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RELIANCE HOME FINANCE
PE (Price/Earnings) Ratio

The Current P/E Ratio of RELIANCE HOME FINANCE is -19.60.

Share Price ₹4.2Dec 27,2024
Market Cap ₹204.2 Cr
Earnings-TTM₹-10.4 CrTTM-Standalone Results
Price/Earnings-19.60xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of RELIANCE HOME FINANCE

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 RELIANCE HOME FINANCE is calculated as :

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 ]

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

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 latest p/e ratio is -19.60x.

- 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 RatioMarket Cap
RELIANCE HOME FINANCE -10.42-19.60204.2
HOUSING & URBAN DEVELOPMENT CORPORATION LTD2,465.7218.4245,423.1
LIC HOUSING FINANCE LTD4,879.256.7232,808.5
PNB HOUSING FINANCE LTD1,680.1813.1622,111.1
APTUS VALUE HOUSING FINANCE INDIA LTD675.3422.3515,091.9
INDIABULLS HOUSING FINANCE LTD-1,811.15-6.3311,464.9
AAVAS FINANCIERS LTD490.6926.7913,146.6
CAN FIN HOMES LTD820.3012.169,978.6
HOME FIRST FINANCE COMPANY INDIA LTD342.2826.979,232.1
INDIA SHELTER FINANCE CORPORATION LTD313.8524.157,580.1
REPCO HOME FINANCE LTD421.676.102,571.6

Finance - Housing Industry Benchmark (Top 10) PE Analysis vs RELIANCE HOME FINANCE 's P/E Ratio

Top 10 Industry PeersPE 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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