INDIAN RAILWAY FINANCE CORPORATION
|
The Current P/E Ratio of INDIAN RAILWAY FINANCE CORPORATION is 30.86.
Share Price | ₹153.8 | Nov 07,2024 |
Market Cap | ₹200,928.2 Cr | |
Earnings-TTM | ₹6,511.0 Cr | TTM-Standalone Results |
Price/Earnings | 30.86x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of INDIAN RAILWAY FINANCE CORPORATION
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹200,928.2 Cr] as on Nov 07,2024
(/) Earnings [ ₹6,511.0 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 30.86x ]
Thus, for INDIAN RAILWAY FINANCE CORPORATION , the investors are currently willing to pay 30.86 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 INDIAN RAILWAY FINANCE CORPORATION !
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 INDIAN RAILWAY FINANCE CORPORATION over the last five years.
Historical PE (Price/Earnings) ratio chart of INDIAN RAILWAY FINANCE CORPORATION
PE Ratio Performance Analysis for INDIAN RAILWAY FINANCE CORPORATION
- INDIAN RAILWAY FINANCE CORPORATION 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 9.21x.
- INDIAN RAILWAY FINANCE CORPORATION 's operated at median p/e ratio of 5.64x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, INDIAN RAILWAY FINANCE CORPORATION 's p/e ratio peaked in Mar2024 at 29.02x.
- INDIAN RAILWAY FINANCE CORPORATION 's p/e ratio hit its five-year low in Mar2020 of 0x.
How does INDIAN RAILWAY FINANCE CORPORATION 's P/E Ratio benchmark against top 10 peers in Finance Term Lending Industry?
Peer Comparison (Finance Term Lending Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
INDIAN RAILWAY FINANCE CORPORATION | 6,511.03 | 30.86 | 200,928.2 |
POWER FINANCE CORPORATION LTD | 27,661.30 | 5.51 | 152,432.0 |
REC LTD | 14,885.40 | 9.35 | 139,179.0 |
IFCI LTD | 281.43 | 62.12 | 17,482.3 |
UJJIVAN FINANCIAL SERVICES LTD | 1,120.41 | 6.42 | 7,189.6 |
MAS FINANCIAL SERVICES LTD | 284.69 | 19.16 | 5,455.4 |
SATIN CREDITCARE NETWORK LTD | 453.35 | 4.02 | 1,821.1 |
TOURISM FINANCE CORPORATION OF INDIA LTD | 98.97 | 14.92 | 1,476.9 |
GUJARAT STATE FINANCIAL CORPORATION LTD | -122.64 | -1.69 | 207.6 |
Finance Term Lending Industry Benchmark (Top 10) PE Analysis vs INDIAN RAILWAY FINANCE CORPORATION 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -1.69x |
Max industry PE | 62.12x |
Median industry PE | 9.35x |
Average industry PE | 16.74x |
You may also like the below Video Courses