Home > PE Ratio > SARASWATI COMMERCIAL (INDIA)

SARASWATI COMMERCIAL (INDIA)
PE (Price/Earnings) Ratio

The Current P/E Ratio of SARASWATI COMMERCIAL (INDIA) is 8.71.

Share Price ₹5,586.1Mar 28,2024
Market Cap ₹558.6 Cr
Earnings-TTM₹64.2 CrTTM-Consolidated Results
Price/Earnings8.71xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for SARASWATI COMMERCIAL (INDIA)
Please provide your vote to see the results
SARASWATI COMMERCIAL (INDIA) is part of below Screeners ↓
Best Quarterly Growth Small Cap Stocks
Best 1M Momentum Small Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of SARASWATI COMMERCIAL (INDIA)

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 SARASWATI COMMERCIAL (INDIA) is calculated as :

Current Market Cap [ ₹558.6 Cr] as on Mar 28,2024

(/) Earnings [ ₹64.2 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 8.71x ]

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

Thus, for SARASWATI COMMERCIAL (INDIA) , the investors are currently willing to pay 8.71 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 SARASWATI COMMERCIAL (INDIA) !

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 SARASWATI COMMERCIAL (INDIA) over the last five years.

Historical PE (Price/Earnings) ratio chart of SARASWATI COMMERCIAL (INDIA)


PE Ratio Performance Analysis for SARASWATI COMMERCIAL (INDIA)

- SARASWATI COMMERCIAL (INDIA) 's latest p/e ratio is 8.71x.

- SARASWATI COMMERCIAL (INDIA) 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 7.25x.

- SARASWATI COMMERCIAL (INDIA) 's operated at median p/e ratio of 4.76x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SARASWATI COMMERCIAL (INDIA) 's p/e ratio peaked in Mar2023 at 22.04x.

- SARASWATI COMMERCIAL (INDIA) 's p/e ratio hit its five-year low in Mar2020 of 0x.


How does SARASWATI COMMERCIAL (INDIA) 's P/E Ratio benchmark against top 10 peers in Finance - NBFC Industry?

Peer Comparison (Finance - NBFC Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SARASWATI COMMERCIAL (INDIA) 64.178.71558.6
BAJAJ FINANCE LTD13,778.2032.58448,880.0
BAJAJ HOLDINGS & INVESTMENT LTD293.37314.4992,260.6
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD3,216.9130.2097,150.8
SHRIRAM FINANCE LTD6,657.8213.3288,694.6
SBI CARDS AND PAYMENT SERVICES LTD2,341.8427.7164,898.9
MUTHOOT FINANCE LTD4,294.5813.8259,342.1
ADITYA BIRLA CAPITAL LTD2,561.5717.8045,591.4
SUNDARAM FINANCE LTD1,444.9831.7745,900.9
L&T FINANCE HOLDINGS LTD2,181.0418.0539,362.6
POONAWALLA FINCORP LTD1,500.1824.0336,055.3

Finance - NBFC Industry Benchmark (Top 10) PE Analysis vs SARASWATI COMMERCIAL (INDIA) 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 8.71x
Max industry PE 314.49x
Median industry PE 24.03x
Average industry PE 48.41x



You may also like the below Video Courses