GANGES SECURITIES
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The Current P/E Ratio of GANGES SECURITIES is 31.35.
Share Price | ₹149.1 | May 13,2024 |
Market Cap | ₹149.1 Cr | |
Earnings-TTM | ₹4.8 Cr | TTM-Consolidated Results |
Price/Earnings | 31.35x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of GANGES SECURITIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹149.1 Cr] as on May 13,2024
(/) Earnings [ ₹4.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 31.35x ]
Thus, for GANGES SECURITIES , the investors are currently willing to pay 31.35 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 GANGES SECURITIES !
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 GANGES SECURITIES over the last five years.
Historical PE (Price/Earnings) ratio chart of GANGES SECURITIES
PE Ratio Performance Analysis for GANGES SECURITIES
- GANGES SECURITIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 8.48x.
- GANGES SECURITIES 's operated at median p/e ratio of 6.34x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GANGES SECURITIES 's p/e ratio peaked in Mar2022 at 16.77x.
- GANGES SECURITIES 's p/e ratio hit its five-year low in Mar2020 of 3.5x.
How does GANGES SECURITIES 's P/E Ratio benchmark against top 10 peers in Finance - Investment Industry?
Peer Comparison (Finance - Investment Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
GANGES SECURITIES | 4.75 | 31.35 | 149.1 |
BAJAJ FINSERV LTD | 15,587.30 | 16.18 | 252,223.0 |
CHOLAMANDALAM FINANCIAL HOLDINGS LTD | 3,838.48 | 5.25 | 20,147.6 |
CAPRI GLOBAL CAPITAL LTD | 279.41 | 68.08 | 19,023.1 |
AUTHUM INVESTMENT & INFRASTRUCTURE LTD | 4,685.40 | 2.77 | 12,992.3 |
IIFL FINANCE LTD | 2,001.12 | 8.40 | 16,803.2 |
KAMA HOLDINGS LTD | 1,481.83 | 5.41 | 8,020.9 |
JSW HOLDINGS LTD | 116.59 | 58.42 | 6,811.2 |
RELIGARE ENTERPRISES LTD | 3,683.54 | 1.96 | 7,220.7 |
JM FINANCIAL LTD | 734.95 | 10.37 | 7,624.7 |
SUNDARAM FINANCE HOLDINGS LTD | 36.45 | 146.54 | 5,341.6 |
Finance - Investment Industry Benchmark (Top 10) PE Analysis vs GANGES SECURITIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 1.96x |
Max industry PE | 146.54x |
Median industry PE | 10.37x |
Average industry PE | 32.25x |
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