What is the P E ratio of Fedbank Financial Services?
Price-To-Earnings vs Peers: FEDFINA is expensive based on its Price-To-Earnings Ratio (21.1x) compared to the peer average (14.4x).
| COMPANY | PRICERs. | P/E |
|---|---|---|
| Fedbank Financial | 124.90 | 25.61 |
| Sindhu Trade Links | 25.65 | 83.47 |
| Muthoot Microfin | 230 | 23.93 |
| Indostar Capital Fin | 245 | 26.65 |
Average P/E Ratio for the Financial Services Industry
Specifically, investors study the P/E ratios of brokerage firms, banking operations, asset managers, as well as debt and credit service providers. To cite an actual example, on August 2021, the average P/E ratio of the financial services industry was 7.60.
Typically, the average P/E ratio is around 20 to 25. Anything below that would be considered a good price-to-earnings ratio, whereas anything above that would be a worse P/E ratio.
As of today (2024-04-12), Bank of America's share price is $35.61. Bank of America's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $3.07. Therefore, Bank of America's PE Ratio for today is 11.60.
In my piece on Lloyds TSB (NYSE:LYG) , I wrote that banks usually trade at lower price-to-earnings ratios to the market, because they are considered riskier investments as a result of their high use of debt.
P/E ratio as of April 2024 (TTM): 75.1
According to FICO's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 75.112.
Strong customer loyalty, profitable store growth, and consistently higher profitability have led to an ever-increasing share price. That means you'll pay up to buy the shares. Costco's price-to-earnings (P/E) ratio stands at 49. That's much higher than the S&P 500's P/E multiple of 27.
Very low vs very high PE ratios
It is arguable that a PE of five or less is not a remarkable bargain. While it might look as if the company's prospects are being viewed too negatively, it is not a bad rule of thumb to filter out companies with a PE below this level.
Warren Buffett wrote “Common yardsticks such as dividend yield, the ratio of price to earnings or to book value, and even growth rates have nothing to do with valuation except to the extent they provide clues to the amount and timing of cash flows into and from the business.”
What is the PE ratio of the S&P 500?
Basic Info
S&P 500 P/E Ratio is at a current level of 24.79, up from 23.27 last quarter and up from 22.23 one year ago. This is a change of 6.51% from last quarter and 11.53% from one year ago. The S&P 500 PE Ratio is the price to earnings ratio of the constituents of the S&P 500.
Why is Amazon PE Ratio so high? Amazon's P/E ratio is higher than most companies in the retail industry because investors are optimistic about its future growth potential. As mentioned, a high price multiple can indicate the market expects higher growth from a company.
P/E 30 Ratio Explained
A P/E of 30 is high by historical stock market standards. This type of valuation is usually placed on only the fastest-growing companies by investors in the company's early stages of growth. Once a company becomes more mature, it will grow more slowly and the P/E tends to decline.
The P/E ratio also helps investors determine a stock's market value compared with the company's earnings. That is, the P/E ratio shows what the market is willing to pay today for a stock based on its past or future earnings.
- Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR-A)
- Peabody Energy Corporation (NYSE:BTU)
- Vermilion Energy Inc. (NYSE:VET)
- Cogent Communications Holdings, Inc. ...
- Stellantis N.V. (NYSE:STLA)
- Northern Trust Corporation (NASDAQ:NTRSO)
- Enel Chile S.A. (NYSE:ENIC)
- UBS Group AG (NYSE:UBS)
P/E ratio as of April 2024 (TTM): 60.3
According to Equifax's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 60.2706. At the end of 2022 the company had a P/E ratio of 34.2.
P/E ratio as of April 2024 (TTM): -19.7
According to Robinhood's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -19.7204. At the end of 2022 the company had a P/E ratio of -6.90.
By comparison, the median forward price-to-earnings, or P/E, ratio for all banks in this analysis was 12.9x. S&P Global Market Intelligence analyzed U.S. banks that appear to be valued more as a multiple of earnings than tangible book value.
Analysis. Walmart's p/e ratio for fiscal years ending January 2020 to 2024 averaged 33.0x. Walmart's operated at median p/e ratio of 30.9x from fiscal years ending January 2020 to 2024. Looking back at the last 5 years, Walmart's p/e ratio peaked in January 2022 at 48.4x.
The P/E is probably high because investors think the company will continue to navigate the broader market headwinds better than most. If not, then existing shareholders might be a little nervous about the viability of the share price.
Which stock has highest PE ratio now?
| S.No. | Name | P/E |
|---|---|---|
| 1. | Waaree Renewab. | 212.41 |
| 2. | Panorama Studios | 100.19 |
| 3. | KP Green Engg. | 196.08 |
| 4. | Doms Industries | 110.81 |
The PE ratio for Microsoft stock stands at 37.35 as of Apr 16, 2024. This takes into account the latest EPS of $11.1 and stock price of $414.58. An increase of 14% has been observed in the PE ratio compared to its average of 32.6 of the past four quarters.
Tesla's P/E has fallen from that outlandish 188.43, to 45.17 (as of February 23rd) – still too high. Compare that to GM's 5.44, Ford's 11.29, Honda's 9.40, and Toyota's 10.60 – all well below what is considered “typical” for P/E Ratios.
Despite concerns about Nvidia being caught in a bubble, its strong fundamentals and growth potential suggest the stock could be on a stable path.
Warren Buffett once said, “The first rule of an investment is don't lose [money]. And the second rule of an investment is don't forget the first rule. And that's all the rules there are.”
