Max Services P/E
What is the P/E of Max Services?
The P/E of Max Financial Services Limited is 132.83
What is the definition of P/E?
Price to earnings ratio is the ratio of a company’s stock price to the company’s earnings per share calculated over trailing twelve months.
= previous day’s close / ttm EPS
The price to earnings ratio is the most widely used method for determining whether shares are accurately valued in relation to one another. But the P/E ratio does not in itself indicate whether the share is a bargain. The P/E ratio depends on the market’s perception of the risk and future growth in earnings. A company with a low P/E ratio indicates that the market perceives it as a higher risk or a lower growth or both as compared to a company with a higher price to earnings ratio. The P/E ratio of a listed company’s stock is the result of the collective perception of the market as to how risky the company is and what its earnings growth prospects are in relation to that of other companies. Investors use the P/E ratio to compare their own perception of the risk and growth of a company against the market’s collective perception of the risk and growth as reflected in the current P/E ratio.
P/E of companies in the Finance sector on NSE compared to Max Services
What does Max Services do?
Max Financial Services Limited, through its subsidiary, Max Life Insurance Company Limited, provides life insurance products in India. The company offers a range of participating, non-participating, and linked products covering life insurance, pension, and health benefits, including riders for individual and group segments. Its products are distributed through individual and corporate agents, banks, brokers, and other channels. The company also engages in the treasury investment activities. The company was formerly known as Max India Limited and changed its name to Max Financial Services Limited in January 2016. Max Financial Services Limited was incorporated in 1988 and is based in Noida, India.
Companies with p/e similar to Max Services
- V-Guard Industries has P/E of 132.21
- Visio Nerf has P/E of 132.31
- Incitec Pivot has P/E of 132.37
- Spotify Technology S.A has P/E of 132.39
- Adani Transmissions has P/E of 132.44
- GCP Student Living Plc has P/E of 132.61
- Max Services has P/E of 132.83
- Tata Communications has P/E of 132.86
- JPMorgan Elect Managed Income has P/E of 132.89
- Chordia Food Products has P/E of 133.05
- Rail Vikas Nigam has P/E of 133.78
- China Satellite Communications Co has P/E of 133.88
- KPIT Technologies has P/E of 133.96