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ABANS HOLDINGS
PE (Price/Earnings) Ratio

The Current P/E Ratio of ABANS HOLDINGS is 23.83.

Share Price ₹424.4May 21,2024
Market Cap ₹2,126.2 Cr
Earnings-TTM₹89.2 CrTTM-Consolidated Results
Price/Earnings23.83xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ABANS HOLDINGS

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 ABANS HOLDINGS is calculated as :

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 ]

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

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 latest p/e ratio is 23.83x.

- 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 RatioMarket Cap
ABANS HOLDINGS 89.2423.832,126.2
BAJAJ FINANCE LTD14,443.5028.97418,371.0
BAJAJ HOLDINGS & INVESTMENT LTD1,409.6164.3390,681.4
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD3,410.7431.82108,514.0
SHRIRAM FINANCE LTD7,391.1112.0789,226.8
SBI CARDS AND PAYMENT SERVICES LTD2,407.7428.0467,519.0
MUTHOOT FINANCE LTD4,294.5815.9168,346.8
ADITYA BIRLA CAPITAL LTD3,134.9818.6958,581.3
SUNDARAM FINANCE LTD1,444.9835.8751,829.4
L&T FINANCE HOLDINGS LTD2,317.1317.0639,526.2
POONAWALLA FINCORP LTD1,651.5121.4935,499.2

Finance - NBFC Industry Benchmark (Top 10) PE Analysis vs ABANS HOLDINGS 's P/E Ratio

Top 10 Industry PeersPE 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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