BAJAJ FINANCE
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The Current P/E Ratio of BAJAJ FINANCE is 32.97.
Share Price | ₹7,327.7 | Apr 24,2024 |
Market Cap | ₹454,317.4 Cr | |
Earnings-TTM | ₹13,778.2 Cr | TTM-Consolidated Results |
Price/Earnings | 32.97x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of BAJAJ FINANCE
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
BAJAJ FINANCE | 13,778.20 | 32.97 | 454,317.4 |
BAJAJ HOLDINGS & INVESTMENT LTD | 293.37 | 311.73 | 91,452.1 |
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD | 3,216.91 | 30.53 | 98,207.9 |
SHRIRAM FINANCE LTD | 6,657.82 | 13.89 | 92,475.1 |
SBI CARDS AND PAYMENT SERVICES LTD | 2,341.84 | 30.45 | 71,303.8 |
MUTHOOT FINANCE LTD | 4,294.58 | 15.36 | 65,950.1 |
ADITYA BIRLA CAPITAL LTD | 2,561.57 | 21.96 | 56,262.7 |
SUNDARAM FINANCE LTD | 1,444.98 | 36.35 | 52,522.7 |
L&T FINANCE HOLDINGS LTD | 2,181.04 | 19.05 | 41,540.4 |
POONAWALLA FINCORP LTD | 1,500.18 | 25.44 | 38,170.4 |
MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD | 1,894.24 | 16.83 | 31,876.7 |
Finance - NBFC Industry Benchmark (Top 10) PE Analysis vs BAJAJ FINANCE 's P/E Ratio
Top 10 Industry Peers | PE 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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