THE JAMMU & KASHMIR BANK
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The Current P/E Ratio of THE JAMMU & KASHMIR BANK is 9.35.
Share Price | ₹136.5 | Apr 30,2024 |
Market Cap | ₹15,031.4 Cr | |
Earnings-TTM | ₹1,606.8 Cr | TTM-Consolidated Results |
Price/Earnings | 9.35x | 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 [ ₹15,031.4 Cr] as on Apr 30,2024
(/) Earnings [ ₹1,606.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 9.35x ]
Thus, for THE JAMMU & KASHMIR BANK , the investors are currently willing to pay 9.35 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 | 9.35 | 15,031.4 |
HDFC BANK LTD | 65,446.50 | 17.62 | 1,153,200.0 |
ICICI BANK LTD | 45,006.70 | 17.99 | 809,465.0 |
KOTAK MAHINDRA BANK LTD | 17,264.10 | 18.70 | 322,790.0 |
AXIS BANK LTD | 26,423.50 | 13.62 | 360,020.0 |
INDUSIND BANK LTD | 8,976.99 | 13.14 | 117,962.0 |
IDBI BANK LTD | 5,315.15 | 18.26 | 97,061.9 |
YES BANK LTD | 1,285.20 | 61.19 | 78,640.2 |
IDFC FIRST BANK LTD | 2,942.35 | 19.74 | 58,090.4 |
AU SMALL FINANCE BANK LTD | 1,534.72 | 30.65 | 47,044.7 |
THE FEDERAL BANK LTD | 3,894.71 | 10.16 | 39,586.4 |
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 | 9.35x |
Max industry PE | 61.19x |
Median industry PE | 17.99x |
Average industry PE | 20.95x |
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