Home > PE Ratio > HDFC ASSET MANAGEMENT COMPANY

HDFC ASSET MANAGEMENT COMPANY
PE (Price/Earnings) Ratio

The Current P/E Ratio of HDFC ASSET MANAGEMENT COMPANY is 40.22.

Share Price ₹3,659.5Apr 24,2024
Market Cap ₹78,130.3 Cr
Earnings-TTM₹1,942.7 CrTTM-Consolidated Results
Price/Earnings40.22xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for HDFC ASSET MANAGEMENT COMPANY
Please provide your vote to see the results
HDFC ASSET MANAGEMENT COMPANY is part of below Screeners ↓
Best Quarterly Growth Mid Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of HDFC ASSET MANAGEMENT COMPANY

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 HDFC ASSET MANAGEMENT COMPANY is calculated as :

Current Market Cap [ ₹78,130.3 Cr] as on Apr 24,2024

(/) Earnings [ ₹1,942.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 40.22x ]

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

Thus, for HDFC ASSET MANAGEMENT COMPANY , the investors are currently willing to pay 40.22 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 HDFC ASSET MANAGEMENT COMPANY !

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 HDFC ASSET MANAGEMENT COMPANY over the last five years.

Historical PE (Price/Earnings) ratio chart of HDFC ASSET MANAGEMENT COMPANY


PE Ratio Performance Analysis for HDFC ASSET MANAGEMENT COMPANY

- HDFC ASSET MANAGEMENT COMPANY 's latest p/e ratio is 40.22x.

- HDFC ASSET MANAGEMENT COMPANY 's p/e ratio for fiscal years ending Mar2023 to Mar2023 averaged 25.58x.

- HDFC ASSET MANAGEMENT COMPANY 's operated at median p/e ratio of 25.58x from fiscal years ending March 2018 to 2022.

- Looking back at the last 1 fiscal years, HDFC ASSET MANAGEMENT COMPANY 's p/e ratio peaked in Mar2023 at 25.58x.

- HDFC ASSET MANAGEMENT COMPANY 's p/e ratio hit its five-year low in Mar2023 of 25.58x.


How does HDFC ASSET MANAGEMENT COMPANY 's P/E Ratio benchmark against top 10 peers in Finance - Asset Management Industry?

Peer Comparison (Finance - Asset Management Industry)Earnings-TTM (Cr)PE RatioMarket Cap
HDFC ASSET MANAGEMENT COMPANY 1,942.6940.2278,130.3
NIPPON LIFE INDIA ASSET MANAGEMENT LTD1,106.2533.3136,847.1
ADITYA BIRLA SUN LIFE AMC LTD707.5722.5415,951.8
UTI ASSET MANAGEMENT COMPANY LTD706.2917.0912,071.0
SHRIRAM ASSET MANAGEMENT COMPANY LTD-5.41-71.05384.0

Finance - Asset Management Industry Benchmark (Top 10) PE Analysis vs HDFC ASSET MANAGEMENT COMPANY 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -71.05x
Max industry PE 40.22x
Median industry PE 22.54x
Average industry PE 8.42x



You may also like the below Video Courses