PIRAMAL ENTERPRISES
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The Current P/E Ratio of PIRAMAL ENTERPRISES is -12.29.
Share Price | ₹1,089.9 | Dec 24,2024 |
Market Cap | ₹24,576.1 Cr | |
Earnings-TTM | ₹-1,999.9 Cr | TTM-Consolidated Results |
Price/Earnings | -12.29x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of PIRAMAL ENTERPRISES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹24,576.1 Cr] as on Dec 24,2024
(/) Earnings [ ₹-1,999.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -12.29x ]
Thus, for PIRAMAL ENTERPRISES , the investors are currently willing to pay -12.29 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 PIRAMAL ENTERPRISES !
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 PIRAMAL ENTERPRISES over the last five years.
Historical PE (Price/Earnings) ratio chart of PIRAMAL ENTERPRISES
PE Ratio Performance Analysis for PIRAMAL ENTERPRISES
- PIRAMAL ENTERPRISES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 187.92x.
- PIRAMAL ENTERPRISES 's operated at median p/e ratio of 27.14x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PIRAMAL ENTERPRISES 's p/e ratio peaked in Mar2020 at 881.17x.
- PIRAMAL ENTERPRISES 's p/e ratio hit its five-year low in Mar2024 of 0x.
How does PIRAMAL ENTERPRISES '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 |
---|---|---|---|
PIRAMAL ENTERPRISES | -1,999.88 | -12.29 | 24,576.1 |
BAJAJ FINANCE LTD | 15,378.60 | 27.44 | 421,948.0 |
BAJAJ HOLDINGS & INVESTMENT LTD | 1,493.10 | 82.31 | 122,899.0 |
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD | 3,834.90 | 26.00 | 99,695.6 |
SHRIRAM FINANCE LTD | 7,942.55 | 13.64 | 108,331.0 |
SBI CARDS AND PAYMENT SERVICES LTD | 2,210.32 | 29.93 | 66,161.8 |
MUTHOOT FINANCE LTD | 4,844.47 | 16.85 | 81,643.7 |
ADITYA BIRLA CAPITAL LTD | 3,494.55 | 13.89 | 48,544.9 |
SUNDARAM FINANCE LTD | 1,594.91 | 30.65 | 48,887.9 |
L&T FINANCE HOLDINGS LTD | 2,574.32 | 13.44 | 34,595.5 |
POONAWALLA FINCORP LTD | 417.44 | 59.98 | 25,037.7 |
Finance - NBFC Industry Benchmark (Top 10) PE Analysis vs PIRAMAL ENTERPRISES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -12.29x |
Max industry PE | 82.31x |
Median industry PE | 26.00x |
Average industry PE | 27.44x |
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