Wipro Limited

NSEI:WIPRO Stock Report

Market Cap: ₹2.1t

Wipro Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • 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 WIPRO 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: WIPRO (₹198.57) is trading above our estimate of future cash flow value (₹118.04)

Significantly Below Future Cash Flow Value: WIPRO 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 WIPRO?

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

The above table shows the Price to Earnings ratio for WIPRO. This is calculated by dividing WIPRO's market cap by their current earnings.
What is WIPRO's PE Ratio?
PE Ratio15.7x
Earnings₹132.65b
Market Cap₹2.08t

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for WIPRO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average23.1x
TECHM Tech Mahindra
25.8x19.79%₹1.2t
HCLTECH HCL Technologies
21.5x10.91%₹3.7t
LTM LTIMindtree
27.5x17.05%₹1.3t
INFY Infosys
17.8x6.41%₹5.2t
WIPRO Wipro
15.7x6.13%₹2.1t

Price-To-Earnings vs Peers: WIPRO is good value based on its Price-To-Earnings Ratio (15.7x) compared to the peer average (23.1x).

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 WIPRO's PE Ratio compare vs other companies in the IN IT Industry?

6 CompaniesPrice / EarningsEstimated GrowthMarket Cap
DEVIT Dev Information Technology
2xn/aUS$14.82m
ROXHITECH ROX Hi-Tech
3.9xn/aUS$8.27m
541890 Space Incubatrics Technologies
0.8xn/aUS$831.91k
504375 IDream Film Infrastructure
1.9xn/aUS$492.11k
WIPRO 15.7xIndustry Avg. 21.1xNo. of Companies26PE020406080100+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: WIPRO is good value based on its Price-To-Earnings Ratio (15.7x) compared to the Indian IT industry average (21.1x).

Price to Earnings Ratio vs Fair Ratio

What is WIPRO'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.

WIPRO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio15.7x
Fair PE Ratio24.3x

Price-To-Earnings vs Fair Ratio: WIPRO is good value based on its Price-To-Earnings Ratio (15.7x) compared to the estimated Fair Price-To-Earnings Ratio (24.3x).

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 WIPRO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹198.57
₹258.07
+29.96%
12.49%₹330.00₹180.00n/a42
Feb ’27₹241.80
₹263.42
+8.94%
10.69%₹330.00₹200.00n/a43
Jan ’27₹267.35
₹257.67
-3.62%
11.26%₹300.00₹185.00n/a43
Dec ’26₹250.28
₹253.65
+1.35%
11.31%₹300.00₹185.00n/a43
Nov ’26₹240.67
₹253.28
+5.24%
11.20%₹300.00₹185.00n/a43
Oct ’26₹241.07
₹255.86
+6.14%
11.64%₹319.00₹185.00n/a43
Sep ’26₹250.36
₹261.07
+4.28%
11.36%₹320.00₹185.00n/a43
Aug ’26₹242.75
₹262.56
+8.16%
10.60%₹320.00₹200.00n/a43
Jul ’26₹264.55
₹253.44
-4.20%
10.69%₹324.00₹200.00n/a43
Jun ’26₹249.67
₹247.65
-0.81%
10.01%₹300.00₹200.00n/a43
May ’26₹241.50
₹247.65
+2.55%
10.01%₹300.00₹200.00n/a43
Apr ’26₹262.60
₹285.79
+8.83%
10.66%₹350.00₹235.00n/a42
Mar ’26₹277.65
₹295.04
+6.26%
10.02%₹360.00₹240.00₹200.9641
Feb ’26₹304.80
₹293.68
-3.65%
10.21%₹360.00₹240.00₹241.8042
Jan ’26₹300.30
₹273.61
-8.89%
12.84%₹350.00₹212.50₹267.3541
Dec ’25₹288.93
₹267.09
-7.56%
12.29%₹350.00₹212.50₹250.2841
Nov ’25₹275.68
₹265.13
-3.82%
11.45%₹335.00₹212.50₹240.6741
Oct ’25₹273.38
₹256.32
-6.24%
12.25%₹335.00₹205.00₹241.0741
Sep ’25₹269.20
₹250.84
-6.82%
12.04%₹320.00₹192.50₹250.3641
Aug ’25₹260.78
₹250.53
-3.93%
12.18%₹320.00₹192.50₹242.7540
Jul ’25₹263.68
₹236.86
-10.17%
11.42%₹303.50₹192.50₹264.5540
Jun ’25₹219.10
₹228.32
+4.21%
9.68%₹285.00₹192.50₹249.6741
May ’25₹231.20
₹226.10
-2.21%
11.53%₹285.00₹135.00₹241.5042
Apr ’25₹242.48
₹232.24
-4.22%
12.33%₹285.00₹135.00₹262.6040
Mar ’25₹259.55
₹232.16
-10.55%
12.50%₹285.00₹135.00₹277.6540
₹258.1
Fair Value
23.1% undervalued intrinsic discount
42
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/03/02 01:58
End of Day Share Price 2026/03/02 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

Wipro Limited is covered by 84 analysts. 41 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
Nitin BhasinAmbit Capital
Sushovon NayakAnand Rathi Shares and Stock Brokers Limited