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Wipro Limited is an information technology services business based in the US. Wipro shares (WIT) are listed on the NYSE and all prices are listed in US Dollars. Wipro employs 190,308 staff and has a market cap (total outstanding shares value) of USD$32.2 billion.
|52-week range||USD$2.5148 - USD$6.74|
|50-day moving average||USD$6.4715|
|200-day moving average||USD$5.3589|
|Wall St. target price||USD$5.35|
|Dividend yield||USD$0.015 (0.23%)|
|Earnings per share (TTM)||USD$0.247|
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Valuing Wipro stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Wipro's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Wipro's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 26x. In other words, Wipro shares trade at around 26x recent earnings.
That's comparable to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29).
Wipro's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.0703. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Wipro's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
|Gross profit TTM||USD$174.1 billion|
|Return on assets TTM||8.09%|
|Return on equity TTM||19.14%|
|Market capitalisation||USD$32.2 billion|
TTM: trailing 12 months
There are currently 15.6 million Wipro shares held short by investors – that's known as Wipro's "short interest". This figure is 4% up from 15.0 million last month.
There are a few different ways that this level of interest in shorting Wipro shares can be evaluated.
Wipro's "short interest ratio" (SIR) is the quantity of Wipro shares currently shorted divided by the average quantity of Wipro shares traded daily (recently around 2.3 million). Wipro's SIR currently stands at 6.78. In other words for every 100,000 Wipro shares traded daily on the market, roughly 6780 shares are currently held short.
However Wipro's short interest can also be evaluated against the total number of Wipro shares, or, against the total number of tradable Wipro shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Wipro's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Wipro shares in existence, roughly 0 shares are currently held short) or 0% of the tradable shares (for every 100,000 tradable Wipro shares, roughly 0 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Wipro.
Find out more about how you can short Wipro stock.
Dividend payout ratio: 5.74% of net profits
Recently Wipro has paid out, on average, around 5.74% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.21% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Wipro shareholders could enjoy a 0.21% return on their shares, in the form of dividend payments. In Wipro's case, that would currently equate to about $0.015 per share.
While Wipro's payout ratio might seem low, this can signify that Wipro is investing more in its future growth.
Wipro's most recent dividend payout was on 9 February 2021. The latest dividend was paid out to all shareholders who bought their shares by 22 January 2021 (the "ex-dividend date").
Wipro's shares were split on a 4:3 basis on 15 March 2019. So if you had owned 3 shares the day before before the split, the next day you'd have owned 4 shares. This wouldn't directly have changed the overall worth of your Wipro shares – just the quantity. However, indirectly, the new 25% lower share price could have impacted the market appetite for Wipro shares which in turn could have impacted Wipro's share price.
Over the last 12 months, Wipro's shares have ranged in value from as little as $2.5148 up to $6.74. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Wipro's is 0.6159. This would suggest that Wipro's shares are less volatile than average (for this exchange).
Wipro Limited operates as an information technology (IT), consulting, and business process services (BPS) company worldwide. It operates in three segments: IT Services, IT Products, and India State Run Enterprise Services (ISRE). The IT Services segment offers IT and IT-enabled services, including digital strategy advisory, customer-centric design, technology consulting, IT consulting, custom application design, development, re-engineering and maintenance, systems integration, package implementation, infrastructure, analytics, business process, research and development, and hardware and software design services to enterprises. It serves customers in various industry verticals, such as banking, financial services, and insurance; health business; consumer business; energy, natural resources, and utilities; manufacturing; technology; and communications. The IT Products segment provides a range of third-party IT products comprising enterprise platforms, networking solutions, software and data storage products, contact center infrastructure, enterprise security, IT optimization technologies, video solutions, and end-user computing solutions. It serves enterprises in various industries primarily in the India market, which comprise the government, defense, IT and IT-enabled services, telecommunications, manufacturing, utilities, education, and financial services sectors. The ISRE segment offers IT services to entities and/or departments owned or controlled by the Government of India and/or various Indian State Governments. The company has research collaboration agreements with the University of Texas at Austin; Tel Aviv University, Israel; Swinburne University, Melbourne; IIT Kharagpur; IIT Madras; IISc Bangalore; and University of Agricultural Sciences, Bangalore; and strategic relationship with Amazon Web Services in the area of DevOps. Wipro Limited was founded in 1945 and is based in Bengaluru, India.
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