Valuation dashboard for ePlus inc. (PLUS) with P/E 18.67, P/B 2.25, EV/EBITDA 9.9 and dividend yield 1.12%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Technology companies.
ePlus inc., together with its subsidiaries, provides information technology (IT) solutions that enable organizations to optimize IT environment and supply chain processes in the United States and internationally. The company sells third-party hardware, perpetual and subscription software, and maintenance; and software assurance and other third-party services.
What would it be worth at its usual multiples?
Versus its usual multiples: fairly priced · Current P/E 18.7× · Multiples range: $86.69 · $150.57.
At the decade median (18.1×) $87 (-3 %); at its sector median (31.5×) $151 (+69 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
Analysis Summary
ePlus inc. reported revenue of $2.44B in the most recent fiscal year, growing at a 5-year CAGR of 9.3%. Net income reached $128.8M, with a 11.6% 5-year CAGR.
Trailing-twelve-month margins: gross margin 24.7%, operating margin 6.9%, net margin 5.1%.
At $89.22 (closing price, November 2, 2026), PLUS trades at a P/E of 18.67 and an ROE of 11.84%. Market capitalisation stands at $2.3B.
Balance sheet quality for PLUS: debt-to-equity ratio of 0.00, current ratio of 2.13 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.
Valuation Ratios
| P/E Ratio | 18.67 |
| Price / Book | 2.25 |
| EV / EBITDA | 9.9 |
| Dividend Yield | 1.12% |
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| PLUS | ePlus inc. | $2.3B | 18.67 | 2.25 | 11.8% |
| CNXN | PC Connection, Inc. | $2.2B | 21.42 | 2.23 | 10.9% |
| WIT | Wipro Limited | $21.3B | 15.47 | 2.53 | 15.9% |
| INGM | Ingram Micro Holding Corporation | $6.2B | 13.56 | 1.43 | 10.8% |
| SHOP.TO | Shopify Inc. | CAD 282.4B | 104.85 | 15.95 | 15.1% |
| SAP | SAP SE | $272.2B | 29.69 | 5.27 | 17.8% |
| 0VHA.L | Shopify Inc. | $219.9B | 113.21 | 17.22 | 15.1% |
| CRM | Salesforce, Inc. | $186.1B | 20.64 | 4.90 | 20.2% |
Price
| Price | $89.22 (closing price, November 2, 2026) |
| Market Cap | $2.3B |
| Exchange | NASDAQ |
| Country | US |
Profitability
| Return on Equity | 11.84% |
| Return on Invested Capital | 10.34% |
| Return on Assets | 6.74% |
| Gross Margin | 24.71% |
| Operating Margin | 6.88% |
| Net Margin | 5.12% |
Related companies: CNXN · WIT · INGM · SHOP.TO · SAP · 0VHA.L · CRM · SHOP
Explore sector: Technology · Software - Application
More sections of PLUS: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events
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