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Shriram Finance - Stock

Shriram Finance P/E 2024

Shriram Finance P/E

12.82

Ticker

SHRIRAMFIN.NS

ISIN

INE721A01013

As of Jul 4, 2024, Shriram Finance's P/E ratio was 12.82, a 45.35% change from the 8.82 P/E ratio recorded in the previous year.

The Shriram Finance P/E history

Shriram Finance Aktienanalyse

What does Shriram Finance do?

Shriram Transport Finance Company Ltd is an Indian financial company specializing in the financing of commercial vehicles. It was founded in Chennai in 1979 and is part of the Shriram Group, which operates in finance, insurance, real estate, and retail sectors. The company has a network of over 1,600 branches nationwide and offers various financing services for commercial vehicles, including loans for purchase, renovation, or repair. Additionally, the company provides insurance and leasing services. It has also expanded into agricultural financing and real estate project financing. Shriram Transport Finance Company Ltd has established itself as a key player in the Indian financial sector, offering a wide range of services and increasing its market share. Shriram Finance ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Shriram Finance's P/E Ratio

The Price to Earnings (P/E) Ratio of Shriram 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 Shriram 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 Shriram 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 Shriram 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 Shriram Finance stock

What is the price-to-earnings ratio of Shriram Finance?

The price-earnings ratio of Shriram Finance is currently 12.82.

How has the price-earnings ratio of Shriram Finance changed compared to last year?

The price-to-earnings ratio of Shriram Finance has increased by 45.35% 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 Shriram Finance high compared to other companies?

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

How does an increase in the price-earnings ratio of Shriram Finance affect the company?

An increase in the price-earnings ratio of Shriram 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 Shriram Finance affect the company?

A decrease in the price-earnings ratio of Shriram 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 Shriram Finance?

Some factors that influence the price-earnings ratio of Shriram Finance are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Shriram Finance pay?

Over the past 12 months, Shriram Finance paid a dividend of 25 INR . This corresponds to a dividend yield of about 0.88 %. For the coming 12 months, Shriram Finance is expected to pay a dividend of 27.27 INR.

What is the dividend yield of Shriram Finance?

The current dividend yield of Shriram Finance is 0.88 %.

When does Shriram Finance pay dividends?

Shriram Finance pays a quarterly dividend. This is distributed in the months of July, December, March, August.

How secure is the dividend of Shriram Finance?

Shriram Finance paid dividends every year for the past 23 years.

What is the dividend of Shriram Finance?

For the upcoming 12 months, dividends amounting to 27.27 INR are expected. This corresponds to a dividend yield of 0.96 %.

In which sector is Shriram Finance located?

Shriram Finance is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Shriram Finance kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Shriram Finance from 7/30/2024 amounting to 15 INR, you needed to have the stock in your portfolio before the ex-date on 7/23/2024.

When did Shriram Finance pay the last dividend?

The last dividend was paid out on 7/30/2024.

What was the dividend of Shriram Finance in the year 2023?

In the year 2023, Shriram Finance distributed 55 INR as dividends.

In which currency does Shriram Finance pay out the dividend?

The dividends of Shriram Finance are distributed in INR.

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Andere Kennzahlen von Shriram Finance

Our stock analysis for Shriram 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 Shriram Finance Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.