DHANI SERVICES
|
The Current P/E Ratio of DHANI SERVICES is -6.69.
Share Price | ₹53.2 | Apr 23,2024 |
Market Cap | ₹3,255.8 Cr | |
Earnings-TTM | ₹-486.6 Cr | TTM-Consolidated Results |
Price/Earnings | -6.69x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of DHANI SERVICES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹3,255.8 Cr] as on Apr 23,2024
(/) Earnings [ ₹-486.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -6.69x ]
Thus, for DHANI SERVICES , the investors are currently willing to pay -6.69 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 DHANI SERVICES !
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 DHANI SERVICES over the last five years.
Historical PE (Price/Earnings) ratio chart of DHANI SERVICES
PE Ratio Performance Analysis for DHANI SERVICES
- DHANI SERVICES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 271.38x.
- DHANI SERVICES 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, DHANI SERVICES 's p/e ratio peaked in Mar2020 at 1316.69x.
- DHANI SERVICES 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does DHANI SERVICES 's P/E Ratio benchmark against top 10 peers in Finance - Stock Broking Industry?
Peer Comparison (Finance - Stock Broking Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
DHANI SERVICES | -486.57 | -6.69 | 3,255.8 |
MOTILAL OSWAL FINANCIAL SERVICES LTD | 1,887.97 | 18.25 | 34,450.5 |
ICICI SECURITIES LTD | 1,696.69 | 13.80 | 23,412.7 |
ANGEL ONE LTD | 1,125.55 | 22.81 | 25,673.7 |
MULTI COMMODITY EXCHANGE OF INDIA LTD | 6.38 | 3,219.94 | 20,543.2 |
SHARE INDIA SECURITIES LTD | 416.90 | 15.81 | 6,589.9 |
CHOICE INTERNATIONAL LTD | 121.73 | 54.02 | 6,575.5 |
MONARCH NETWORTH CAPITAL LTD | 97.11 | 20.61 | 2,001.5 |
GEOJIT FINANCIAL SERVICES LTD | 122.13 | 16.62 | 2,030.3 |
5PAISA CAPITAL LTD | 63.08 | 27.45 | 1,731.7 |
SMC GLOBAL SECURITIES LTD | 143.96 | 10.72 | 1,542.8 |
Finance - Stock Broking Industry Benchmark (Top 10) PE Analysis vs DHANI SERVICES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -6.69x |
Max industry PE | 3,219.94x |
Median industry PE | 18.25x |
Average industry PE | 310.30x |
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