MERCANTILE VENTURES
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The Current P/E Ratio of MERCANTILE VENTURES is -30.29.
Share Price | ₹23.4 | May 03,2024 |
Market Cap | ₹261.3 Cr | |
Earnings-TTM | ₹-8.6 Cr | TTM-Consolidated Results |
Price/Earnings | -30.29x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of MERCANTILE VENTURES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹261.3 Cr] as on May 03,2024
(/) Earnings [ ₹-8.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -30.29x ]
Thus, for MERCANTILE VENTURES , the investors are currently willing to pay -30.29 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 MERCANTILE VENTURES !
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 MERCANTILE VENTURES over the last five years.
Historical PE (Price/Earnings) ratio chart of MERCANTILE VENTURES
PE Ratio Performance Analysis for MERCANTILE VENTURES
- MERCANTILE VENTURES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 11.15x.
- MERCANTILE VENTURES 's operated at median p/e ratio of 11.51x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MERCANTILE VENTURES 's p/e ratio peaked in Mar2022 at 17.42x.
- MERCANTILE VENTURES 's p/e ratio hit its five-year low in Mar2020 of 1.66x.
How does MERCANTILE VENTURES 's P/E Ratio benchmark against top 10 peers in Finance - NBFC Industry?
Peer Comparison (Finance - NBFC Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
MERCANTILE VENTURES | -8.63 | -30.29 | 261.3 |
BAJAJ FINANCE LTD | 14,443.50 | 29.76 | 429,812.0 |
BAJAJ HOLDINGS & INVESTMENT LTD | 1,409.61 | 65.04 | 91,678.0 |
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD | 3,410.74 | 32.25 | 109,982.0 |
SHRIRAM FINANCE LTD | 7,391.11 | 13.16 | 97,292.8 |
SBI CARDS AND PAYMENT SERVICES LTD | 2,407.74 | 28.51 | 68,641.1 |
MUTHOOT FINANCE LTD | 4,294.58 | 15.88 | 68,212.4 |
ADITYA BIRLA CAPITAL LTD | 2,561.57 | 23.45 | 60,063.0 |
SUNDARAM FINANCE LTD | 1,444.98 | 37.16 | 53,699.3 |
L&T FINANCE HOLDINGS LTD | 2,317.13 | 18.03 | 41,767.1 |
POONAWALLA FINCORP LTD | 1,651.51 | 22.71 | 37,500.4 |
Finance - NBFC Industry Benchmark (Top 10) PE Analysis vs MERCANTILE VENTURES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -30.29x |
Max industry PE | 65.04x |
Median industry PE | 23.45x |
Average industry PE | 23.24x |
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