1% +₹1.3b | -43.5% | PE19.9x | |
| 526881 63 moons technologies | ₹688.40 | 3.6% +₹1.1b | -20.7% | PS8x | |
| 539724 HyperSoft Technologies | ₹147.30 | 6.0% +₹700.9m | 590.9% | PE304.3x |