CORAL INDIA FINANCE & HOUSING
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The Current P/E Ratio of CORAL INDIA FINANCE & HOUSING is 8.64.
Share Price | ₹43.0 | Apr 26,2024 |
Market Cap | ₹173.3 Cr | |
Earnings-TTM | ₹20.1 Cr | TTM-Standalone Results |
Price/Earnings | 8.64x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of CORAL INDIA FINANCE & HOUSING
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹173.3 Cr] as on Apr 26,2024
(/) Earnings [ ₹20.1 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 8.64x ]
Thus, for CORAL INDIA FINANCE & HOUSING , the investors are currently willing to pay 8.64 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 CORAL INDIA FINANCE & HOUSING !
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 CORAL INDIA FINANCE & HOUSING over the last five years.
Historical PE (Price/Earnings) ratio chart of CORAL INDIA FINANCE & HOUSING
PE Ratio Performance Analysis for CORAL INDIA FINANCE & HOUSING
- CORAL INDIA FINANCE & HOUSING 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 7.92x.
- CORAL INDIA FINANCE & HOUSING 's operated at median p/e ratio of 7.97x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, CORAL INDIA FINANCE & HOUSING 's p/e ratio peaked in Mar2019 at 10.29x.
- CORAL INDIA FINANCE & HOUSING 's p/e ratio hit its five-year low in Mar2023 of 5.89x.
How does CORAL INDIA FINANCE & HOUSING '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 |
---|---|---|---|
CORAL INDIA FINANCE & HOUSING | 20.06 | 8.64 | 173.3 |
BAJAJ FINANCE LTD | 14,443.50 | 28.89 | 417,230.0 |
BAJAJ HOLDINGS & INVESTMENT LTD | 293.37 | 309.18 | 90,704.2 |
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD | 3,216.91 | 30.61 | 98,469.6 |
SHRIRAM FINANCE LTD | 7,391.11 | 12.72 | 94,023.4 |
SBI CARDS AND PAYMENT SERVICES LTD | 2,341.84 | 30.47 | 71,360.9 |
MUTHOOT FINANCE LTD | 4,294.58 | 15.78 | 67,750.7 |
ADITYA BIRLA CAPITAL LTD | 2,561.57 | 23.47 | 60,128.0 |
SUNDARAM FINANCE LTD | 1,444.98 | 36.88 | 53,292.1 |
L&T FINANCE HOLDINGS LTD | 2,181.04 | 18.69 | 40,756.4 |
POONAWALLA FINCORP LTD | 1,500.18 | 25.03 | 37,554.6 |
Finance - NBFC Industry Benchmark (Top 10) PE Analysis vs CORAL INDIA FINANCE & HOUSING 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 8.64x |
Max industry PE | 309.18x |
Median industry PE | 25.03x |
Average industry PE | 49.12x |
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