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SPANDANA SPHOORTY FINANCIAL
PE (Price/Earnings) Ratio

The Current P/E Ratio of SPANDANA SPHOORTY FINANCIAL is 12.65.

Share Price ₹847.1Mar 27,2024
Market Cap ₹6,039.5 Cr
Earnings-TTM₹477.6 CrTTM-Consolidated Results
Price/Earnings12.65xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SPANDANA SPHOORTY FINANCIAL

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 SPANDANA SPHOORTY FINANCIAL is calculated as :

Current Market Cap [ ₹6,039.5 Cr] as on Mar 27,2024

(/) Earnings [ ₹477.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 12.65x ]

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

Thus, for SPANDANA SPHOORTY FINANCIAL , the investors are currently willing to pay 12.65 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 SPANDANA SPHOORTY FINANCIAL !

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 SPANDANA SPHOORTY FINANCIAL over the last five years.

Historical PE (Price/Earnings) ratio chart of SPANDANA SPHOORTY FINANCIAL


PE Ratio Performance Analysis for SPANDANA SPHOORTY FINANCIAL

- SPANDANA SPHOORTY FINANCIAL 's latest p/e ratio is 12.65x.

- SPANDANA SPHOORTY FINANCIAL 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 75.52x.

- SPANDANA SPHOORTY FINANCIAL 's operated at median p/e ratio of 26.8x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SPANDANA SPHOORTY FINANCIAL 's p/e ratio peaked in Mar2023 at 306.99x.

- SPANDANA SPHOORTY FINANCIAL 's p/e ratio hit its five-year low in Mar2019 of 0x.


How does SPANDANA SPHOORTY FINANCIAL 's P/E Ratio benchmark against top 10 peers in Finance - NBFC Industry?

Peer Comparison (Finance - NBFC Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SPANDANA SPHOORTY FINANCIAL 477.6112.656,039.5
BAJAJ FINANCE LTD13,778.2031.60435,417.0
SBI CARDS AND PAYMENT SERVICES LTD2,341.8428.1265,859.3
BAJAJ HOLDINGS & INVESTMENT LTD293.37306.3989,886.8
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD3,216.9129.4794,811.5
SHRIRAM FINANCE LTD6,657.8213.4589,545.8
MUTHOOT FINANCE LTD4,294.5813.8059,285.9
ADITYA BIRLA CAPITAL LTD2,561.5717.8145,617.4
MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD1,894.2417.8833,872.1
SUNDARAM FINANCE LTD1,444.9831.9346,135.3
L&T FINANCE HOLDINGS LTD2,181.0418.1339,536.8

Finance - NBFC Industry Benchmark (Top 10) PE Analysis vs SPANDANA SPHOORTY FINANCIAL 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 12.65x
Max industry PE 306.39x
Median industry PE 18.13x
Average industry PE 47.39x



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