DHANLAXMI BANK
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The Current P/E Ratio of DHANLAXMI BANK is 29.33.
Share Price | ₹30.4 | Apr 03,2025 |
Market Cap | ₹1,201.5 Cr | |
Earnings-TTM | ₹41.0 Cr | TTM-Standalone Results |
Price/Earnings | 29.33x | Calculated as Market Cap/Earnings |
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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 [ ₹1,201.5 Cr] as on Apr 03,2025
(/) Earnings [ ₹41.0 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 29.33x ]
Thus, for DHANLAXMI BANK , the investors are currently willing to pay 29.33 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 | 40.97 | 29.33 | 1,201.5 |
HDFC BANK LTD | 72,168.50 | 19.02 | 1,372,580.0 |
ICICI BANK LTD | 52,068.10 | 18.19 | 947,089.0 |
KOTAK MAHINDRA BANK LTD | 22,279.10 | 19.03 | 423,869.0 |
AXIS BANK LTD | 28,235.60 | 11.95 | 337,536.0 |
INDUSIND BANK LTD | 7,253.41 | 7.62 | 55,266.1 |
IDBI BANK LTD | 7,172.06 | 12.09 | 86,707.4 |
YES BANK LTD | 2,169.32 | 25.94 | 56,280.6 |
IDFC FIRST BANK LTD | 1,926.65 | 22.94 | 44,196.2 |
THE FEDERAL BANK LTD | 4,065.57 | 11.73 | 47,692.2 |
AU SMALL FINANCE BANK LTD | 1,972.97 | 21.27 | 41,972.9 |
Bank - Private Industry Benchmark (Top 10) PE Analysis vs DHANLAXMI BANK 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 7.62x |
Max industry PE | 29.33x |
Median industry PE | 19.02x |
Average industry PE | 18.10x |
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