Dev Information Technology Limited
Dev Information Technology Limited provides information technology enabled services in India, Europe, and internationally. The company offers cloud services, including cloud advisory, cloud application modernization, managed cloud, enterprise devOps, and backup and recovery services; and managed IT services, such as managed digital workplace and data center support services, as well as applicatio… Read more
Market Cap & Net Worth: Dev Information Technology Limited (DEVIT)
Dev Information Technology Limited (NSE:DEVIT) has a market capitalization of $18.93 Million (₹1.64 Billion) as of March 19, 2026. Listed on the NSE stock exchange, this India-based company holds position #30971 globally and #1726 in its home market, demonstrating a 12.14% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Dev Information Technology Limited's stock price ₹29.10 by its total outstanding shares 56335232 (56.34 Million).
Dev Information Technology Limited Market Cap History: 2017 to 2026
Dev Information Technology Limited's market capitalization history from 2017 to 2026. Data shows growth from $12.95 Million to $18.93 Million (9.87% CAGR).
Dev Information Technology Limited Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Dev Information Technology Limited's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.06x
Dev Information Technology Limited's market cap is 0.06 times its annual revenue
0.28x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
0.72x
Dev Information Technology Limited's market cap is 0.72 times its annual earnings
8.59x
Lower than industry averageWhat These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2017 | $12.95 Million | $787.85 Million | $39.63 Million | 0.02x | 0.33x |
| 2018 | $11.80 Million | $756.52 Million | $43.71 Million | 0.02x | 0.27x |
| 2019 | $11.20 Million | $684.16 Million | $37.00 Million | 0.02x | 0.30x |
| 2020 | $19.92 Million | $843.80 Million | -$3.20 Million | 0.02x | N/A |
| 2021 | $23.82 Million | $997.49 Million | $1.34 Million | 0.02x | 17.77x |
| 2022 | $83.04 Million | $1.24 Billion | $89.75 Million | 0.07x | 0.93x |
| 2023 | $105.51 Million | $1.63 Billion | $92.88 Million | 0.06x | 1.14x |
| 2024 | $107.25 Million | $1.71 Billion | $148.73 Million | 0.06x | 0.72x |
Competitor Companies of DEVIT by Market Capitalization
Companies near Dev Information Technology Limited in the global market cap rankings as of March 19, 2026.
Key companies related to Dev Information Technology Limited by market ranking:
- International Business Machines (NYSE:IBM): Ranked #63 globally with a market cap of $232.33 Billion USD.
- Accenture plc (NYSE:ACN): Ranked #152 globally with a market cap of $119.84 Billion USD.
- Infosys Limited (F:IOY): Ranked #521 globally with a market cap of $40.65 Billion USD ( €39.61 Billion EUR).
- Cognizant Technology Solutions Corporation (SA:CTSH34): Ranked #591 globally with a market cap of $35.48 Billion USD ( R$216.06 Billion BRL).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #63 | International Business Machines | NYSE:IBM | $232.33 Billion | $251.60 |
| #152 | Accenture plc | NYSE:ACN | $119.84 Billion | $195.15 |
| #521 | Infosys Limited | F:IOY | $40.65 Billion | €11.50 |
| #591 | Cognizant Technology Solutions Corporation | SA:CTSH34 | $35.48 Billion | R$452.79 |
Dev Information Technology Limited Historical Marketcap From 2017 to 2026
Between 2017 and today, Dev Information Technology Limited's market cap moved from $12.95 Million to $ 18.93 Million, with a yearly change of 9.87%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | ₹18.93 Million | -9.71% |
| 2025 | ₹20.97 Million | -80.45% |
| 2024 | ₹107.25 Million | +1.64% |
| 2023 | ₹105.51 Million | +27.06% |
| 2022 | ₹83.04 Million | +248.67% |
| 2021 | ₹23.82 Million | +19.54% |
| 2020 | ₹19.92 Million | +77.83% |
| 2019 | ₹11.20 Million | -5.03% |
| 2018 | ₹11.80 Million | -8.90% |
| 2017 | ₹12.95 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 19th, 2026 the market cap of Dev Information Technology Limited was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $18.93 Million USD |
| MoneyControl | $18.93 Million USD |
| MarketWatch | $18.93 Million USD |
| marketcap.company | $18.93 Million USD |
| Reuters | $18.93 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.