Repco Home Finance P/E
What is the P/E of Repco Home Finance?
The P/E of Repco Home Finance Limited is 11.66
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 Repco Home Finance
What does Repco Home Finance do?
Repco Home Finance Limited operates as a housing finance company in India. It provides housing loans for the construction or purchase of homes; loans for the repairs, renovation, and/or extension/improvement of residential properties; loans for the purchase of plot for construction of a house; loans to non-resident Indians for the construction/purchase of house in India; loans against the mortgage of immovable property; and loans for the purchase and/or construction of non-residential and commercial properties. The company also offers loans for the construction/purchase of integrated buildings comprising residential and commercial structure; home loans to salaried individuals; and loans for construction on land owned by borrower's parents. As of March 31, 2021, it operated through a network of 153 branches and 24 satellite centers located in Tamil Nadu, Karnataka, Andhra Pradesh, Telangana, Kerala, Maharashtra, Odisha, West Bengal, Gujarat, Madhya Pradesh, Jharkhand, and the Union Territory of Puducherry. The company was incorporated in 2000 and is based in Chennai, India.
Companies with p/e similar to Repco Home Finance
- Alerus has P/E of 11.64
- Zijin Mining has P/E of 11.64
- Skyworks Solutions has P/E of 11.64
- Brave Bison plc has P/E of 11.65
- Brookfield Asset Management Ltd has P/E of 11.65
- Gujarat Ambuja Exports has P/E of 11.65
- Repco Home Finance has P/E of 11.66
- Omnicom has P/E of 11.66
- Prime Dividend has P/E of 11.66
- China Lesso has P/E of 11.66
- South Plains Inc has P/E of 11.66
- Apollo Global Management Inc has P/E of 11.66
- KAZ Minerals Plc has P/E of 11.66