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LIC HOUSING FINANCE
PE (Price/Earnings) Ratio

The Current P/E Ratio of LIC HOUSING FINANCE is 7.25.

Share Price ₹641.7Apr 18,2024
Market Cap ₹35,297.2 Cr
Earnings-TTM₹4,868.4 CrTTM-Consolidated Results
Price/Earnings7.25xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of LIC HOUSING FINANCE

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 LIC HOUSING FINANCE is calculated as :

Current Market Cap [ ₹35,297.2 Cr] as on Apr 18,2024

(/) Earnings [ ₹4,868.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 7.25x ]

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

Thus, for LIC HOUSING FINANCE , the investors are currently willing to pay 7.25 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 LIC HOUSING FINANCE !

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 LIC HOUSING FINANCE over the last five years.

Historical PE (Price/Earnings) ratio chart of LIC HOUSING FINANCE


PE Ratio Performance Analysis for LIC HOUSING FINANCE

- LIC HOUSING FINANCE 's latest p/e ratio is 7.25x.

- LIC HOUSING FINANCE 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 7.76x.

- LIC HOUSING FINANCE 's operated at median p/e ratio of 7.88x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, LIC HOUSING FINANCE 's p/e ratio peaked in Mar2019 at 11.06x.

- LIC HOUSING FINANCE 's p/e ratio hit its five-year low in Mar2020 of 4.95x.


How does LIC HOUSING FINANCE 's P/E Ratio benchmark against top 10 peers in Finance - Housing Industry?

Peer Comparison (Finance - Housing Industry)Earnings-TTM (Cr)PE RatioMarket Cap
LIC HOUSING FINANCE 4,868.387.2535,297.2
HOUSING & URBAN DEVELOPMENT CORPORATION LTD2,055.7718.7738,586.6
PNB HOUSING FINANCE LTD1,348.0414.5119,563.7
APTUS VALUE HOUSING FINANCE INDIA LTD583.1627.0115,748.5
INDIABULLS HOUSING FINANCE LTD1,157.3810.6712,347.0
AAVAS FINANCIERS LTD475.0425.4312,082.3
CAN FIN HOMES LTD707.4714.3710,167.0
HOME FIRST FINANCE COMPANY INDIA LTD286.2827.207,786.8
INDIA SHELTER FINANCE CORPORATION LTD198.7931.186,197.7
REPCO HOME FINANCE LTD368.737.952,930.4
GIC HOUSING FINANCE LTD150.017.501,124.4

Finance - Housing Industry Benchmark (Top 10) PE Analysis vs LIC HOUSING FINANCE 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 7.25x
Max industry PE 31.18x
Median industry PE 14.51x
Average industry PE 17.44x



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