FUTURISTIC SOLUTIONS
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The Current P/E Ratio of FUTURISTIC SOLUTIONS is 39.01.
Share Price | ₹106.8 | May 23,2024 |
Market Cap | ₹112.2 Cr | |
Earnings-TTM | ₹2.9 Cr | TTM-Standalone Results |
Price/Earnings | 39.01x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of FUTURISTIC SOLUTIONS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹112.2 Cr] as on May 23,2024
(/) Earnings [ ₹2.9 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 39.01x ]
Thus, for FUTURISTIC SOLUTIONS , the investors are currently willing to pay 39.01 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 FUTURISTIC SOLUTIONS !
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 FUTURISTIC SOLUTIONS over the last five years.
Historical PE (Price/Earnings) ratio chart of FUTURISTIC SOLUTIONS
PE Ratio Performance Analysis for FUTURISTIC SOLUTIONS
- FUTURISTIC SOLUTIONS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 15.19x.
- FUTURISTIC SOLUTIONS '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, FUTURISTIC SOLUTIONS 's p/e ratio peaked in Mar2019 at 64.04x.
- FUTURISTIC SOLUTIONS 's p/e ratio hit its five-year low in Mar2022 of 0x.
How does FUTURISTIC SOLUTIONS '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 |
---|---|---|---|
FUTURISTIC SOLUTIONS | 2.88 | 39.01 | 112.2 |
BAJAJ FINANCE LTD | 14,443.50 | 29.30 | 423,207.0 |
BAJAJ HOLDINGS & INVESTMENT LTD | 1,409.61 | 64.46 | 90,869.5 |
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD | 3,410.74 | 31.50 | 107,438.0 |
SHRIRAM FINANCE LTD | 7,391.11 | 12.21 | 90,234.1 |
SBI CARDS AND PAYMENT SERVICES LTD | 2,407.74 | 28.07 | 67,585.5 |
MUTHOOT FINANCE LTD | 4,294.58 | 16.08 | 69,047.4 |
ADITYA BIRLA CAPITAL LTD | 3,134.98 | 18.76 | 58,804.6 |
SUNDARAM FINANCE LTD | 1,444.98 | 34.96 | 50,522.3 |
L&T FINANCE HOLDINGS LTD | 2,317.13 | 17.09 | 39,600.9 |
POONAWALLA FINCORP LTD | 1,651.51 | 21.60 | 35,677.3 |
Finance - NBFC Industry Benchmark (Top 10) PE Analysis vs FUTURISTIC SOLUTIONS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 12.21x |
Max industry PE | 64.46x |
Median industry PE | 28.07x |
Average industry PE | 28.46x |
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