DHANLAXMI BANK
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The Current P/E Ratio of DHANLAXMI BANK is 46.44.
Share Price | ₹36.0 | Dec 26,2024 |
Market Cap | ₹1,122.4 Cr | |
Earnings-TTM | ₹24.2 Cr | TTM-Standalone Results |
Price/Earnings | 46.44x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of DHANLAXMI BANK
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,122.4 Cr] as on Dec 26,2024
(/) Earnings [ ₹24.2 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 46.44x ]
Thus, for DHANLAXMI BANK , the investors are currently willing to pay 46.44 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 DHANLAXMI BANK !
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 DHANLAXMI BANK over the last five years.
Historical PE (Price/Earnings) ratio chart of DHANLAXMI BANK
PE Ratio Performance Analysis for DHANLAXMI BANK
- DHANLAXMI BANK 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 9.48x.
- DHANLAXMI BANK 's operated at median p/e ratio of 8.73x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, DHANLAXMI BANK 's p/e ratio peaked in Mar2024 at 18.05x.
- DHANLAXMI BANK 's p/e ratio hit its five-year low in Mar2020 of 3.1x.
How does DHANLAXMI BANK 's P/E Ratio benchmark against top 10 peers in Bank - Private Industry?
Peer Comparison (Bank - Private Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
DHANLAXMI BANK | 24.17 | 46.44 | 1,122.4 |
HDFC BANK LTD | 71,546.40 | 19.15 | 1,370,280.0 |
ICICI BANK LTD | 49,494.70 | 18.53 | 916,957.0 |
KOTAK MAHINDRA BANK LTD | 21,841.80 | 15.97 | 348,716.0 |
AXIS BANK LTD | 27,965.80 | 11.92 | 333,311.0 |
INDUSIND BANK LTD | 8,152.48 | 8.91 | 72,619.3 |
IDBI BANK LTD | 6,723.78 | 12.27 | 82,470.9 |
YES BANK LTD | 1,792.47 | 34.65 | 62,106.1 |
IDFC FIRST BANK LTD | 2,318.57 | 19.50 | 45,221.9 |
AU SMALL FINANCE BANK LTD | 1,819.77 | 22.42 | 40,793.4 |
THE FEDERAL BANK LTD | 4,180.11 | 11.61 | 48,534.7 |
Bank - Private Industry Benchmark (Top 10) PE Analysis vs DHANLAXMI BANK 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 8.91x |
Max industry PE | 46.44x |
Median industry PE | 18.53x |
Average industry PE | 20.12x |
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