BAJAJ FINSERV
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The Current P/E Ratio of BAJAJ FINSERV is 16.35.
Share Price | ₹1,597.1 | Apr 26,2024 |
Market Cap | ₹254,817.3 Cr | |
Earnings-TTM | ₹15,587.3 Cr | TTM-Consolidated Results |
Price/Earnings | 16.35x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of BAJAJ FINSERV
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹254,817.3 Cr] as on Apr 26,2024
(/) Earnings [ ₹15,587.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 16.35x ]
Thus, for BAJAJ FINSERV , the investors are currently willing to pay 16.35 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 FINSERV !
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 FINSERV over the last five years.
Historical PE (Price/Earnings) ratio chart of BAJAJ FINSERV
PE Ratio Performance Analysis for BAJAJ FINSERV
- BAJAJ FINSERV 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 9.30x.
- BAJAJ FINSERV 's operated at median p/e ratio of 3.48x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BAJAJ FINSERV 's p/e ratio peaked in Mar2023 at 31.43x.
- BAJAJ FINSERV 's p/e ratio hit its five-year low in Mar2020 of 2.17x.
How does BAJAJ FINSERV 's P/E Ratio benchmark against top 10 peers in Finance - Investment Industry?
Peer Comparison (Finance - Investment Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
BAJAJ FINSERV | 15,587.30 | 16.35 | 254,817.3 |
CHOLAMANDALAM FINANCIAL HOLDINGS LTD | 3,612.22 | 5.64 | 20,356.0 |
CAPRI GLOBAL CAPITAL LTD | 261.72 | 70.81 | 18,532.3 |
AUTHUM INVESTMENT & INFRASTRUCTURE LTD | 4,685.40 | 3.09 | 14,495.4 |
IIFL FINANCE LTD | 2,001.12 | 8.79 | 17,597.9 |
KAMA HOLDINGS LTD | 1,481.83 | 5.96 | 8,827.0 |
JSW HOLDINGS LTD | 116.59 | 65.40 | 7,624.3 |
RELIGARE ENTERPRISES LTD | 3,683.54 | 1.95 | 7,199.2 |
JM FINANCIAL LTD | 734.95 | 10.65 | 7,825.4 |
SUNDARAM FINANCE HOLDINGS LTD | 36.45 | 147.39 | 5,372.7 |
IIFL SECURITIES LTD | 419.18 | 10.32 | 4,325.5 |
Finance - Investment Industry Benchmark (Top 10) PE Analysis vs BAJAJ FINSERV 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 1.95x |
Max industry PE | 147.39x |
Median industry PE | 10.32x |
Average industry PE | 31.49x |
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