MAX INDIA
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The Current P/E Ratio of MAX INDIA is -28.12.
Share Price | ₹261.9 | May 06,2024 |
Market Cap | ₹1,131.4 Cr | |
Earnings-TTM | ₹-40.2 Cr | TTM-Consolidated Results |
Price/Earnings | -28.12x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of MAX INDIA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,131.4 Cr] as on May 06,2024
(/) Earnings [ ₹-40.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -28.12x ]
Thus, for MAX INDIA , the investors are currently willing to pay -28.12 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 MAX INDIA !
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 MAX INDIA over the last five years.
Historical PE (Price/Earnings) ratio chart of MAX INDIA
PE Ratio Performance Analysis for MAX INDIA
- MAX INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2020 averaged 0.00x.
- MAX INDIA 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 4 fiscal years, MAX INDIA 's p/e ratio peaked in Mar2023 at 0x.
- MAX INDIA 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does MAX INDIA '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 |
---|---|---|---|
MAX INDIA | -40.24 | -28.12 | 1,131.4 |
BAJAJ FINSERV LTD | 15,587.30 | 16.50 | 257,121.0 |
CHOLAMANDALAM FINANCIAL HOLDINGS LTD | 3,612.22 | 5.84 | 21,101.5 |
CAPRI GLOBAL CAPITAL LTD | 261.72 | 69.30 | 18,136.3 |
AUTHUM INVESTMENT & INFRASTRUCTURE LTD | 4,685.40 | 2.95 | 13,840.7 |
IIFL FINANCE LTD | 2,001.12 | 8.07 | 16,141.8 |
KAMA HOLDINGS LTD | 1,481.83 | 5.75 | 8,525.5 |
JSW HOLDINGS LTD | 116.59 | 61.63 | 7,185.2 |
RELIGARE ENTERPRISES LTD | 3,683.54 | 1.94 | 7,141.5 |
JM FINANCIAL LTD | 734.95 | 10.83 | 7,959.1 |
SUNDARAM FINANCE HOLDINGS LTD | 36.45 | 139.13 | 5,071.7 |
Finance - Investment Industry Benchmark (Top 10) PE Analysis vs MAX INDIA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -28.12x |
Max industry PE | 139.13x |
Median industry PE | 8.07x |
Average industry PE | 26.71x |
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