BAJAJ FINANCE
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The Current P/E Ratio of BAJAJ FINANCE is 29.98.
Share Price | ₹7,758.1 | Jan 29,2025 |
Market Cap | ₹481,002.2 Cr | |
Earnings-TTM | ₹16,046.4 Cr | TTM-Consolidated Results |
Price/Earnings | 29.98x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of BAJAJ FINANCE
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹481,002.2 Cr] as on Jan 29,2025
(/) Earnings [ ₹16,046.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 29.98x ]
Thus, for BAJAJ FINANCE , the investors are currently willing to pay 29.98 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of BAJAJ FINANCE !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of BAJAJ FINANCE over the last five years.
Historical PE (Price/Earnings) ratio chart of BAJAJ FINANCE
PE Ratio Performance Analysis for BAJAJ FINANCE
- BAJAJ FINANCE 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 43.62x.
- BAJAJ FINANCE 's operated at median p/e ratio of 30.96x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BAJAJ FINANCE 's p/e ratio peaked in Mar2021 at 70.08x.
- BAJAJ FINANCE 's p/e ratio hit its five-year low in Mar2020 of 25.26x.
How does BAJAJ FINANCE 's P/E Ratio benchmark against top 10 peers in Finance - NBFC Industry?
Peer Comparison (Finance - NBFC Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
BAJAJ FINANCE | 16,046.40 | 29.98 | 481,002.2 |
BAJAJ HOLDINGS & INVESTMENT LTD | 1,493.10 | 85.17 | 127,171.0 |
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD | 3,834.90 | 28.42 | 108,974.0 |
SHRIRAM FINANCE LTD | 9,302.25 | 11.19 | 104,065.0 |
SBI CARDS AND PAYMENT SERVICES LTD | 2,044.47 | 35.45 | 72,469.4 |
MUTHOOT FINANCE LTD | 4,844.47 | 18.31 | 88,719.5 |
ADITYA BIRLA CAPITAL LTD | 3,494.55 | 13.18 | 46,047.2 |
SUNDARAM FINANCE LTD | 1,594.91 | 30.70 | 48,956.8 |
L&T FINANCE HOLDINGS LTD | 2,560.60 | 14.23 | 36,437.6 |
POONAWALLA FINCORP LTD | 417.44 | 58.69 | 24,499.5 |
MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD | 2,410.51 | 13.85 | 33,377.8 |
Finance - NBFC Industry Benchmark (Top 10) PE Analysis vs BAJAJ FINANCE 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 11.19x |
Max industry PE | 85.17x |
Median industry PE | 28.42x |
Average industry PE | 30.83x |
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