SHRIRAM FINANCE
|
The Current P/E Ratio of SHRIRAM FINANCE is 12.05.
Share Price | ₹2,369.8 | May 18,2024 |
Market Cap | ₹89,080.8 Cr | |
Earnings-TTM | ₹7,391.1 Cr | TTM-Consolidated Results |
Price/Earnings | 12.05x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SHRIRAM FINANCE
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹89,080.8 Cr] as on May 18,2024
(/) Earnings [ ₹7,391.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 12.05x ]
Thus, for SHRIRAM FINANCE , the investors are currently willing to pay 12.05 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 SHRIRAM 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 SHRIRAM FINANCE over the last five years.
Historical PE (Price/Earnings) ratio chart of SHRIRAM FINANCE
PE Ratio Performance Analysis for SHRIRAM FINANCE
- SHRIRAM FINANCE 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 10.06x.
- SHRIRAM FINANCE 's operated at median p/e ratio of 10.93x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SHRIRAM FINANCE 's p/e ratio peaked in Mar2021 at 14.4x.
- SHRIRAM FINANCE 's p/e ratio hit its five-year low in Mar2020 of 5.83x.
How does SHRIRAM FINANCE '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 |
---|---|---|---|
SHRIRAM FINANCE | 7,391.11 | 12.05 | 89,080.8 |
BAJAJ FINANCE LTD | 14,443.50 | 28.91 | 417,553.0 |
BAJAJ HOLDINGS & INVESTMENT LTD | 1,409.61 | 65.09 | 91,749.3 |
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD | 3,410.74 | 31.55 | 107,598.0 |
SBI CARDS AND PAYMENT SERVICES LTD | 2,407.74 | 28.22 | 67,946.9 |
MUTHOOT FINANCE LTD | 4,294.58 | 15.92 | 68,372.9 |
ADITYA BIRLA CAPITAL LTD | 3,134.98 | 18.54 | 58,113.2 |
SUNDARAM FINANCE LTD | 1,444.98 | 36.29 | 52,436.6 |
L&T FINANCE HOLDINGS LTD | 2,317.13 | 17.23 | 39,924.6 |
POONAWALLA FINCORP LTD | 1,651.51 | 21.82 | 36,041.4 |
MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD | 1,886.94 | 17.31 | 32,661.2 |
Finance - NBFC Industry Benchmark (Top 10) PE Analysis vs SHRIRAM FINANCE 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 12.05x |
Max industry PE | 65.09x |
Median industry PE | 21.82x |
Average industry PE | 26.63x |
You may also like the below Video Courses