PRIME SECURITIES
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The Current P/E Ratio of PRIME SECURITIES is 31.70.
Share Price | ₹176.7 | May 06,2024 |
Market Cap | ₹588.4 Cr | |
Earnings-TTM | ₹18.6 Cr | TTM-Consolidated Results |
Price/Earnings | 31.70x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of PRIME SECURITIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
PRIME SECURITIES | 18.56 | 31.70 | 588.4 |
MOTILAL OSWAL FINANCIAL SERVICES LTD | 2,445.61 | 14.61 | 35,738.6 |
ICICI SECURITIES LTD | 1,696.69 | 14.31 | 24,276.8 |
ANGEL ONE LTD | 1,125.55 | 21.04 | 23,679.0 |
MULTI COMMODITY EXCHANGE OF INDIA LTD | 84.63 | 244.10 | 20,658.2 |
SHARE INDIA SECURITIES LTD | 416.90 | 16.11 | 6,717.5 |
CHOICE INTERNATIONAL LTD | 121.73 | 55.96 | 6,811.8 |
DHANI SERVICES LTD | -486.57 | -6.26 | 3,046.1 |
MONARCH NETWORTH CAPITAL LTD | 97.11 | 19.50 | 1,893.8 |
GEOJIT FINANCIAL SERVICES LTD | 143.22 | 17.23 | 2,468.0 |
5PAISA CAPITAL LTD | 54.44 | 29.09 | 1,583.7 |
Finance - Stock Broking Industry Benchmark (Top 10) PE Analysis vs PRIME SECURITIES 's P/E Ratio
Top 10 Industry Peers | PE 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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