Persistent Systems Limited

NSEI:PERSISTENT Stock Report

Market Cap: ₹692.3b

Persistent Systems Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

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

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: PERSISTENT (₹4638.8) is trading above our estimate of future cash flow value (₹1402.85)

Significantly Below Future Cash Flow Value: PERSISTENT is trading above our estimate of future cash flow value.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for PERSISTENT. This is calculated by dividing PERSISTENT's market cap by their current earnings.
What is PERSISTENT's PE Ratio?
PE Ratio40x
Earnings₹17.32b
Market Cap₹692.34b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for PERSISTENT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average26.5x
COFORGE Coforge
32x27.96%₹362.9b
LTM LTIMindtree
26.2x18.47%₹1.2t
526299 Mphasis
22.1x13.12%₹396.9b
TECHM Tech Mahindra
25.7x19.76%₹1.2t
PERSISTENT Persistent Systems
40x19.96%₹692.3b

Price-To-Earnings vs Peers: PERSISTENT is expensive based on its Price-To-Earnings Ratio (40x) compared to the peer average (26.5x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

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

6 CompaniesPrice / EarningsEstimated GrowthMarket Cap
DEVIT Dev Information Technology
2.1xn/aUS$15.72m
ROXHITECH ROX Hi-Tech
3.3xn/aUS$6.98m
541890 Space Incubatrics Technologies
0.7xn/aUS$749.98k
504375 IDream Film Infrastructure
2.1xn/aUS$538.04k
PERSISTENT 40.0xIndustry Avg. 20.2xNo. of Companies18PE01632486480+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: PERSISTENT is expensive based on its Price-To-Earnings Ratio (40x) compared to the Indian IT industry average (20.2x).

Price to Earnings Ratio vs Fair Ratio

What is PERSISTENT'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.

PERSISTENT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio40x
Fair PE Ratio28.7x

Price-To-Earnings vs Fair Ratio: PERSISTENT is expensive based on its Price-To-Earnings Ratio (40x) compared to the estimated Fair Price-To-Earnings Ratio (28.7x).

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 PERSISTENT forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹4,638.80
₹6,411.71
+38.22%
19.41%₹8,500.00₹3,602.00n/a34
Mar ’27₹4,733.00
₹6,710.69
+41.79%
15.91%₹8,500.00₹3,602.00n/a35
Feb ’27₹6,068.00
₹6,817.54
+12.35%
15.02%₹8,865.00₹4,375.00n/a35
Jan ’27₹6,282.50
₹6,179.20
-1.64%
15.82%₹8,270.00₹3,694.00n/a35
Dec ’26₹6,406.00
₹6,053.49
-5.50%
15.58%₹8,270.00₹3,694.00n/a35
Nov ’26₹5,916.60
₹6,017.91
+1.71%
15.80%₹8,270.00₹3,694.00n/a35
Oct ’26₹4,955.40
₹5,770.03
+16.44%
16.00%₹7,536.00₹3,700.00n/a35
Sep ’26₹5,420.00
₹5,843.12
+7.81%
16.33%₹7,536.00₹3,675.00n/a34
Aug ’26₹5,061.50
₹5,857.97
+15.74%
16.14%₹7,536.00₹3,675.00n/a34
Jul ’26₹6,038.50
₹5,738.55
-4.97%
17.10%₹7,637.00₹3,675.00n/a33
Jun ’26₹5,638.00
₹5,529.85
-1.92%
17.93%₹7,730.00₹3,550.00n/a33
May ’26₹5,321.50
₹5,562.50
+4.53%
17.90%₹7,730.00₹3,550.00n/a34
Apr ’26₹5,211.55
₹5,925.82
+13.71%
18.33%₹7,710.00₹3,550.00n/a33
Mar ’26₹5,303.90
₹6,133.91
+15.65%
20.51%₹9,267.00₹3,400.00₹4,733.0033
Feb ’26₹5,933.55
₹6,117.71
+3.10%
20.39%₹9,267.00₹3,400.00₹6,068.0034
Jan ’26₹6,436.80
₹5,708.45
-11.32%
20.94%₹9,096.00₹3,090.00₹6,282.5033
Dec ’25₹5,905.65
₹5,416.88
-8.28%
16.34%₹6,750.00₹3,090.00₹6,406.0033
Nov ’25₹5,389.00
₹5,364.94
-0.45%
17.18%₹6,750.00₹3,090.00₹5,916.6034
Oct ’25₹5,487.75
₹4,892.12
-10.85%
19.91%₹6,500.00₹2,965.00₹4,955.4033
Sep ’25₹5,170.85
₹4,543.09
-12.14%
17.26%₹5,920.00₹2,780.00₹5,420.0033
Aug ’25₹4,796.45
₹4,480.22
-6.59%
16.84%₹5,920.00₹2,780.00₹5,061.5032
Jul ’25₹4,496.15
₹3,778.35
-15.96%
17.53%₹4,790.00₹1,675.00₹6,038.5031
Jun ’25₹3,410.50
₹3,723.39
+9.17%
14.77%₹4,790.00₹2,400.00₹5,638.0031
May ’25₹3,368.60
₹3,678.61
+9.20%
17.88%₹4,790.00₹1,675.00₹5,321.5031
Apr ’25₹3,996.65
₹3,809.70
-4.68%
21.45%₹4,985.00₹1,675.00₹5,211.5530
Mar ’25₹4,299.50
₹3,857.78
-10.27%
19.05%₹4,985.00₹1,675.00₹5,303.9030
₹6.41k
Fair Value
27.7% undervalued intrinsic discount
34
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/03/16 23:47
End of Day Share Price 2026/03/16 00:00
Earnings2025/12/31
Annual Earnings2025/03/31

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.

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 Github.

Analyst Sources

Persistent Systems Limited is covered by 61 analysts. 34 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nitin BhasinAmbit Capital
Ashwin MehtaAmbit Capital
Sushovon NayakAnand Rathi Shares and Stock Brokers Limited