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PRIME SECURITIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of PRIME SECURITIES is 31.70.

Share Price ₹176.7May 06,2024
Market Cap ₹588.4 Cr
Earnings-TTM₹18.6 CrTTM-Consolidated Results
Price/Earnings31.70xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of PRIME SECURITIES

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 PRIME SECURITIES is calculated as :

Current Market Cap [ ₹588.4 Cr] as on May 06,2024

(/) Earnings [ ₹18.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 31.70x ]

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

Thus, for PRIME SECURITIES , the investors are currently willing to pay 31.70 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 PRIME SECURITIES !

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 PRIME SECURITIES over the last five years.

Historical PE (Price/Earnings) ratio chart of PRIME SECURITIES


PE Ratio Performance Analysis for PRIME SECURITIES

- PRIME SECURITIES 's latest p/e ratio is 31.70x.

- PRIME SECURITIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 16.13x.

- PRIME SECURITIES 's operated at median p/e ratio of 13.41x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PRIME SECURITIES 's p/e ratio peaked in Mar2023 at 31.79x.

- PRIME SECURITIES 's p/e ratio hit its five-year low in Mar2019 of 8.59x.


How does PRIME SECURITIES 's P/E Ratio benchmark against top 10 peers in Finance - Stock Broking Industry?

Peer Comparison (Finance - Stock Broking Industry)Earnings-TTM (Cr)PE RatioMarket Cap
PRIME SECURITIES 18.5631.70588.4
MOTILAL OSWAL FINANCIAL SERVICES LTD2,445.6114.6135,738.6
ICICI SECURITIES LTD1,696.6914.3124,276.8
ANGEL ONE LTD1,125.5521.0423,679.0
MULTI COMMODITY EXCHANGE OF INDIA LTD84.63244.1020,658.2
SHARE INDIA SECURITIES LTD416.9016.116,717.5
CHOICE INTERNATIONAL LTD121.7355.966,811.8
DHANI SERVICES LTD-486.57-6.263,046.1
MONARCH NETWORTH CAPITAL LTD97.1119.501,893.8
GEOJIT FINANCIAL SERVICES LTD143.2217.232,468.0
5PAISA CAPITAL LTD54.4429.091,583.7

Finance - Stock Broking Industry Benchmark (Top 10) PE Analysis vs PRIME SECURITIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -6.26x
Max industry PE 244.10x
Median industry PE 19.50x
Average industry PE 41.58x



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