Home > PE Ratio > FUTURISTIC SOLUTIONS

FUTURISTIC SOLUTIONS
PE (Price/Earnings) Ratio

The Current P/E Ratio of FUTURISTIC SOLUTIONS is 39.01.

Share Price ₹106.8May 23,2024
Market Cap ₹112.2 Cr
Earnings-TTM₹2.9 CrTTM-Standalone Results
Price/Earnings39.01xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for FUTURISTIC SOLUTIONS
Please provide your vote to see the results
FUTURISTIC SOLUTIONS is part of below Screeners ↓
Top Undervalued Small Cap Stocks
Best 1M Momentum Small Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of FUTURISTIC SOLUTIONS

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 FUTURISTIC SOLUTIONS is calculated as :

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 ]

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

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 latest p/e ratio is 39.01x.

- 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 RatioMarket Cap
FUTURISTIC SOLUTIONS 2.8839.01112.2
BAJAJ FINANCE LTD14,443.5029.30423,207.0
BAJAJ HOLDINGS & INVESTMENT LTD1,409.6164.4690,869.5
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD3,410.7431.50107,438.0
SHRIRAM FINANCE LTD7,391.1112.2190,234.1
SBI CARDS AND PAYMENT SERVICES LTD2,407.7428.0767,585.5
MUTHOOT FINANCE LTD4,294.5816.0869,047.4
ADITYA BIRLA CAPITAL LTD3,134.9818.7658,804.6
SUNDARAM FINANCE LTD1,444.9834.9650,522.3
L&T FINANCE HOLDINGS LTD2,317.1317.0939,600.9
POONAWALLA FINCORP LTD1,651.5121.6035,677.3

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

Top 10 Industry PeersPE Ratio
Min industry PE 12.21x
Max industry PE 64.46x
Median industry PE 28.07x
Average industry PE 28.46x



You may also like the below Video Courses