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PIRAMAL ENTERPRISES
PE (Price/Earnings) Ratio

The Current P/E Ratio of PIRAMAL ENTERPRISES is -12.29.

Share Price ₹1,089.9Dec 24,2024
Market Cap ₹24,576.1 Cr
Earnings-TTM₹-1,999.9 CrTTM-Consolidated Results
Price/Earnings-12.29xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of PIRAMAL ENTERPRISES

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 PIRAMAL ENTERPRISES is calculated as :

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 ]

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

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 latest p/e ratio is -12.29x.

- 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 RatioMarket Cap
PIRAMAL ENTERPRISES -1,999.88-12.2924,576.1
BAJAJ FINANCE LTD15,378.6027.44421,948.0
BAJAJ HOLDINGS & INVESTMENT LTD1,493.1082.31122,899.0
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD3,834.9026.0099,695.6
SHRIRAM FINANCE LTD7,942.5513.64108,331.0
SBI CARDS AND PAYMENT SERVICES LTD2,210.3229.9366,161.8
MUTHOOT FINANCE LTD4,844.4716.8581,643.7
ADITYA BIRLA CAPITAL LTD3,494.5513.8948,544.9
SUNDARAM FINANCE LTD1,594.9130.6548,887.9
L&T FINANCE HOLDINGS LTD2,574.3213.4434,595.5
POONAWALLA FINCORP LTD417.4459.9825,037.7

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

Top 10 Industry PeersPE 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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