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JM FINANCIAL
PE (Price/Earnings) Ratio

The Current P/E Ratio of JM FINANCIAL is 10.23.

Share Price ₹78.7Mar 27,2024
Market Cap ₹7,517.7 Cr
Earnings-TTM₹735.0 CrTTM-Consolidated Results
Price/Earnings10.23xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of JM FINANCIAL

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 JM FINANCIAL is calculated as :

Current Market Cap [ ₹7,517.7 Cr] as on Mar 27,2024

(/) Earnings [ ₹735.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 10.23x ]

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

Thus, for JM FINANCIAL , the investors are currently willing to pay 10.23 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 JM FINANCIAL !

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 JM FINANCIAL over the last five years.

Historical PE (Price/Earnings) ratio chart of JM FINANCIAL


PE Ratio Performance Analysis for JM FINANCIAL

- JM FINANCIAL 's latest p/e ratio is 10.23x.

- JM FINANCIAL 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 11.05x.

- JM FINANCIAL 's operated at median p/e ratio of 9.93x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, JM FINANCIAL 's p/e ratio peaked in Mar2019 at 13.79x.

- JM FINANCIAL 's p/e ratio hit its five-year low in Mar2022 of 8.35x.


How does JM FINANCIAL 's P/E Ratio benchmark against top 10 peers in Finance - Investment Industry?

Peer Comparison (Finance - Investment Industry)Earnings-TTM (Cr)PE RatioMarket Cap
JM FINANCIAL 734.9510.237,517.7
BAJAJ FINSERV LTD14,839.0017.00252,279.0
IIFL FINANCE LTD2,001.126.7113,432.4
CAPRI GLOBAL CAPITAL LTD261.7264.4916,878.3
CHOLAMANDALAM FINANCIAL HOLDINGS LTD3,612.225.7020,589.8
KAMA HOLDINGS LTD1,481.835.438,048.5
RELIGARE ENTERPRISES LTD3,683.541.906,993.4
JSW HOLDINGS LTD116.5968.838,024.2
AUTHUM INVESTMENT & INFRASTRUCTURE LTD981.0112.2412,007.2
MAX VENTURES AND INDUSTRIES LTD16.98186.913,173.0
PILANI INVESTMENT AND INDUSTRIES CORPORATION LTD146.4524.743,623.1

Finance - Investment Industry Benchmark (Top 10) PE Analysis vs JM FINANCIAL 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 1.90x
Max industry PE 186.91x
Median industry PE 12.24x
Average industry PE 36.74x



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