RELIANCE HOME FINANCE
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The Current P/E Ratio of RELIANCE HOME FINANCE is -19.60.
Share Price | ₹4.2 | Dec 27,2024 |
Market Cap | ₹204.2 Cr | |
Earnings-TTM | ₹-10.4 Cr | TTM-Standalone Results |
Price/Earnings | -19.60x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of RELIANCE HOME FINANCE
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹204.2 Cr] as on Dec 27,2024
(/) Earnings [ ₹-10.4 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ -19.60x ]
Thus, for RELIANCE HOME FINANCE , the investors are currently willing to pay -19.60 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 RELIANCE HOME 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 RELIANCE HOME FINANCE over the last five years.
Historical PE (Price/Earnings) ratio chart of RELIANCE HOME FINANCE
PE Ratio Performance Analysis for RELIANCE HOME FINANCE
- RELIANCE HOME FINANCE 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.13x.
- RELIANCE HOME FINANCE '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, RELIANCE HOME FINANCE 's p/e ratio peaked in Mar2019 at 20.65x.
- RELIANCE HOME FINANCE 's p/e ratio hit its five-year low in Mar2022 of 0x.
How does RELIANCE HOME 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 |
---|---|---|---|
RELIANCE HOME FINANCE | -10.42 | -19.60 | 204.2 |
HOUSING & URBAN DEVELOPMENT CORPORATION LTD | 2,465.72 | 18.42 | 45,423.1 |
LIC HOUSING FINANCE LTD | 4,879.25 | 6.72 | 32,808.5 |
PNB HOUSING FINANCE LTD | 1,680.18 | 13.16 | 22,111.1 |
APTUS VALUE HOUSING FINANCE INDIA LTD | 675.34 | 22.35 | 15,091.9 |
INDIABULLS HOUSING FINANCE LTD | -1,811.15 | -6.33 | 11,464.9 |
AAVAS FINANCIERS LTD | 490.69 | 26.79 | 13,146.6 |
CAN FIN HOMES LTD | 820.30 | 12.16 | 9,978.6 |
HOME FIRST FINANCE COMPANY INDIA LTD | 342.28 | 26.97 | 9,232.1 |
INDIA SHELTER FINANCE CORPORATION LTD | 313.85 | 24.15 | 7,580.1 |
REPCO HOME FINANCE LTD | 421.67 | 6.10 | 2,571.6 |
Finance - Housing Industry Benchmark (Top 10) PE Analysis vs RELIANCE HOME FINANCE 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -19.60x |
Max industry PE | 26.97x |
Median industry PE | 13.16x |
Average industry PE | 11.90x |
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