Wipro Limited

NSEI:WIPRO Stock Report

Market Cap: ₹2.9t

Wipro Valuation

Is WIPRO 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 WIPRO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: WIPRO (₹557.15) is trading above our estimate of fair value (₹256.83)

Significantly Below Fair Value: WIPRO is trading above our estimate of fair 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 Ratio24.8x
Earnings₹117.41b
Market Cap₹2.91t

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 Average35.2x
HCLTECH HCL Technologies
29.4x9.2%₹5.0t
TECHM Tech Mahindra
46x24.9%₹1.5t
INFY Infosys
27.8x8.2%₹7.6t
LTIM LTIMindtree
37.7x14.7%₹1.8t
WIPRO Wipro
24.8x8.1%₹2.9t

Price-To-Earnings vs Peers: WIPRO is good value based on its Price-To-Earnings Ratio (24.8x) compared to the peer average (35.2x).

Price to Earnings Ratio vs Industry

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

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
GTL GTL
1.1xn/aUS$21.95m
517429 Athena Global Technologies
0.6xn/aUS$15.50m
509040 Netlink Solutions (India)
3.2xn/aUS$5.13m
512341 CES
0.05xn/aUS$130.33k
No more companies available in this PE range
WIPRO 24.8xIndustry Avg. 34.5xNo. of Companies19PE020406080100+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: WIPRO is good value based on its Price-To-Earnings Ratio (24.8x) compared to the Indian IT industry average (34.5x).

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 Ratio24.8x
Fair PE Ratio48.3x

Price-To-Earnings vs Fair Ratio: WIPRO is good value based on its Price-To-Earnings Ratio (24.8x) compared to the estimated Fair Price-To-Earnings Ratio (48.3x).

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₹557.15
₹530.27
-4.8%
11.5%₹670.00₹425.00n/a41
Nov ’25₹551.35
₹530.27
-3.8%
11.5%₹670.00₹425.00n/a41
Oct ’25₹546.75
₹512.63
-6.2%
12.3%₹670.00₹410.00n/a41
Sep ’25₹538.40
₹501.68
-6.8%
12.0%₹640.00₹385.00n/a41
Aug ’25₹521.55
₹501.05
-3.9%
12.2%₹640.00₹385.00n/a40
Jul ’25₹527.35
₹473.73
-10.2%
11.4%₹607.00₹385.00n/a40
Jun ’25₹438.20
₹456.63
+4.2%
9.7%₹570.00₹385.00n/a41
May ’25₹462.40
₹452.19
-2.2%
11.5%₹570.00₹270.00n/a42
Apr ’25₹484.95
₹464.48
-4.2%
12.3%₹570.00₹270.00n/a40
Mar ’25₹519.10
₹464.33
-10.6%
12.5%₹570.00₹270.00n/a40
Feb ’25₹471.35
₹457.85
-2.9%
13.4%₹570.00₹270.00n/a40
Jan ’25₹477.15
₹400.08
-16.2%
11.0%₹500.00₹270.00n/a40
Dec ’24₹407.65
₹393.15
-3.6%
10.6%₹480.00₹270.00n/a40
Nov ’24₹380.95
₹395.88
+3.9%
11.1%₹486.00₹270.00₹551.3540
Oct ’24₹406.05
₹401.13
-1.2%
8.8%₹486.00₹335.00₹546.7539
Sep ’24₹416.35
₹392.90
-5.6%
9.5%₹486.00₹319.00₹538.4040
Aug ’24₹406.95
₹392.34
-3.6%
9.6%₹486.00₹319.00₹521.5541
Jul ’24₹389.15
₹388.41
-0.2%
10.2%₹479.00₹309.00₹527.3539
Jun ’24₹407.15
₹389.36
-4.4%
10.4%₹479.00₹310.00₹438.2039
May ’24₹385.00
₹392.41
+1.9%
10.2%₹479.00₹310.00₹462.4039
Apr ’24₹365.25
₹406.92
+11.4%
10.6%₹490.00₹310.00₹484.9539
Mar ’24₹390.95
₹425.95
+9.0%
15.0%₹740.00₹350.00₹519.1041
Feb ’24₹402.40
₹423.49
+5.2%
15.1%₹740.00₹328.00₹471.3543
Jan ’24₹392.75
₹422.45
+7.6%
16.4%₹740.00₹328.00₹477.1540
Dec ’23₹413.70
₹419.53
+1.4%
16.5%₹740.00₹328.00₹407.6540
Nov ’23₹392.40
₹430.27
+9.7%
22.2%₹850.00₹328.00₹380.9541

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

Discover undervalued companies

Route Mobile

₹87.5b

Provides cloud-communication platform services to enterprises, over-the-top players, and mobile network operators worldwide.

543228

₹1,388.60

7D

-1.7%

1Y

-10.6%

Bodhtree Consulting

₹151.5m

Bodhtree Consulting Limited, together with its subsidiaries, provides information technology (IT) and IT enabling services primarily in India and the United States.

539122

₹75.90

7D

0%

1Y

3.7%

Mindpool Technologies

₹268.0m

Provides IT staffing, software development, and information technology enabled services in India.

MINDPOOL

₹63.25

7D

0%

1Y

-23.9%