UCO BANK
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The Current P/E Ratio of UCO BANK is 24.00.
Share Price | ₹43.8 | Nov 26,2024 |
Market Cap | ₹52,379.2 Cr | |
Earnings-TTM | ₹2,182.3 Cr | TTM-Consolidated Results |
Price/Earnings | 24.00x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of UCO BANK
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹52,379.2 Cr] as on Nov 26,2024
(/) Earnings [ ₹2,182.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 24.00x ]
Thus, for UCO BANK, the investors are currently willing to pay 24.00 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 UCO BANK!
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 UCO BANK over the last five years.
Historical PE (Price/Earnings) ratio chart of UCO BANK
PE Ratio Performance Analysis for UCO BANK
- UCO BANK's p/e ratio for fiscal years ending Mar2024 to Mar2021 averaged 36.00x.
- UCO BANK's operated at median p/e ratio of 37.35x from fiscal years ending March 2018 to 2022.
- Looking back at the last 4 fiscal years, UCO BANK's p/e ratio peaked in Mar2021 at 74.82x.
- UCO BANK's p/e ratio hit its five-year low in Mar2022 of 15.86x.
How does UCO BANK's P/E Ratio benchmark against top 10 peers in Bank - Public Industry?
Peer Comparison (Bank - Public Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
UCO BANK | 2,182.30 | 24.00 | 52,379.2 |
STATE BANK OF INDIA | 72,919.50 | 10.27 | 749,087.0 |
PUNJAB NATIONAL BANK | 13,501.70 | 8.94 | 120,756.0 |
BANK OF BARODA | 19,799.80 | 6.46 | 127,940.0 |
UNION BANK OF INDIA | 15,243.00 | 6.08 | 92,672.0 |
INDIAN OVERSEAS BANK | 2,962.83 | 33.47 | 99,162.0 |
CANARA BANK | 15,609.00 | 5.92 | 92,339.2 |
INDIAN BANK | 9,553.97 | 7.93 | 75,733.0 |
BANK OF INDIA | 7,527.51 | 6.52 | 49,055.0 |
CENTRAL BANK OF INDIA | 3,346.95 | 14.51 | 48,561.2 |
BANK OF MAHARASHTRA | 4,874.36 | 8.71 | 42,442.0 |
Bank - Public Industry Benchmark (Top 10) PE Analysis vs UCO BANK's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 5.92x |
Max industry PE | 33.47x |
Median industry PE | 8.71x |
Average industry PE | 12.07x |
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