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EMERALD FINANCE
PE (Price/Earnings) Ratio

The Current P/E Ratio of EMERALD FINANCE is 22.83.

Share Price ₹31.5May 31,2024
Market Cap ₹94.8 Cr
Earnings-TTM₹4.2 CrTTM-Consolidated Results
Price/Earnings22.83xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of EMERALD FINANCE

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 EMERALD FINANCE is calculated as :

Current Market Cap [ ₹94.8 Cr] as on May 31,2024

(/) Earnings [ ₹4.2 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 22.83x ]

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

Thus, for EMERALD FINANCE , the investors are currently willing to pay 22.83 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 EMERALD FINANCE !

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 EMERALD FINANCE over the last five years.

Historical PE (Price/Earnings) ratio chart of EMERALD FINANCE


PE Ratio Performance Analysis for EMERALD FINANCE

- EMERALD FINANCE 's latest p/e ratio is 22.83x.

- EMERALD FINANCE 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 12.16x.

- EMERALD FINANCE 's operated at median p/e ratio of 8.08x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, EMERALD FINANCE 's p/e ratio peaked in Mar2023 at 20.54x.

- EMERALD FINANCE 's p/e ratio hit its five-year low in Mar2020 of 6.01x.


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

Peer Comparison (Finance - NBFC Industry)Earnings-TTM (Cr)PE RatioMarket Cap
EMERALD FINANCE 4.1522.8394.8
BAJAJ FINANCE LTD14,443.5028.77415,535.0
BAJAJ HOLDINGS & INVESTMENT LTD1,409.6162.7288,408.8
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD3,410.7430.54104,162.0
SHRIRAM FINANCE LTD7,391.1111.9688,433.8
SBI CARDS AND PAYMENT SERVICES LTD2,407.7427.3365,811.5
MUTHOOT FINANCE LTD4,467.5915.1267,545.9
ADITYA BIRLA CAPITAL LTD3,134.9818.5758,219.4
SUNDARAM FINANCE LTD1,422.4233.9048,220.7
L&T FINANCE HOLDINGS LTD2,317.1316.4538,119.4
POONAWALLA FINCORP LTD1,651.5121.0934,833.3

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

Top 10 Industry PeersPE Ratio
Min industry PE 11.96x
Max industry PE 62.72x
Median industry PE 22.83x
Average industry PE 26.30x



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