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COMFORT INTECH
PE (Price/Earnings) Ratio

The Current P/E Ratio of COMFORT INTECH is 50.37.

Share Price ₹9.9Apr 30,2024
Market Cap ₹317.7 Cr
Earnings-TTM₹6.3 CrTTM-Consolidated Results
Price/Earnings50.37xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of COMFORT INTECH

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 COMFORT INTECH is calculated as :

Current Market Cap [ ₹317.7 Cr] as on Apr 30,2024

(/) Earnings [ ₹6.3 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 50.37x ]

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

Thus, for COMFORT INTECH , the investors are currently willing to pay 50.37 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 COMFORT INTECH !

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 COMFORT INTECH over the last five years.

Historical PE (Price/Earnings) ratio chart of COMFORT INTECH


PE Ratio Performance Analysis for COMFORT INTECH

- COMFORT INTECH 's latest p/e ratio is 50.37x.

- COMFORT INTECH 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.32x.

- COMFORT INTECH 's operated at median p/e ratio of 0.92x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, COMFORT INTECH 's p/e ratio peaked in Mar2019 at 19.14x.

- COMFORT INTECH 's p/e ratio hit its five-year low in Mar2020 of 0x.


How does COMFORT INTECH 's P/E Ratio benchmark against top 10 peers in Finance - NBFC Industry?

Peer Comparison (Finance - NBFC Industry)Earnings-TTM (Cr)PE RatioMarket Cap
COMFORT INTECH 6.3150.37317.7
BAJAJ FINANCE LTD14,443.5029.54426,601.0
BAJAJ HOLDINGS & INVESTMENT LTD1,409.6164.0790,313.6
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD3,410.7432.06109,340.0
SHRIRAM FINANCE LTD7,391.1112.9695,776.4
SBI CARDS AND PAYMENT SERVICES LTD2,407.7428.7669,240.2
MUTHOOT FINANCE LTD4,294.5816.0668,987.2
ADITYA BIRLA CAPITAL LTD2,561.5723.6160,479.1
SUNDARAM FINANCE LTD1,444.9836.4952,723.8
L&T FINANCE HOLDINGS LTD2,317.1317.9141,505.6
POONAWALLA FINCORP LTD1,651.5122.9737,941.9

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

Top 10 Industry PeersPE Ratio
Min industry PE 12.96x
Max industry PE 64.07x
Median industry PE 28.76x
Average industry PE 30.44x



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