ABANS HOLDINGS
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The Current P/E Ratio of ABANS HOLDINGS is 23.83.
Share Price | ₹424.4 | May 21,2024 |
Market Cap | ₹2,126.2 Cr | |
Earnings-TTM | ₹89.2 Cr | TTM-Consolidated Results |
Price/Earnings | 23.83x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of ABANS HOLDINGS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹2,126.2 Cr] as on May 21,2024
(/) Earnings [ ₹89.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 23.83x ]
Thus, for ABANS HOLDINGS , the investors are currently willing to pay 23.83 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 ABANS HOLDINGS !
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 ABANS HOLDINGS over the last five years.
Historical PE (Price/Earnings) ratio chart of ABANS HOLDINGS
PE Ratio Performance Analysis for ABANS HOLDINGS
- ABANS HOLDINGS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.27x.
- ABANS HOLDINGS '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, ABANS HOLDINGS 's p/e ratio peaked in Mar2023 at 16.34x.
- ABANS HOLDINGS 's p/e ratio hit its five-year low in Mar2022 of 0x.
How does ABANS HOLDINGS '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 |
---|---|---|---|
ABANS HOLDINGS | 89.24 | 23.83 | 2,126.2 |
BAJAJ FINANCE LTD | 14,443.50 | 28.97 | 418,371.0 |
BAJAJ HOLDINGS & INVESTMENT LTD | 1,409.61 | 64.33 | 90,681.4 |
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD | 3,410.74 | 31.82 | 108,514.0 |
SHRIRAM FINANCE LTD | 7,391.11 | 12.07 | 89,226.8 |
SBI CARDS AND PAYMENT SERVICES LTD | 2,407.74 | 28.04 | 67,519.0 |
MUTHOOT FINANCE LTD | 4,294.58 | 15.91 | 68,346.8 |
ADITYA BIRLA CAPITAL LTD | 3,134.98 | 18.69 | 58,581.3 |
SUNDARAM FINANCE LTD | 1,444.98 | 35.87 | 51,829.4 |
L&T FINANCE HOLDINGS LTD | 2,317.13 | 17.06 | 39,526.2 |
POONAWALLA FINCORP LTD | 1,651.51 | 21.49 | 35,499.2 |
Finance - NBFC Industry Benchmark (Top 10) PE Analysis vs ABANS HOLDINGS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 12.07x |
Max industry PE | 64.33x |
Median industry PE | 23.83x |
Average industry PE | 27.10x |
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