ANAND RATHI WEALTH
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The Current P/E Ratio of ANAND RATHI WEALTH is 73.99.
Share Price | ₹3,997.4 | May 03,2024 |
Market Cap | ₹16,708.9 Cr | |
Earnings-TTM | ₹225.8 Cr | TTM-Consolidated Results |
Price/Earnings | 73.99x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ANAND RATHI WEALTH
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹16,708.9 Cr] as on May 03,2024
(/) Earnings [ ₹225.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 73.99x ]
Thus, for ANAND RATHI WEALTH , the investors are currently willing to pay 73.99 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 ANAND RATHI WEALTH !
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 ANAND RATHI WEALTH over the last five years.
Historical PE (Price/Earnings) ratio chart of ANAND RATHI WEALTH
PE Ratio Performance Analysis for ANAND RATHI WEALTH
- ANAND RATHI WEALTH 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 7.98x.
- ANAND RATHI WEALTH '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, ANAND RATHI WEALTH 's p/e ratio peaked in Mar2023 at 19.99x.
- ANAND RATHI WEALTH 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does ANAND RATHI WEALTH 's P/E Ratio benchmark against top 10 peers in Finance - Others Industry?
Peer Comparison (Finance - Others Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
ANAND RATHI WEALTH | 225.82 | 73.99 | 16,708.9 |
MAX FINANCIAL SERVICES LTD | 495.11 | 69.77 | 34,544.3 |
BSE LTD | 696.79 | 55.39 | 38,592.4 |
360 ONE WAM LTD | 804.21 | 35.36 | 28,437.6 |
NUVAMA WEALTH MANAGEMENT LTD | 38.55 | 479.17 | 18,471.9 |
PRUDENT CORPORATE ADVISORY SERVICES LTD | 135.41 | 49.88 | 6,754.3 |
DELPHI WORLD MONEY LTD | 16.92 | 15.10 | 255.4 |
CASPIAN CORPORATE SERVICES LTD | 3.64 | 59.28 | 215.9 |
Finance - Others Industry Benchmark (Top 10) PE Analysis vs ANAND RATHI WEALTH 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 15.10x |
Max industry PE | 479.17x |
Median industry PE | 59.28x |
Average industry PE | 104.74x |
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