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FUTURISTIC SOLUTIONS
PE (Price/Earnings) Ratio

The Current P/E Ratio of FUTURISTIC SOLUTIONS is 59.37.

Share Price ₹70.0Nov 19,2024
Market Cap ₹73.5 Cr
Earnings-TTM₹1.2 CrTTM-Standalone Results
Price/Earnings59.37xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of FUTURISTIC SOLUTIONS

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 FUTURISTIC SOLUTIONS is calculated as :

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 ]

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

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 latest p/e ratio is 59.37x.

- 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 RatioMarket Cap
FUTURISTIC SOLUTIONS 1.2459.3773.5
BAJAJ FINANCE LTD15,378.6026.61409,292.0
BAJAJ HOLDINGS & INVESTMENT LTD1,493.1078.51117,222.0
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD3,834.9027.08103,834.0
SHRIRAM FINANCE LTD7,942.5513.37106,209.0
SBI CARDS AND PAYMENT SERVICES LTD2,210.3229.4265,035.9
MUTHOOT FINANCE LTD4,844.4715.7276,159.7
ADITYA BIRLA CAPITAL LTD3,494.5513.7648,081.1
SUNDARAM FINANCE LTD1,594.9128.5245,482.0
L&T FINANCE HOLDINGS LTD2,574.3213.5434,857.4
POONAWALLA FINCORP LTD417.4466.7027,845.1

Finance - NBFC Industry Benchmark (Top 10) PE Analysis vs FUTURISTIC SOLUTIONS 's P/E Ratio

Top 10 Industry PeersPE 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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