EMERALD FINANCE
|
The Current P/E Ratio of EMERALD FINANCE is 22.83.
Share Price | ₹31.5 | May 31,2024 |
Market Cap | ₹94.8 Cr | |
Earnings-TTM | ₹4.2 Cr | TTM-Consolidated Results |
Price/Earnings | 22.83x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of EMERALD FINANCE
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
EMERALD FINANCE | 4.15 | 22.83 | 94.8 |
BAJAJ FINANCE LTD | 14,443.50 | 28.77 | 415,535.0 |
BAJAJ HOLDINGS & INVESTMENT LTD | 1,409.61 | 62.72 | 88,408.8 |
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD | 3,410.74 | 30.54 | 104,162.0 |
SHRIRAM FINANCE LTD | 7,391.11 | 11.96 | 88,433.8 |
SBI CARDS AND PAYMENT SERVICES LTD | 2,407.74 | 27.33 | 65,811.5 |
MUTHOOT FINANCE LTD | 4,467.59 | 15.12 | 67,545.9 |
ADITYA BIRLA CAPITAL LTD | 3,134.98 | 18.57 | 58,219.4 |
SUNDARAM FINANCE LTD | 1,422.42 | 33.90 | 48,220.7 |
L&T FINANCE HOLDINGS LTD | 2,317.13 | 16.45 | 38,119.4 |
POONAWALLA FINCORP LTD | 1,651.51 | 21.09 | 34,833.3 |
Finance - NBFC Industry Benchmark (Top 10) PE Analysis vs EMERALD FINANCE 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 11.96x |
Max industry PE | 62.72x |
Median industry PE | 22.83x |
Average industry PE | 26.30x |
You may also like the below Video Courses