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MAHINDRA & MAHINDRA FINANCIAL SERVICES
PE (Price/Earnings) Ratio

The Current P/E Ratio of MAHINDRA & MAHINDRA FINANCIAL SERVICES is 18.47.

Share Price ₹283.3Apr 19,2024
Market Cap ₹34,995.5 Cr
Earnings-TTM₹1,894.2 CrTTM-Consolidated Results
Price/Earnings18.47xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of MAHINDRA & MAHINDRA FINANCIAL SERVICES

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 MAHINDRA & MAHINDRA FINANCIAL SERVICES is calculated as :

Current Market Cap [ ₹34,995.5 Cr] as on Apr 19,2024

(/) Earnings [ ₹1,894.2 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 18.47x ]

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

Thus, for MAHINDRA & MAHINDRA FINANCIAL SERVICES , the investors are currently willing to pay 18.47 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 MAHINDRA & MAHINDRA FINANCIAL SERVICES !

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 MAHINDRA & MAHINDRA FINANCIAL SERVICES over the last five years.

Historical PE (Price/Earnings) ratio chart of MAHINDRA & MAHINDRA FINANCIAL SERVICES


PE Ratio Performance Analysis for MAHINDRA & MAHINDRA FINANCIAL SERVICES

- MAHINDRA & MAHINDRA FINANCIAL SERVICES 's latest p/e ratio is 18.47x.

- MAHINDRA & MAHINDRA FINANCIAL SERVICES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 15.31x.

- MAHINDRA & MAHINDRA FINANCIAL SERVICES 's operated at median p/e ratio of 13.8x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MAHINDRA & MAHINDRA FINANCIAL SERVICES 's p/e ratio peaked in Mar2021 at 31.69x.

- MAHINDRA & MAHINDRA FINANCIAL SERVICES 's p/e ratio hit its five-year low in Mar2020 of 5.14x.


How does MAHINDRA & MAHINDRA FINANCIAL SERVICES 's P/E Ratio benchmark against top 10 peers in Finance - NBFC Industry?

Peer Comparison (Finance - NBFC Industry)Earnings-TTM (Cr)PE RatioMarket Cap
MAHINDRA & MAHINDRA FINANCIAL SERVICES 1,894.2418.4734,995.5
BAJAJ FINANCE LTD13,778.2032.05441,561.0
BAJAJ HOLDINGS & INVESTMENT LTD293.37297.0787,150.6
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD3,216.9129.4694,780.7
SHRIRAM FINANCE LTD6,657.8213.3688,916.3
SBI CARDS AND PAYMENT SERVICES LTD2,341.8429.7369,615.6
MUTHOOT FINANCE LTD4,294.5815.4566,345.6
ADITYA BIRLA CAPITAL LTD2,561.5720.3952,218.8
SUNDARAM FINANCE LTD1,444.9835.3451,061.1
L&T FINANCE HOLDINGS LTD2,181.0418.3840,084.4
POONAWALLA FINCORP LTD1,500.1825.7638,642.3

Finance - NBFC Industry Benchmark (Top 10) PE Analysis vs MAHINDRA & MAHINDRA FINANCIAL SERVICES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 13.36x
Max industry PE 297.07x
Median industry PE 25.76x
Average industry PE 48.68x



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