JM FINANCIAL
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The Current P/E Ratio of JM FINANCIAL is 10.23.
Share Price | ₹78.7 | Mar 27,2024 |
Market Cap | ₹7,517.7 Cr | |
Earnings-TTM | ₹735.0 Cr | TTM-Consolidated Results |
Price/Earnings | 10.23x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of JM FINANCIAL
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
JM FINANCIAL | 734.95 | 10.23 | 7,517.7 |
BAJAJ FINSERV LTD | 14,839.00 | 17.00 | 252,279.0 |
IIFL FINANCE LTD | 2,001.12 | 6.71 | 13,432.4 |
CAPRI GLOBAL CAPITAL LTD | 261.72 | 64.49 | 16,878.3 |
CHOLAMANDALAM FINANCIAL HOLDINGS LTD | 3,612.22 | 5.70 | 20,589.8 |
KAMA HOLDINGS LTD | 1,481.83 | 5.43 | 8,048.5 |
RELIGARE ENTERPRISES LTD | 3,683.54 | 1.90 | 6,993.4 |
JSW HOLDINGS LTD | 116.59 | 68.83 | 8,024.2 |
AUTHUM INVESTMENT & INFRASTRUCTURE LTD | 981.01 | 12.24 | 12,007.2 |
MAX VENTURES AND INDUSTRIES LTD | 16.98 | 186.91 | 3,173.0 |
PILANI INVESTMENT AND INDUSTRIES CORPORATION LTD | 146.45 | 24.74 | 3,623.1 |
Finance - Investment Industry Benchmark (Top 10) PE Analysis vs JM FINANCIAL 's P/E Ratio
Top 10 Industry Peers | PE 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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