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RADIANT CASH MANAGEMENT SERVICES
PE (Price/Earnings) Ratio

The Current P/E Ratio of RADIANT CASH MANAGEMENT SERVICES is 17.29.

Share Price ₹84.2May 13,2024
Market Cap ₹898.7 Cr
Earnings-TTM₹52.0 CrTTM-Standalone Results
Price/Earnings17.29xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of RADIANT CASH MANAGEMENT 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 RADIANT CASH MANAGEMENT SERVICES is calculated as :

Current Market Cap [ ₹898.7 Cr] as on May 13,2024

(/) Earnings [ ₹52.0 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 17.29x ]

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

Thus, for RADIANT CASH MANAGEMENT SERVICES , the investors are currently willing to pay 17.29 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 RADIANT CASH MANAGEMENT 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 RADIANT CASH MANAGEMENT SERVICES over the last five years.

Historical PE (Price/Earnings) ratio chart of RADIANT CASH MANAGEMENT SERVICES


PE Ratio Performance Analysis for RADIANT CASH MANAGEMENT SERVICES

- RADIANT CASH MANAGEMENT SERVICES 's latest p/e ratio is 17.29x.

- RADIANT CASH MANAGEMENT SERVICES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.28x.

- RADIANT CASH MANAGEMENT SERVICES 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, RADIANT CASH MANAGEMENT SERVICES 's p/e ratio peaked in Mar2023 at 16.42x.

- RADIANT CASH MANAGEMENT SERVICES 's p/e ratio hit its five-year low in Mar2022 of 0x.


How does RADIANT CASH MANAGEMENT SERVICES 's P/E Ratio benchmark against top 10 peers in Finance - Investment Industry?

Peer Comparison (Finance - Investment Industry)Earnings-TTM (Cr)PE RatioMarket Cap
RADIANT CASH MANAGEMENT SERVICES 51.9917.29898.7
BAJAJ FINSERV LTD15,587.3016.18252,223.0
CHOLAMANDALAM FINANCIAL HOLDINGS LTD3,838.485.2520,147.6
CAPRI GLOBAL CAPITAL LTD279.4168.0819,023.1
AUTHUM INVESTMENT & INFRASTRUCTURE LTD4,685.402.7712,992.3
IIFL FINANCE LTD2,001.128.4016,803.2
KAMA HOLDINGS LTD1,481.835.418,020.9
JSW HOLDINGS LTD116.5958.426,811.2
RELIGARE ENTERPRISES LTD3,683.541.967,220.7
JM FINANCIAL LTD734.9510.377,624.7
SUNDARAM FINANCE HOLDINGS LTD36.45146.545,341.6

Finance - Investment Industry Benchmark (Top 10) PE Analysis vs RADIANT CASH MANAGEMENT SERVICES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 1.96x
Max industry PE 146.54x
Median industry PE 10.37x
Average industry PE 30.97x



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