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VLS FINANCE
PE (Price/Earnings) Ratio

The Current P/E Ratio of VLS FINANCE is 3.93.

Share Price ₹264.8Apr 26,2024
Market Cap ₹921.5 Cr
Earnings-TTM₹234.6 CrTTM-Consolidated Results
Price/Earnings3.93xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of VLS FINANCE

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 VLS FINANCE is calculated as :

Current Market Cap [ ₹921.5 Cr] as on Apr 26,2024

(/) Earnings [ ₹234.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 3.93x ]

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

Thus, for VLS FINANCE , the investors are currently willing to pay 3.93 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 VLS FINANCE !

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 VLS FINANCE over the last five years.

Historical PE (Price/Earnings) ratio chart of VLS FINANCE


PE Ratio Performance Analysis for VLS FINANCE

- VLS FINANCE 's latest p/e ratio is 3.93x.

- VLS FINANCE 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.48x.

- VLS FINANCE 's operated at median p/e ratio of 2.94x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, VLS FINANCE 's p/e ratio peaked in Mar2023 at 9.36x.

- VLS FINANCE 's p/e ratio hit its five-year low in Mar2019 of 0x.


How does VLS FINANCE 's P/E Ratio benchmark against top 10 peers in Finance - Investment Industry?

Peer Comparison (Finance - Investment Industry)Earnings-TTM (Cr)PE RatioMarket Cap
VLS FINANCE 234.553.93921.5
BAJAJ FINSERV LTD15,587.3016.35254,816.0
CHOLAMANDALAM FINANCIAL HOLDINGS LTD3,612.225.6420,356.0
CAPRI GLOBAL CAPITAL LTD261.7270.8118,532.3
AUTHUM INVESTMENT & INFRASTRUCTURE LTD4,685.403.0914,495.4
IIFL FINANCE LTD2,001.128.7917,597.9
KAMA HOLDINGS LTD1,481.835.968,827.0
JSW HOLDINGS LTD116.5965.407,624.3
RELIGARE ENTERPRISES LTD3,683.541.957,199.2
JM FINANCIAL LTD734.9510.657,825.4
SUNDARAM FINANCE HOLDINGS LTD36.45147.395,372.7

Finance - Investment Industry Benchmark (Top 10) PE Analysis vs VLS FINANCE 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 1.95x
Max industry PE 147.39x
Median industry PE 8.79x
Average industry PE 30.91x



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