Tech Mahindra Stock

Tech Mahindra EV/EBIT

The EV/EBIT (Enterprise Value to EBIT) of Tech Mahindra (TECHM.NS) as of Aug 5, 2026 is 29.11. In the previous year, EV/EBIT (Enterprise Value to EBIT) was 47.25 — a change of -38.39% (lower).

EV/EBIT

29.11

YoY

-38.39%

Last updated:

EV/EBIT (Enterprise Value to EBIT) of Tech Mahindra is 2026 29.11 . EV/EBIT (Enterprise Value to EBIT) of Tech Mahindra was 2025 47.25 . It decreases by -38.39% lower compared to the previous year.

The Tech Mahindra EV/EBIT history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

PRICE-TO-EBIT
Date
PRICE-TO-EBIT
Jan 1, 2019
12.51 base
Jan 1, 2020
19.31 base
Jan 1, 2021
29.04 base
Jan 1, 2022
13.75 base
Jan 1, 2023
18.46 base
Jan 1, 2024
47.55 base
Jan 1, 2025
27.33 base
Jan 1, 2026 (e)
22.53 base
YEARPRICE-TO-EBIT
2026 est 22.53
2025 27.33
2024 47.55
2023 18.46
2022 13.75
2021 29.04
2020 19.31
2019 12.51
2018 16.71
2017 13.25
2016 11.82
2015 13.54
2014 15.98
2013 18.99
2012 15.39
2011 8.27
2010 8.70
2009 10.21
2008 4.08
2007 20.37
2006 75.83
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Tech Mahindra Valuation

Details

Historical Valuation Multiples

Price-to-Earnings Ratio (P/E)

The P/E ratio divides Tech Mahindra's share price by its earnings per share. It tells you how many years of current earnings you are "paying for" when you buy the stock. A P/E of 20 means you pay $20 for every $1 of annual earnings. The S&P 500 historically trades at an average P/E of roughly 15–17. A P/E significantly above that may signal high growth expectations; one below may indicate undervaluation — or declining business quality.

Price-to-Sales Ratio (P/S)

The P/S ratio divides market capitalization by total revenue. Unlike the P/E ratio, it works even for companies that are not yet profitable, making it essential for evaluating high-growth firms. A P/S below 1.0 may indicate undervaluation, while ratios above 10 are typically reserved for fast-growing tech or SaaS companies with high expected future margins.

Price-to-EBIT Ratio

This ratio relates Tech Mahindra's market price to its operating earnings, excluding the effects of debt structure and tax jurisdiction. It is particularly useful for comparing companies across different countries or with different levels of leverage, because it focuses purely on operational profitability. Lower values suggest cheaper operational earnings.

How to Use This Chart

This chart plots Tech Mahindra's valuation multiples over time. Compare the current P/E, P/S, and P/EBIT to their own historical averages — if the current ratio is well below the multi-year average, the stock may be relatively cheap compared to its own track record. Combine this with industry comparisons: a P/E that looks high in absolute terms may be justified if Tech Mahindra grows earnings faster than its peers.

Tech Mahindra Stock analysis

What does Tech Mahindra do? Tech Mahindra Ltd is a multinational IT company headquartered in Pune, India. The company was founded in 1986 and has since become one of the world's leading providers of IT services and business process outsourcing (BPO). Tech Mahindra's history dates back to 1986 when it was established as a joint venture between Mahindra & Mahindra and British Telecom. The company initially focused on developing software and IT solutions for the telecommunications sector and later expanded its offerings to other industries such as retail, healthcare, banking, and financial services. Tech Mahindra's business model is based on providing IT services, solutions, and products to global companies. The company strives to offer innovative and transformative solutions tailored to the specific requirements of each client. Tech Mahindra offers a wide range of IT services, including software development, system integration, network and infrastructure services, cloud computing, analytics, and other digital services. Tech Mahindra is divided into various divisions to cater to a broad range of industries and customer needs. These divisions include telecommunications, automotive, healthcare, retail, banking and financial services, and energy and utilities. In the telecommunications division, Tech Mahindra provides a variety of solutions and services for telecommunications providers. This includes network design and optimization, IT system development, customer service and support, and telecommunications software development. The automotive division offers innovative solutions and technologies for automobile manufacturers and suppliers. This includes software development, telematics, intelligent mobility, connected vehicles, and lightweight construction. Tech Mahindra's healthcare division provides IT solutions and services to companies in the healthcare industry. This includes the implementation of patient information and management systems, outsourcing of administrative services, and the development of health apps and software. In the retail sector, Tech Mahindra offers innovative technologies and solutions for retailers. This includes system integration, customer service and support, and the development of retail apps and software. In the banking and financial services industry, Tech Mahindra offers its clients IT solutions and services for banking software development, risk and compliance management, and financing. The energy and utilities division covers IT solutions for the optimization of utility infrastructures, development of smart grid solutions, power and gas network management, and energy conversion. In summary, Tech Mahindra offers its clients a wide range of IT services, solutions, and products for various industries and customer needs. The company has become a global leader in IT services and BPO through its focus on innovative and transformative solutions, technological expertise, and extensive industry know-how. Tech Mahindra is a multinational IT company based in Pune, India. It was established in 1986 as a joint venture between Mahindra & Mahindra and British Telecom. The company started by developing software and IT solutions for the telecommunications sector and expanded its services to other industries over the years. Tech Mahindra provides IT services, solutions, and products to global companies, aiming to offer innovative and tailored solutions. Their services include software development, system integration, network and infrastructure services, cloud computing, analytics, and digital services. The company is divided into divisions that cater to different industries such as telecommunications, automotive, healthcare, retail, banking and financial services, and energy and utilities. In each division, Tech Mahindra offers specific solutions and services tailored to the needs of the industry. They have become a global leader in IT services and business process outsourcing (BPO) by focusing on innovation, technological expertise, and industry knowledge. Tech Mahindra is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Tech Mahindra stock

EV/EBIT (Enterprise Value to EBIT) of Tech Mahindra is 29.11 in 2026.

EV/EBIT (Enterprise Value to EBIT) of Tech Mahindra changed from 47.25 to 29.11, representing a -38.39% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of EV/EBIT (Enterprise Value to EBIT) Tech Mahindra since 2006 – with annual values, charts, and detailed analysis.

The EV/EBIT ratio measures a company's enterprise value relative to its operating earnings. It accounts for debt, making it useful for comparing companies with different capital structures.

EV/EBIT = Enterprise Value / Earnings Before Interest and Taxes

To evaluate EV/EBIT (Enterprise Value to EBIT)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for EV/EBIT (Enterprise Value to EBIT).

A 'good' varies by industry and company stage. On Eulerpool, you can compare EV/EBIT (Enterprise Value to EBIT)'s Tech Mahindra with sector peers and the industry average to assess whether it is attractive.

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Valuation — Tech Mahindra

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