GIC HOUSING FINANCE
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The Current P/E Ratio of GIC HOUSING FINANCE is 6.68.
Share Price | ₹204.3 | Nov 22,2024 |
Market Cap | ₹1,100.9 Cr | |
Earnings-TTM | ₹164.8 Cr | TTM-Consolidated Results |
Price/Earnings | 6.68x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of GIC HOUSING FINANCE
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,100.9 Cr] as on Nov 22,2024
(/) Earnings [ ₹164.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 6.68x ]
Thus, for GIC HOUSING FINANCE , the investors are currently willing to pay 6.68 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 GIC HOUSING FINANCE !
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 GIC HOUSING FINANCE over the last five years.
Historical PE (Price/Earnings) ratio chart of GIC HOUSING FINANCE
PE Ratio Performance Analysis for GIC HOUSING FINANCE
- GIC HOUSING FINANCE 's p/e ratio for fiscal years ending Mar2024 to Mar2022 averaged 5.05x.
- GIC HOUSING FINANCE 's operated at median p/e ratio of 4.07x from fiscal years ending March 2018 to 2022.
- Looking back at the last 3 fiscal years, GIC HOUSING FINANCE 's p/e ratio peaked in Mar2024 at 7.17x.
- GIC HOUSING FINANCE 's p/e ratio hit its five-year low in Mar2023 of 3.91x.
How does GIC HOUSING FINANCE 's P/E Ratio benchmark against top 10 peers in Finance - Housing Industry?
Peer Comparison (Finance - Housing Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
GIC HOUSING FINANCE | 164.83 | 6.68 | 1,100.9 |
HOUSING & URBAN DEVELOPMENT CORPORATION LTD | 2,465.72 | 16.70 | 41,169.1 |
LIC HOUSING FINANCE LTD | 4,879.25 | 6.96 | 33,971.9 |
PNB HOUSING FINANCE LTD | 1,680.18 | 13.19 | 22,159.4 |
APTUS VALUE HOUSING FINANCE INDIA LTD | 675.34 | 23.35 | 15,771.9 |
INDIABULLS HOUSING FINANCE LTD | -1,811.15 | -6.41 | 11,606.4 |
AAVAS FINANCIERS LTD | 490.69 | 26.41 | 12,957.4 |
CAN FIN HOMES LTD | 820.30 | 13.67 | 11,215.6 |
HOME FIRST FINANCE COMPANY INDIA LTD | 342.28 | 28.34 | 9,701.8 |
INDIA SHELTER FINANCE CORPORATION LTD | 313.85 | 21.75 | 6,827.5 |
REPCO HOME FINANCE LTD | 421.67 | 6.66 | 2,807.8 |
Finance - Housing Industry Benchmark (Top 10) PE Analysis vs GIC HOUSING FINANCE 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -6.41x |
Max industry PE | 28.34x |
Median industry PE | 13.67x |
Average industry PE | 14.30x |
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