DHANLAXMI BANK
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The Current P/E Ratio of DHANLAXMI BANK is 38.71.
Share Price | ₹37.0 | Dec 11,2024 |
Market Cap | ₹935.6 Cr | |
Earnings-TTM | ₹24.2 Cr | TTM-Standalone Results |
Price/Earnings | 38.71x | 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 [ ₹935.6 Cr] as on Dec 11,2024
(/) Earnings [ ₹24.2 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 38.71x ]
Thus, for DHANLAXMI BANK , the investors are currently willing to pay 38.71 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 | 38.71 | 935.6 |
HDFC BANK LTD | 71,546.40 | 19.91 | 1,424,770.0 |
ICICI BANK LTD | 49,494.70 | 18.94 | 937,450.0 |
KOTAK MAHINDRA BANK LTD | 21,841.80 | 16.33 | 356,756.0 |
AXIS BANK LTD | 27,965.80 | 12.70 | 355,129.0 |
INDUSIND BANK LTD | 8,152.48 | 9.41 | 76,731.9 |
IDBI BANK LTD | 6,723.78 | 13.45 | 90,438.5 |
YES BANK LTD | 1,792.47 | 37.74 | 67,653.0 |
IDFC FIRST BANK LTD | 2,318.57 | 20.59 | 47,732.6 |
AU SMALL FINANCE BANK LTD | 1,819.77 | 24.13 | 43,907.6 |
THE FEDERAL BANK LTD | 4,180.11 | 12.60 | 52,655.0 |
Bank - Private Industry Benchmark (Top 10) PE Analysis vs DHANLAXMI BANK 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 9.41x |
Max industry PE | 38.71x |
Median industry PE | 18.94x |
Average industry PE | 20.41x |
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