Wipro Limited

BSE:507685 Stock Report

Market Cap: ₹3.2t

Wipro Valuation

Is 507685 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 507685 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 507685 (₹305.15) is trading above our estimate of fair value (₹126.24)

Significantly Below Fair Value: 507685 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 507685?

Key metric: As 507685 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 507685. This is calculated by dividing 507685's market cap by their current earnings.
What is 507685's PE Ratio?
PE Ratio27.2x
Earnings₹117.41b
Market Cap₹3.19t

Price to Earnings Ratio vs Peers

How does 507685's PE Ratio compare to its peers?

The above table shows the PE ratio for 507685 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average35.5x
HCLTECH HCL Technologies
30.4x9.0%₹5.2t
TECHM Tech Mahindra
45.6x24.9%₹1.5t
INFY Infosys
29x8.1%₹8.0t
LTIM LTIMindtree
37.1x14.8%₹1.7t
507685 Wipro
27.2x8.1%₹3.2t

Price-To-Earnings vs Peers: 507685 is good value based on its Price-To-Earnings Ratio (27.2x) compared to the peer average (35.5x).

Price to Earnings Ratio vs Industry

How does 507685's PE Ratio compare vs other companies in the IN IT Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
GTL GTL
1.2xn/aUS$23.44m
517429 Athena Global Technologies
0.7xn/aUS$16.96m
509040 Netlink Solutions (India)
3.6xn/aUS$5.66m
512341 CES
0.05xn/aUS$130.33k
No more companies available in this PE range
507685 27.2xIndustry Avg. 36.7xNo. of Companies14PE020406080100+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 507685 is good value based on its Price-To-Earnings Ratio (27.2x) compared to the Indian IT industry average (36.7x).

Price to Earnings Ratio vs Fair Ratio

What is 507685's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

507685 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio27.2x
Fair PE Ratio48.8x

Price-To-Earnings vs Fair Ratio: 507685 is good value based on its Price-To-Earnings Ratio (27.2x) compared to the estimated Fair Price-To-Earnings Ratio (48.8x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 507685 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹305.15
₹269.02
-11.8%
12.5%₹350.00₹212.50n/a41
Dec ’25₹288.98
₹267.09
-7.6%
12.3%₹350.00₹212.50n/a41
Nov ’25₹275.58
₹265.13
-3.8%
11.5%₹335.00₹212.50n/a41
Oct ’25₹273.33
₹256.32
-6.2%
12.3%₹335.00₹205.00n/a41
Sep ’25₹269.10
₹250.84
-6.8%
12.0%₹320.00₹192.50n/a41
Aug ’25₹260.78
₹250.53
-3.9%
12.2%₹320.00₹192.50n/a40
Jul ’25₹263.63
₹236.86
-10.2%
11.4%₹303.50₹192.50n/a40
Jun ’25₹218.88
₹228.32
+4.3%
9.7%₹285.00₹192.50n/a41
May ’25₹231.15
₹226.10
-2.2%
11.5%₹285.00₹135.00n/a42
Apr ’25₹242.50
₹232.24
-4.2%
12.3%₹285.00₹135.00n/a40
Mar ’25₹259.58
₹232.16
-10.6%
12.5%₹285.00₹135.00n/a40
Feb ’25₹235.58
₹228.93
-2.8%
13.4%₹285.00₹135.00n/a40
Jan ’25₹238.65
₹200.04
-16.2%
11.0%₹250.00₹135.00n/a40
Dec ’24₹203.85
₹196.58
-3.6%
10.6%₹240.00₹135.00₹288.9840
Nov ’24₹190.48
₹197.94
+3.9%
11.1%₹243.00₹135.00₹275.5840
Oct ’24₹203.13
₹200.56
-1.3%
8.8%₹243.00₹167.50₹273.3339
Sep ’24₹208.00
₹196.45
-5.6%
9.5%₹243.00₹159.50₹269.1040
Aug ’24₹203.43
₹196.17
-3.6%
9.6%₹243.00₹159.50₹260.7841
Jul ’24₹194.53
₹194.21
-0.2%
10.2%₹239.50₹154.50₹263.6339
Jun ’24₹203.63
₹194.68
-4.4%
10.4%₹239.50₹155.00₹218.8839
May ’24₹192.58
₹196.21
+1.9%
10.2%₹239.50₹155.00₹231.1539
Apr ’24₹182.65
₹203.46
+11.4%
10.6%₹245.00₹155.00₹242.5039
Mar ’24₹195.50
₹212.98
+8.9%
15.0%₹370.00₹175.00₹259.5841
Feb ’24₹201.28
₹211.74
+5.2%
15.1%₹370.00₹164.00₹235.5843
Jan ’24₹196.40
₹211.23
+7.5%
16.4%₹370.00₹164.00₹238.6540
Dec ’23₹206.80
₹209.76
+1.4%
16.5%₹370.00₹164.00₹203.8540

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 13:52
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Wipro Limited is covered by 94 analysts. 42 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ashwin MehtaAmbit Capital
Mohit JainAnand Rathi Shares and Stock Brokers Limited
Hitesh AgrawalAngel Broking Private Limited