FUTURISTIC SOLUTIONS
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The Current P/E Ratio of FUTURISTIC SOLUTIONS is 59.37.
Share Price | ₹70.0 | Nov 19,2024 |
Market Cap | ₹73.5 Cr | |
Earnings-TTM | ₹1.2 Cr | TTM-Standalone Results |
Price/Earnings | 59.37x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of FUTURISTIC SOLUTIONS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹73.5 Cr] as on Nov 19,2024
(/) Earnings [ ₹1.2 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 59.37x ]
Thus, for FUTURISTIC SOLUTIONS , the investors are currently willing to pay 59.37 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 FUTURISTIC SOLUTIONS !
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 FUTURISTIC SOLUTIONS over the last five years.
Historical PE (Price/Earnings) ratio chart of FUTURISTIC SOLUTIONS
PE Ratio Performance Analysis for FUTURISTIC SOLUTIONS
- FUTURISTIC SOLUTIONS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 19.96x.
- FUTURISTIC SOLUTIONS 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, FUTURISTIC SOLUTIONS 's p/e ratio peaked in Mar2024 at 87.85x.
- FUTURISTIC SOLUTIONS 's p/e ratio hit its five-year low in Mar2022 of 0x.
How does FUTURISTIC SOLUTIONS '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 |
---|---|---|---|
FUTURISTIC SOLUTIONS | 1.24 | 59.37 | 73.5 |
BAJAJ FINANCE LTD | 15,378.60 | 26.61 | 409,292.0 |
BAJAJ HOLDINGS & INVESTMENT LTD | 1,493.10 | 78.51 | 117,222.0 |
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD | 3,834.90 | 27.08 | 103,834.0 |
SHRIRAM FINANCE LTD | 7,942.55 | 13.37 | 106,209.0 |
SBI CARDS AND PAYMENT SERVICES LTD | 2,210.32 | 29.42 | 65,035.9 |
MUTHOOT FINANCE LTD | 4,844.47 | 15.72 | 76,159.7 |
ADITYA BIRLA CAPITAL LTD | 3,494.55 | 13.76 | 48,081.1 |
SUNDARAM FINANCE LTD | 1,594.91 | 28.52 | 45,482.0 |
L&T FINANCE HOLDINGS LTD | 2,574.32 | 13.54 | 34,857.4 |
POONAWALLA FINCORP LTD | 417.44 | 66.70 | 27,845.1 |
Finance - NBFC Industry Benchmark (Top 10) PE Analysis vs FUTURISTIC SOLUTIONS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 13.37x |
Max industry PE | 78.51x |
Median industry PE | 27.08x |
Average industry PE | 33.87x |
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