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BAJAJ FINANCE
PE (Price/Earnings) Ratio

The Current P/E Ratio of BAJAJ FINANCE is 27.59.

Share Price ₹6,844.5Nov 04,2024
Market Cap ₹424,355.9 Cr
Earnings-TTM₹15,378.6 CrTTM-Consolidated Results
Price/Earnings27.59xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of BAJAJ FINANCE

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 BAJAJ FINANCE is calculated as :

Current Market Cap [ ₹424,355.9 Cr] as on Nov 04,2024

(/) Earnings [ ₹15,378.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 27.59x ]

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

Thus, for BAJAJ FINANCE , the investors are currently willing to pay 27.59 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 BAJAJ 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 BAJAJ FINANCE over the last five years.

Historical PE (Price/Earnings) ratio chart of BAJAJ FINANCE


PE Ratio Performance Analysis for BAJAJ FINANCE

- BAJAJ FINANCE 's latest p/e ratio is 27.59x.

- BAJAJ FINANCE 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 43.62x.

- BAJAJ FINANCE 's operated at median p/e ratio of 30.96x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BAJAJ FINANCE 's p/e ratio peaked in Mar2021 at 70.08x.

- BAJAJ FINANCE 's p/e ratio hit its five-year low in Mar2020 of 25.26x.


How does BAJAJ FINANCE 's P/E Ratio benchmark against top 10 peers in Finance - NBFC Industry?

Peer Comparison (Finance - NBFC Industry)Earnings-TTM (Cr)PE RatioMarket Cap
BAJAJ FINANCE 15,378.6027.59424,355.9
BAJAJ HOLDINGS & INVESTMENT LTD1,493.1079.50118,697.0
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD3,834.9027.42105,148.0
SHRIRAM FINANCE LTD7,942.5514.90118,383.0
SBI CARDS AND PAYMENT SERVICES LTD2,210.3229.6465,511.6
MUTHOOT FINANCE LTD4,618.5416.5276,296.2
ADITYA BIRLA CAPITAL LTD3,494.5514.8451,858.8
SUNDARAM FINANCE LTD1,516.8036.3955,201.4
L&T FINANCE HOLDINGS LTD2,574.3213.8435,630.6
POONAWALLA FINCORP LTD417.4470.0829,252.9
MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD2,118.9815.9633,816.4

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

Top 10 Industry PeersPE Ratio
Min industry PE 13.84x
Max industry PE 79.50x
Median industry PE 27.42x
Average industry PE 31.52x



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