RADIANT CASH MANAGEMENT SERVICES
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The Current P/E Ratio of RADIANT CASH MANAGEMENT SERVICES is 17.29.
Share Price | ₹84.2 | May 13,2024 |
Market Cap | ₹898.7 Cr | |
Earnings-TTM | ₹52.0 Cr | TTM-Standalone Results |
Price/Earnings | 17.29x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of RADIANT CASH MANAGEMENT SERVICES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
RADIANT CASH MANAGEMENT SERVICES | 51.99 | 17.29 | 898.7 |
BAJAJ FINSERV LTD | 15,587.30 | 16.18 | 252,223.0 |
CHOLAMANDALAM FINANCIAL HOLDINGS LTD | 3,838.48 | 5.25 | 20,147.6 |
CAPRI GLOBAL CAPITAL LTD | 279.41 | 68.08 | 19,023.1 |
AUTHUM INVESTMENT & INFRASTRUCTURE LTD | 4,685.40 | 2.77 | 12,992.3 |
IIFL FINANCE LTD | 2,001.12 | 8.40 | 16,803.2 |
KAMA HOLDINGS LTD | 1,481.83 | 5.41 | 8,020.9 |
JSW HOLDINGS LTD | 116.59 | 58.42 | 6,811.2 |
RELIGARE ENTERPRISES LTD | 3,683.54 | 1.96 | 7,220.7 |
JM FINANCIAL LTD | 734.95 | 10.37 | 7,624.7 |
SUNDARAM FINANCE HOLDINGS LTD | 36.45 | 146.54 | 5,341.6 |
Finance - Investment Industry Benchmark (Top 10) PE Analysis vs RADIANT CASH MANAGEMENT SERVICES 's P/E Ratio
Top 10 Industry Peers | PE 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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