THE JAMMU & KASHMIR BANK
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The Current P/E Ratio of THE JAMMU & KASHMIR BANK is 9.06.
Share Price | ₹132.3 | Apr 25,2024 |
Market Cap | ₹14,563.4 Cr | |
Earnings-TTM | ₹1,606.8 Cr | TTM-Consolidated Results |
Price/Earnings | 9.06x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of THE JAMMU & KASHMIR BANK
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹14,563.4 Cr] as on Apr 25,2024
(/) Earnings [ ₹1,606.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 9.06x ]
Thus, for THE JAMMU & KASHMIR BANK , the investors are currently willing to pay 9.06 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 THE JAMMU & KASHMIR BANK !
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 THE JAMMU & KASHMIR BANK over the last five years.
Historical PE (Price/Earnings) ratio chart of THE JAMMU & KASHMIR BANK
PE Ratio Performance Analysis for THE JAMMU & KASHMIR BANK
- THE JAMMU & KASHMIR BANK 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.22x.
- THE JAMMU & KASHMIR BANK 's operated at median p/e ratio of 4.3x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, THE JAMMU & KASHMIR BANK 's p/e ratio peaked in Mar2019 at 6.45x.
- THE JAMMU & KASHMIR BANK 's p/e ratio hit its five-year low in Mar2020 of 0x.
How does THE JAMMU & KASHMIR BANK 's P/E Ratio benchmark against top 10 peers in Bank - Private Industry?
Peer Comparison (Bank - Private Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
THE JAMMU & KASHMIR BANK | 1,606.83 | 9.06 | 14,563.4 |
HDFC BANK LTD | 65,446.50 | 17.54 | 1,147,630.0 |
ICICI BANK LTD | 43,019.20 | 18.18 | 781,896.0 |
KOTAK MAHINDRA BANK LTD | 17,264.10 | 18.92 | 326,615.0 |
AXIS BANK LTD | 26,423.50 | 13.17 | 348,042.0 |
INDUSIND BANK LTD | 8,976.99 | 12.97 | 116,448.0 |
IDBI BANK LTD | 5,315.15 | 17.80 | 94,610.4 |
YES BANK LTD | 1,024.12 | 76.17 | 78,009.2 |
IDFC FIRST BANK LTD | 3,026.57 | 19.49 | 58,995.5 |
AU SMALL FINANCE BANK LTD | 1,534.72 | 29.47 | 45,233.4 |
THE FEDERAL BANK LTD | 3,894.71 | 9.76 | 38,002.9 |
Bank - Private Industry Benchmark (Top 10) PE Analysis vs THE JAMMU & KASHMIR BANK 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 9.06x |
Max industry PE | 76.17x |
Median industry PE | 17.80x |
Average industry PE | 22.05x |
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