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NIYOGIN FINTECH
PE (Price/Earnings) Ratio

The Current P/E Ratio of NIYOGIN FINTECH is -20.40.

Share Price ₹60.1Sep 06,2024
Market Cap ₹572.2 Cr
Earnings-TTM₹-28.0 CrTTM-Consolidated Results
Price/Earnings-20.40xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of NIYOGIN FINTECH

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 NIYOGIN FINTECH is calculated as :

Current Market Cap [ ₹572.2 Cr] as on Sep 06,2024

(/) Earnings [ ₹-28.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -20.40x ]

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

Thus, for NIYOGIN FINTECH , the investors are currently willing to pay -20.40 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 NIYOGIN FINTECH !

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 NIYOGIN FINTECH over the last five years.

Historical PE (Price/Earnings) ratio chart of NIYOGIN FINTECH


PE Ratio Performance Analysis for NIYOGIN FINTECH

- NIYOGIN FINTECH 's latest p/e ratio is -20.40x.

- NIYOGIN FINTECH 's p/e ratio for fiscal years ending Mar2023 to Mar2020 averaged 0.00x.

- NIYOGIN FINTECH 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 4 fiscal years, NIYOGIN FINTECH 's p/e ratio peaked in Mar2023 at 0x.

- NIYOGIN FINTECH 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does NIYOGIN FINTECH 's P/E Ratio benchmark against top 10 peers in Finance - Investment Industry?

Peer Comparison (Finance - Investment Industry)Earnings-TTM (Cr)PE RatioMarket Cap
NIYOGIN FINTECH -28.05-20.40572.2
BAJAJ FINSERV LTD16,087.5018.43296,460.0
CHOLAMANDALAM FINANCIAL HOLDINGS LTD4,202.358.1134,084.4
CAPRI GLOBAL CAPITAL LTD291.5260.3017,579.5
AUTHUM INVESTMENT & INFRASTRUCTURE LTD5,174.925.3927,917.4
IIFL FINANCE LTD1,839.5010.7619,795.1
KAMA HOLDINGS LTD1,428.276.158,783.4
JSW HOLDINGS LTD119.3969.538,301.5
RELIGARE ENTERPRISES LTD281.7032.469,144.2
JM FINANCIAL LTD38.00313.0111,894.4
SUNDARAM FINANCE HOLDINGS LTD220.0239.848,766.4

Finance - Investment Industry Benchmark (Top 10) PE Analysis vs NIYOGIN FINTECH 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -20.40x
Max industry PE 313.01x
Median industry PE 18.43x
Average industry PE 49.42x



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