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BAJAJ FINANCE
PE (Price/Earnings) Ratio

The Current P/E Ratio of BAJAJ FINANCE is 28.89.

Share Price ₹6,729.9Apr 26,2024
Market Cap ₹417,250.7 Cr
Earnings-TTM₹14,443.5 CrTTM-Consolidated Results
Price/Earnings28.89xCalculated 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 [ ₹417,250.7 Cr] as on Apr 26,2024

(/) Earnings [ ₹14,443.5 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 28.89x ]

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 28.89 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 28.89x.

- 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 14,443.5028.89417,250.7
BAJAJ HOLDINGS & INVESTMENT LTD293.37309.1890,704.2
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD3,216.9130.6198,469.6
SHRIRAM FINANCE LTD7,391.1112.7294,023.4
SBI CARDS AND PAYMENT SERVICES LTD2,341.8430.4771,360.9
MUTHOOT FINANCE LTD4,294.5815.7867,750.7
ADITYA BIRLA CAPITAL LTD2,561.5723.4760,128.0
SUNDARAM FINANCE LTD1,444.9836.8853,292.1
L&T FINANCE HOLDINGS LTD2,181.0418.6940,756.4
POONAWALLA FINCORP LTD1,500.1825.0337,554.6
MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD1,894.2416.8631,944.6

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

Top 10 Industry PeersPE Ratio
Min industry PE 12.72x
Max industry PE 309.18x
Median industry PE 25.03x
Average industry PE 49.87x



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