Metrics to compare | PROO | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipPROOPeersSector | |
|---|---|---|---|---|
P/E Ratio | 24.5x | 20.0x | 12.1x | |
PEG Ratio | −1.86 | 0.10 | 0.01 | |
Price/Book | 1.9x | 2.4x | 2.4x | |
Price / LTM Sales | 1.9x | 2.8x | 2.2x | |
Upside (Analyst Target) | 65.9% | 28.1% | 35.0% | |
Fair Value Upside | Unlock | 18.7% | 5.9% | Unlock |
Protean eGov Technologies Limited, together with its subsidiaries, develops and implements citizen-centric and population-scale e-governance solutions and digital public infrastructure in India. It offers PAN and tax deduction, and collection account number issuance; electronic tax deducted at source return processing; online PAN verification; digital enrolment, Electronic National Pension System, and D-Remit; and digital permanent retirement account number generation and integrated payment solutions. The company also provides digital identity services, such as authentication, verification and paperless transactions; and identity solutions, including Aadhaar authentication, e-KYC services, licensed eSign services, and online PAN verification. In addition, it offers Open Network for Digital Commerce, a BECKN gateway and registry; Central AgriStack for data exchange of farmers, government bodies, and private entities; Vidhyasaarthi and ONEST for education and skilling; CMIS and PHR applications, as well as centralized dashboards for the health sector; and technology platform for a digital insurance marketplace. Further, the company provides Protean On-Premises Cloud, an open-source cloud platform; Managed Security Operations Centre for security monitoring and incident management services; Quantum-Safe Data Vault for privacy sensitive information; Secure API Gateway, an API integration platform; AI in a Box, a modular AI platform; analytics as a service; and Data Stack Portfolio comprising RISE with Protean, eSignPro, Account Aggregator, and AI-driven CKYC and Onboarding. Additionally, it is involved in the development of interoperable digital platforms; the operation of a network of PAN and TIN facilitation centres. The company was formerly known as NSDL e-Governance Infrastructure Limited and changed its name to Protean eGov Technologies Limited in October 2021. Protean eGov Technologies Limited was incorporated in 1995 and is headquartered in Mumbai, India.