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CAN FIN HOMES
PE (Price/Earnings) Ratio

The Current P/E Ratio of CAN FIN HOMES is 14.02.

Share Price ₹744.6Apr 24,2024
Market Cap ₹9,918.1 Cr
Earnings-TTM₹707.5 CrTTM-Standalone Results
Price/Earnings14.02xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of CAN FIN HOMES

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 CAN FIN HOMES is calculated as :

Current Market Cap [ ₹9,918.1 Cr] as on Apr 24,2024

(/) Earnings [ ₹707.5 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 14.02x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for CAN FIN HOMES , the investors are currently willing to pay 14.02 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 CAN FIN HOMES !

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 CAN FIN HOMES over the last five years.

Historical PE (Price/Earnings) ratio chart of CAN FIN HOMES


PE Ratio Performance Analysis for CAN FIN HOMES

- CAN FIN HOMES 's latest p/e ratio is 14.02x.

- CAN FIN HOMES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 14.52x.

- CAN FIN HOMES 's operated at median p/e ratio of 15.64x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, CAN FIN HOMES 's p/e ratio peaked in Mar2021 at 17.89x.

- CAN FIN HOMES 's p/e ratio hit its five-year low in Mar2020 of 9.87x.


How does CAN FIN HOMES 's P/E Ratio benchmark against top 10 peers in Finance - Housing Industry?

Peer Comparison (Finance - Housing Industry)Earnings-TTM (Cr)PE RatioMarket Cap
CAN FIN HOMES 707.4714.029,918.1
HOUSING & URBAN DEVELOPMENT CORPORATION LTD2,055.7719.3339,737.7
LIC HOUSING FINANCE LTD4,868.387.6137,030.2
PNB HOUSING FINANCE LTD1,348.0414.9620,171.5
APTUS VALUE HOUSING FINANCE INDIA LTD583.1629.8117,385.0
INDIABULLS HOUSING FINANCE LTD1,157.3810.9712,701.6
AAVAS FINANCIERS LTD475.0427.2812,958.7
HOME FIRST FINANCE COMPANY INDIA LTD286.2827.087,752.7
INDIA SHELTER FINANCE CORPORATION LTD198.7931.226,206.8
REPCO HOME FINANCE LTD368.738.733,220.4
GIC HOUSING FINANCE LTD150.017.841,176.7

Finance - Housing Industry Benchmark (Top 10) PE Analysis vs CAN FIN HOMES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 7.61x
Max industry PE 31.22x
Median industry PE 14.96x
Average industry PE 18.08x



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