CREDITACCESS GRAMEEN
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The Current P/E Ratio of CREDITACCESS GRAMEEN is 15.60.
Share Price | ₹1,415.2 | May 10,2024 |
Market Cap | ₹22,557.5 Cr | |
Earnings-TTM | ₹1,445.9 Cr | TTM-Consolidated Results |
Price/Earnings | 15.60x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of CREDITACCESS GRAMEEN
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹22,557.5 Cr] as on May 10,2024
(/) Earnings [ ₹1,445.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 15.60x ]
Thus, for CREDITACCESS GRAMEEN , the investors are currently willing to pay 15.60 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 CREDITACCESS GRAMEEN !
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 CREDITACCESS GRAMEEN over the last five years.
Historical PE (Price/Earnings) ratio chart of CREDITACCESS GRAMEEN
PE Ratio Performance Analysis for CREDITACCESS GRAMEEN
- CREDITACCESS GRAMEEN 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 33.98x.
- CREDITACCESS GRAMEEN 's operated at median p/e ratio of 22.36x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, CREDITACCESS GRAMEEN 's p/e ratio peaked in Mar2021 at 77.83x.
- CREDITACCESS GRAMEEN 's p/e ratio hit its five-year low in Mar2020 of 14.61x.
How does CREDITACCESS GRAMEEN '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 |
---|---|---|---|
CREDITACCESS GRAMEEN | 1,445.92 | 15.60 | 22,557.5 |
BAJAJ FINANCE LTD | 14,443.50 | 28.70 | 414,468.0 |
BAJAJ HOLDINGS & INVESTMENT LTD | 1,409.61 | 66.55 | 93,807.1 |
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD | 3,410.74 | 31.25 | 106,584.0 |
SHRIRAM FINANCE LTD | 7,391.11 | 11.93 | 88,151.6 |
SBI CARDS AND PAYMENT SERVICES LTD | 2,407.74 | 28.44 | 68,479.4 |
MUTHOOT FINANCE LTD | 4,294.58 | 15.56 | 66,811.2 |
ADITYA BIRLA CAPITAL LTD | 2,561.57 | 21.96 | 56,253.7 |
SUNDARAM FINANCE LTD | 1,444.98 | 35.10 | 50,722.8 |
L&T FINANCE HOLDINGS LTD | 2,317.13 | 16.65 | 38,580.1 |
POONAWALLA FINCORP LTD | 1,651.51 | 21.70 | 35,840.0 |
Finance - NBFC Industry Benchmark (Top 10) PE Analysis vs CREDITACCESS GRAMEEN 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 11.93x |
Max industry PE | 66.55x |
Median industry PE | 21.96x |
Average industry PE | 26.68x |
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