BAJAJ FINANCE
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The Current P/E Ratio of BAJAJ FINANCE is 27.59.
Share Price | ₹6,844.5 | Nov 04,2024 |
Market Cap | ₹424,355.9 Cr | |
Earnings-TTM | ₹15,378.6 Cr | TTM-Consolidated Results |
Price/Earnings | 27.59x | 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 [ ₹424,355.9 Cr] as on Nov 04,2024
(/) Earnings [ ₹15,378.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 27.59x ]
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 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 Ratio | Market Cap |
---|---|---|---|
BAJAJ FINANCE | 15,378.60 | 27.59 | 424,355.9 |
BAJAJ HOLDINGS & INVESTMENT LTD | 1,493.10 | 79.50 | 118,697.0 |
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD | 3,834.90 | 27.42 | 105,148.0 |
SHRIRAM FINANCE LTD | 7,942.55 | 14.90 | 118,383.0 |
SBI CARDS AND PAYMENT SERVICES LTD | 2,210.32 | 29.64 | 65,511.6 |
MUTHOOT FINANCE LTD | 4,618.54 | 16.52 | 76,296.2 |
ADITYA BIRLA CAPITAL LTD | 3,494.55 | 14.84 | 51,858.8 |
SUNDARAM FINANCE LTD | 1,516.80 | 36.39 | 55,201.4 |
L&T FINANCE HOLDINGS LTD | 2,574.32 | 13.84 | 35,630.6 |
POONAWALLA FINCORP LTD | 417.44 | 70.08 | 29,252.9 |
MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD | 2,118.98 | 15.96 | 33,816.4 |
Finance - NBFC Industry Benchmark (Top 10) PE Analysis vs BAJAJ FINANCE 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 13.84x |
Max industry PE | 79.50x |
Median industry PE | 27.42x |
Average industry PE | 31.52x |
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