Home > PE Ratio > BAJAJ HOLDINGS & INVESTMENT

BAJAJ HOLDINGS & INVESTMENT
PE (Price/Earnings) Ratio

The Current P/E Ratio of BAJAJ HOLDINGS & INVESTMENT is 64.82.

Share Price ₹8,209.2May 17,2024
Market Cap ₹91,368.4 Cr
Earnings-TTM₹1,409.6 CrTTM-Consolidated Results
Price/Earnings64.82xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for BAJAJ HOLDINGS & INVESTMENT
Please provide your vote to see the results
BAJAJ HOLDINGS & INVESTMENT is part of below Screeners ↓
Top Large Cap Stocks with Best Fundamentals
Best Quarterly Growth Large Cap Stocks
Best 1M Momentum Large Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of BAJAJ HOLDINGS & INVESTMENT

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of BAJAJ HOLDINGS & INVESTMENT is calculated as :

Current Market Cap [ ₹91,368.4 Cr] as on May 17,2024

(/) Earnings [ ₹1,409.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 64.82x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for BAJAJ HOLDINGS & INVESTMENT , the investors are currently willing to pay 64.82 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 HOLDINGS & INVESTMENT !

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 HOLDINGS & INVESTMENT over the last five years.

Historical PE (Price/Earnings) ratio chart of BAJAJ HOLDINGS & INVESTMENT


PE Ratio Performance Analysis for BAJAJ HOLDINGS & INVESTMENT

- BAJAJ HOLDINGS & INVESTMENT 's latest p/e ratio is 64.82x.

- BAJAJ HOLDINGS & INVESTMENT 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 11.31x.

- BAJAJ HOLDINGS & INVESTMENT 's operated at median p/e ratio of 12.48x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BAJAJ HOLDINGS & INVESTMENT 's p/e ratio peaked in Mar2022 at 13.78x.

- BAJAJ HOLDINGS & INVESTMENT 's p/e ratio hit its five-year low in Mar2020 of 6.69x.


How does BAJAJ HOLDINGS & INVESTMENT 's P/E Ratio benchmark against top 10 peers in Finance - NBFC Industry?

Peer Comparison (Finance - NBFC Industry)Earnings-TTM (Cr)PE RatioMarket Cap
BAJAJ HOLDINGS & INVESTMENT 1,409.6164.8291,368.4
BAJAJ FINANCE LTD14,443.5028.88417,125.0
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD3,410.7431.65107,946.0
SHRIRAM FINANCE LTD7,391.1112.0689,142.2
SBI CARDS AND PAYMENT SERVICES LTD2,407.7428.2467,994.4
MUTHOOT FINANCE LTD4,294.5815.6967,399.4
ADITYA BIRLA CAPITAL LTD3,134.9818.7258,685.4
SUNDARAM FINANCE LTD1,444.9836.6452,946.5
L&T FINANCE HOLDINGS LTD2,317.1317.2740,024.2
POONAWALLA FINCORP LTD1,651.5121.7135,855.5
MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD1,886.9417.2832,605.6

Finance - NBFC Industry Benchmark (Top 10) PE Analysis vs BAJAJ HOLDINGS & INVESTMENT 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 12.06x
Max industry PE 64.82x
Median industry PE 21.71x
Average industry PE 26.63x



You may also like the below Video Courses