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BAJAJ FINANCE
PE (Price/Earnings) Ratio

The Current P/E Ratio of BAJAJ FINANCE is 32.97.

Share Price ₹7,327.7Apr 24,2024
Market Cap ₹454,317.4 Cr
Earnings-TTM₹13,778.2 CrTTM-Consolidated Results
Price/Earnings32.97xCalculated 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 [ ₹454,317.4 Cr] as on Apr 24,2024

(/) Earnings [ ₹13,778.2 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 32.97x ]

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 32.97 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 32.97x.

- BAJAJ FINANCE 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 46.17x.

- BAJAJ FINANCE 's operated at median p/e ratio of 43.68x 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 13,778.2032.97454,317.4
BAJAJ HOLDINGS & INVESTMENT LTD293.37311.7391,452.1
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD3,216.9130.5398,207.9
SHRIRAM FINANCE LTD6,657.8213.8992,475.1
SBI CARDS AND PAYMENT SERVICES LTD2,341.8430.4571,303.8
MUTHOOT FINANCE LTD4,294.5815.3665,950.1
ADITYA BIRLA CAPITAL LTD2,561.5721.9656,262.7
SUNDARAM FINANCE LTD1,444.9836.3552,522.7
L&T FINANCE HOLDINGS LTD2,181.0419.0541,540.4
POONAWALLA FINCORP LTD1,500.1825.4438,170.4
MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD1,894.2416.8331,876.7

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

Top 10 Industry PeersPE Ratio
Min industry PE 13.89x
Max industry PE 311.73x
Median industry PE 25.44x
Average industry PE 50.41x



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