DHANLAXMI BANK
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The Current P/E Ratio of DHANLAXMI BANK is 12.22.
Share Price | ₹44.8 | Apr 29,2024 |
Market Cap | ₹1,132.9 Cr | |
Earnings-TTM | ₹92.7 Cr | TTM-Standalone Results |
Price/Earnings | 12.22x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of DHANLAXMI BANK
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,132.9 Cr] as on Apr 29,2024
(/) Earnings [ ₹92.7 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 12.22x ]
Thus, for DHANLAXMI BANK , the investors are currently willing to pay 12.22 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 DHANLAXMI BANK !
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 DHANLAXMI BANK over the last five years.
Historical PE (Price/Earnings) ratio chart of DHANLAXMI BANK
PE Ratio Performance Analysis for DHANLAXMI BANK
- DHANLAXMI BANK 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 13.39x.
- DHANLAXMI BANK 's operated at median p/e ratio of 8.73x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, DHANLAXMI BANK 's p/e ratio peaked in Mar2019 at 37.62x.
- DHANLAXMI BANK 's p/e ratio hit its five-year low in Mar2020 of 3.1x.
How does DHANLAXMI BANK 's P/E Ratio benchmark against top 10 peers in Bank - Private Industry?
Peer Comparison (Bank - Private Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
DHANLAXMI BANK | 92.68 | 12.22 | 1,132.9 |
HDFC BANK LTD | 65,446.50 | 17.75 | 1,161,420.0 |
ICICI BANK LTD | 45,006.70 | 18.09 | 814,105.0 |
KOTAK MAHINDRA BANK LTD | 17,264.10 | 18.89 | 326,069.0 |
AXIS BANK LTD | 26,423.50 | 13.55 | 357,952.0 |
INDUSIND BANK LTD | 8,976.99 | 12.90 | 115,795.0 |
IDBI BANK LTD | 5,315.15 | 18.56 | 98,664.0 |
YES BANK LTD | 1,285.20 | 63.39 | 81,464.9 |
IDFC FIRST BANK LTD | 2,942.35 | 19.63 | 57,751.0 |
AU SMALL FINANCE BANK LTD | 1,534.72 | 30.92 | 47,453.2 |
THE FEDERAL BANK LTD | 3,894.71 | 10.04 | 39,099.2 |
Bank - Private Industry Benchmark (Top 10) PE Analysis vs DHANLAXMI BANK 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 10.04x |
Max industry PE | 63.39x |
Median industry PE | 18.09x |
Average industry PE | 21.45x |
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