PTC India Services P/E
What is the P/E of PTC India Services?
The P/E of PTC India Financial Services Limited is 28.90
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 PTC India Services
What does PTC India Services do?
PTC India Financial Services Limited, a non-banking finance company, provides various financing solutions. It offers fund based/non-fund based financial assistance in the form of debt or structured debt instruments, such as term debt or project debt, corporate debt, bridge debt, and bills discounting, as well as letters of comfort, credit enhancement schemes, and deferred payment guarantees. The company also acts as underwriter, lead FI, syndicator, security and facility agent, project appraiser, and DPR consultant/preparer. In addition, it invests in green-field and brown-field projects. The company was incorporated in 2006 and is based in New Delhi, India. PTC India Financial Services Limited is a subsidiary of PTC India Limited.
Companies with p/e similar to PTC India Services
- Tikkurila Oyj has P/E of 28.81
- Northway has P/E of 28.84
- Hubbell has P/E of 28.85
- Airbus SE has P/E of 28.88
- J.B. Hunt Transport Services has P/E of 28.88
- Pool has P/E of 28.90
- PTC India Services has P/E of 28.90
- Befesa SA has P/E of 28.91
- Molson Coors Beverage has P/E of 28.93
- CFM Indosuez Wealth Management SA has P/E of 28.93
- Synlab Ag Inh O.N has P/E of 28.95
- Greentown Service Co has P/E of 28.96
- Insteel Industries has P/E of 28.97