L&T Finance Stock

L&T Finance P/E 2024

L&T Finance P/E

17.17

Ticker

LTF.NS

ISIN

INE498L01015

As of Sep 7, 2024, L&T Finance's P/E ratio was 17.17, a 7.31% change from the 16 P/E ratio recorded in the previous year.

The L&T Finance P/E history

L&T Finance Aktienanalyse

What does L&T Finance do?

L&T Finance Holdings Ltd is part of the Larsen & Toubro Group, a diversified conglomerate from India, which has been operating in many industries for almost 80 years. L&T Finance was established in 1994 and has since grown to become one of India's leading financial service providers. The business model of L&T Finance is based on providing financial services to the consumer, infrastructure, micro, small and medium enterprises sector. The company offers various financing options to different customers, including individuals, companies, and institutions, for real estate, vehicles, consumer goods, projects, and business expansions. It closely collaborates with its parent company Larsen & Toubro to offer customers access to a wide range of products and services. L&T Finance has several divisions focusing on specific areas of the financial sector. One of the key divisions is infrastructure financing, which concentrates on financing large-scale projects such as airports, highways, rail, and hydroelectric power plants. The company works closely with the government and other private institutions to create a broader financing base and minimize ripple effects. Another important division is investment management, which focuses on intermediating investments in securities, funds, and insurance. It provides customers with personalized solutions tailored to their individual needs. The division helps mitigate risks and also offers investment options for small and medium enterprises. Another significant area of focus is business finance, which supports companies in their expansion efforts. L&T Finance collaborates closely with the corporate sector of Larsen & Toubro Limited to provide customers with a broader range of products and services. The company also offers retail services such as vehicle finance, personal loans, and consumer finance. These services are targeted at individuals and families looking to finance the purchase of items like furniture, electronics, and household appliances. As an innovative company, L&T Finance has driven growth through technology and digital platforms. The company utilizes AI-based tools and machine learning to identify customers and develop solutions to meet their needs. It has also developed a mobile app that allows customers to manage their accounts and conduct transactions. Overall, L&T Finance has established a leading position in the Indian market for financial services. The company aims to offer innovative solutions and services to meet its customers' financing needs. With the backing of its parent company's extensive processing and administrative infrastructure, and an advanced digital platform, L&T Finance is well positioned to drive growth in the Indian market. L&T Finance ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering L&T Finance's P/E Ratio

The Price to Earnings (P/E) Ratio of L&T Finance is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing L&T Finance's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of L&T Finance is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in L&T Finance’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about L&T Finance stock

What is the price-to-earnings ratio of L&T Finance?

The price-earnings ratio of L&T Finance is currently 17.17.

How has the price-earnings ratio of L&T Finance changed compared to last year?

The price-to-earnings ratio of L&T Finance has increased by 7.31% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of L&T Finance high compared to other companies?

Yes, the price-to-earnings ratio of L&T Finance is high compared to other companies.

How does an increase in the price-earnings ratio of L&T Finance affect the company?

An increase in the price-earnings ratio of L&T Finance would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of L&T Finance affect the company?

A decrease in the price-earnings ratio of L&T Finance would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of L&T Finance?

Some factors that influence the price-earnings ratio of L&T Finance are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does L&T Finance pay?

Over the past 12 months, L&T Finance paid a dividend of 2.5 INR . This corresponds to a dividend yield of about 1.51 %. For the coming 12 months, L&T Finance is expected to pay a dividend of 2.62 INR.

What is the dividend yield of L&T Finance?

The current dividend yield of L&T Finance is 1.51 %.

When does L&T Finance pay dividends?

L&T Finance pays a quarterly dividend. This is distributed in the months of April, August, August, July.

How secure is the dividend of L&T Finance?

L&T Finance paid dividends every year for the past 6 years.

What is the dividend of L&T Finance?

For the upcoming 12 months, dividends amounting to 2.62 INR are expected. This corresponds to a dividend yield of 1.59 %.

In which sector is L&T Finance located?

L&T Finance is assigned to the 'Finance' sector.

Wann musste ich die Aktien von L&T Finance kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of L&T Finance from 7/25/2024 amounting to 2.5 INR, you needed to have the stock in your portfolio before the ex-date on 6/18/2024.

When did L&T Finance pay the last dividend?

The last dividend was paid out on 7/25/2024.

What was the dividend of L&T Finance in the year 2023?

In the year 2023, L&T Finance distributed 2 INR as dividends.

In which currency does L&T Finance pay out the dividend?

The dividends of L&T Finance are distributed in INR.

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Andere Kennzahlen von L&T Finance

Our stock analysis for L&T Finance Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of L&T Finance Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.