IDFC
|
The Current P/E Ratio of IDFC is -58.77.
Share Price | ₹124.4 | Apr 25,2024 |
Market Cap | ₹19,896.0 Cr | |
Earnings-TTM | ₹-338.6 Cr | TTM-Consolidated Results |
Price/Earnings | -58.77x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of IDFC
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹19,896.0 Cr] as on Apr 25,2024
(/) Earnings [ ₹-338.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -58.77x ]
Thus, for IDFC , the investors are currently willing to pay -58.77 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 IDFC !
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 IDFC over the last five years.
Historical PE (Price/Earnings) ratio chart of IDFC
PE Ratio Performance Analysis for IDFC
- IDFC 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 31.31x.
- IDFC '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, IDFC 's p/e ratio peaked in Mar2022 at 153.58x.
- IDFC 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does IDFC '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 |
---|---|---|---|
IDFC | -338.55 | -58.77 | 19,896.0 |
BAJAJ FINANCE LTD | 14,443.50 | 31.31 | 452,200.0 |
BAJAJ HOLDINGS & INVESTMENT LTD | 293.37 | 311.11 | 91,270.7 |
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD | 3,216.91 | 30.15 | 96,991.1 |
SHRIRAM FINANCE LTD | 6,657.82 | 14.07 | 93,703.9 |
SBI CARDS AND PAYMENT SERVICES LTD | 2,341.84 | 30.79 | 72,097.9 |
MUTHOOT FINANCE LTD | 4,294.58 | 15.47 | 66,451.9 |
ADITYA BIRLA CAPITAL LTD | 2,561.57 | 23.31 | 59,711.9 |
SUNDARAM FINANCE LTD | 1,444.98 | 36.80 | 53,172.1 |
L&T FINANCE HOLDINGS LTD | 2,181.04 | 19.14 | 41,752.0 |
POONAWALLA FINCORP LTD | 1,500.18 | 25.46 | 38,201.4 |
Finance - NBFC Industry Benchmark (Top 10) PE Analysis vs IDFC 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -58.77x |
Max industry PE | 311.11x |
Median industry PE | 25.46x |
Average industry PE | 43.53x |
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