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THE SOUTH INDIAN BANK
PE (Price/Earnings) Ratio

The Current P/E Ratio of THE SOUTH INDIAN BANK is 6.39.

Share Price ₹27.3Mar 28,2024
Market Cap ₹7,138.8 Cr
Earnings-TTM₹1,116.4 CrTTM-Consolidated Results
Price/Earnings6.39xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of THE SOUTH INDIAN BANK

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 THE SOUTH INDIAN BANK is calculated as :

Current Market Cap [ ₹7,138.8 Cr] as on Mar 28,2024

(/) Earnings [ ₹1,116.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 6.39x ]

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

Thus, for THE SOUTH INDIAN BANK , the investors are currently willing to pay 6.39 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 SOUTH INDIAN 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 SOUTH INDIAN BANK over the last five years.

Historical PE (Price/Earnings) ratio chart of THE SOUTH INDIAN BANK


PE Ratio Performance Analysis for THE SOUTH INDIAN BANK

- THE SOUTH INDIAN BANK 's latest p/e ratio is 6.39x.

- THE SOUTH INDIAN BANK 's p/e ratio for fiscal years ending Mar2023 to Mar2022 averaged 19.54x.

- THE SOUTH INDIAN BANK 's operated at median p/e ratio of 35.12x from fiscal years ending March 2018 to 2022.

- Looking back at the last 2 fiscal years, THE SOUTH INDIAN BANK 's p/e ratio peaked in Mar2022 at 35.12x.

- THE SOUTH INDIAN BANK 's p/e ratio hit its five-year low in Mar2023 of 3.95x.


How does THE SOUTH INDIAN BANK 's P/E Ratio benchmark against top 10 peers in Bank - Private Industry?

Peer Comparison (Bank - Private Industry)Earnings-TTM (Cr)PE RatioMarket Cap
THE SOUTH INDIAN BANK 1,116.386.397,138.8
HDFC BANK LTD60,067.6018.321,100,180.0
ICICI BANK LTD43,019.2017.89769,544.0
KOTAK MAHINDRA BANK LTD17,264.1020.56355,003.0
AXIS BANK LTD13,438.8024.08323,549.0
INDUSIND BANK LTD8,671.2713.96121,083.0
IDBI BANK LTD5,315.1516.3787,008.4
YES BANK LTD1,024.1265.1766,741.5
IDFC FIRST BANK LTD3,026.5717.6153,300.2
AU SMALL FINANCE BANK LTD1,588.6123.8237,844.5
THE FEDERAL BANK LTD3,894.719.3936,566.8

Bank - Private Industry Benchmark (Top 10) PE Analysis vs THE SOUTH INDIAN BANK 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 6.39x
Max industry PE 65.17x
Median industry PE 17.89x
Average industry PE 21.23x



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