Home

Insights

Dhanlaxmi Bank Ltd P/E Ratio

Dhanlaxmi Bank Ltd P/E Ratio

download
stocks purchased

₹ 0.1 Cr

Volume transacted

stocks purchased

27.9 K

stocks traded

Image

Dhanlaxmi Bank Ltd

NSE: DHANBANK

PE

11.4

Last updated : 21 May 04:51 AM

Key Highlights

    The P/E Ratio of Dhanlaxmi Bank Ltd is 11.4 as of 21 May 04:51 AM .a1#The P/E Ratio of Dhanlaxmi Bank Ltd changed from 37.7 on March 2019 to 7.4 on March 2023 . This represents a CAGR of -27.79% over 5 years. a1#The Latest Trading Price of Dhanlaxmi Bank Ltd is ₹ 42.4 as of 18 May 15:30 .a1#The PE Ratio of Banks Industry has changed from 413.8 to 13.7 in 5 years. This represents a CAGR of -49.42%a1# The PE Ratio of Automobile industry is 27.2. The PE Ratio of Banks industry is 13.7. The PE Ratio of Finance industry is 13.6. The PE Ratio of IT - Software industry is 27.9. The PE Ratio of Retail industry is 94.8. The PE Ratio of Textiles industry is 21.1. In 2023a1#The Market Cap of Dhanlaxmi Bank Ltd changed from ₹ 438.98 crore on March 2019 to ₹ 365.6 crore on March 2023 . This represents a CAGR of -3.59% over 5 years. a1#The Revenue of Dhanlaxmi Bank Ltd changed from ₹ 236.82 crore to ₹ 343.42 crore over 7 quarters. This represents a CAGR of 23.66% a1#The EBITDA of Dhanlaxmi Bank Ltd changed from ₹ 114.64 crore to ₹ 196.77 crore over 7 quarters. This represents a CAGR of 36.17% a1#The Net Profit of Dhanlaxmi Bank Ltd changed from ₹ -26.43 crore to ₹ 3.05 crore over 7 quarters. This represents a CAGR of NaN% a1#The Dividend Payout of Dhanlaxmi Bank Ltd changed from 0 % on March 2019 to 0 % on March 2023 . This represents a CAGR of 0.0% over 5 years. a1#

Open Demat Account

Lead form image

+91

50 Years

of Trust & Legacy

₹0 AMC

for First Year

₹0 Brokerage

on Delivery, Intraday, Currency and NSE F&O

*By signing up you agree to our terms & conditions

×

P/E Ratio Over Time

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share. P/E Ratio Formula P/E ratio = (CMP of share/ Earning per share) Types of Price to Earning Ratio 1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance. 2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

P/E Ratio Over Time

Period
Mar '1937.7
Mar '203.1
Mar '2110.1
Mar '228.7
Mar '237.4

Fundamental Metrics

Market Cap

1,072 Cr

EPS

3.7

P/E Ratio (TTM) *

11.4

P/B Ratio (TTM) *

1.2

Day’s High

42.59

Day’s Low

42.1

DTE *

NaN

ROE *

9.0

52 Week High

58.7

52 Week Low

16.39

ROCE *

1.3

* All values are consolidated

* All values are consolidated

Image

Dhanlaxmi Bank Ltd

NSE: DHANBANK

PRICE

42.4

0.15(0.36%)

stock direction

Last updated : 18 May 15:30

×

PRICE

The current market price or CMP refers to the price at which the securities are trading in the share market. Current price in Over-the-counter costs: The following current price depends upon the bid price & the asking price when a financial asset is sold over-the-counter(OTC). Current Price in Bond Market: The current price of a bond is determined by measuring the actual interest rate against the bid-related interest rate. The par or the face value is then calculated to represent the remaining interest payments due which occur before the maturity of the bond.

Share price Over Time

1M

1Y

3Y

5Y

* All values are in Rupees

SWOT Analysis Of Dhanlaxmi Bank Ltd

Strength

1

S

Weakness

0

W

Opportunity

0

O

Threats

1

T

Asset Value vs Market Value

Market Value

1,057

-0.3 X

Value addition

Asset Value

1,538

* All values are in Rupees

PE Ratio Over Market Cap

Key Valuation Metric

Earnings

92 Cr

11.4 X

PE Ratio

Market Cap

₹1056Cr

PE Ratio

PS Ratio

PB Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio

PS Ratio

PB Ratio

Earnings

92 Cr

11.4 X

PE Ratio

Market Cap

₹1056Cr

PE Ratio

PS Ratio

PB Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio of Banks Industry over time

PE Ratio of Top Sectors

Dhanlaxmi Bank Ltd PE Ratio Calculation

  • The Price-to-Earnings (PE) ratio, also known as the P/E Ratio, is a fundamental financial metric used to assess the valuation of a company's stock in relation to its earnings performance. For Dhanlaxmi Bank Ltd, the PE Ratio is calculated as follows:

P/E Ratio

=

Market Capitalization

Net Income

  • Given the current market conditions, Dhanlaxmi Bank Ltd's Share Price stands at 42.4. The Earnings per Share (Diluted) for the trailing twelve months (TTM) ending in 2024-05-18T00:00:00 is 3.66. Substituting the values into the formula, PE Ratio becomes as follows: PE Ratio = 42.4/ 3.66= 11.41.

P/E Ratio

=

Stock Price

Earning Per Share

  • This indicates that Dhanlaxmi Bank Ltd's stock is trading at approximately 11.41 times its earnings per share for the trailing twelve months. Alternatively, the PE Ratio can also be computed using the company's overall financial performance: PE Ratio = Market Cap / Net Income. Where Market Cap represents the total market capitalization of the company, and Net Income signifies the total earnings after expenses and taxes.

Understanding Dhanlaxmi Bank Ltd’s PE Ratio (BSE: DHANBANK)

    The Price-to-Earnings (PE) ratio, used to assess Dhanlaxmi Bank Ltd's stock (BSE: DHANBANK), indicates how many years it would take for the company to earn back the stock price. If a company earns ₹2 per share annually and its stock trades at ₹30, the PE ratio is 15, signifying a 15-year payback period assuming steady earnings. Earnings fluctuate, affecting the payback period, Growing earnings shorten the recovery time while declining earnings extend it. Shareholders favor shorter payback periods, preferring lower PE stocks. Among stocks with the same PE ratio, faster-growing businesses are preferred. A company with losses makes the PE ratio meaningless. Peter Lynch introduced the PEG ratio to compare stocks with different growth rates, dividing the PE ratio by the growth rate. A company is considered fairly valued when its PE ratio matches its growth rate. The PE ratio, applicable across industries, measures stock valuation based on earnings power. It indicates how quickly an investment can be recouped. Unlike the PB ratio, which assesses valuation based on the balance sheet, the PE ratio focuses on earnings. Overall, the PE ratio provides insights into stock valuation, aligning with investors' preference for faster returns.

×

Market Cap Over Time

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Market Cap Over Time

Period
Mar '19439
Mar '20204
Mar '21375
Mar '22313
Mar '23366

* All values are a in crore

×

Revenue Over Time

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Revenue Over Time

Period
Jun '22237
Sep '22285
Dec '22312
Mar '22311
Jun '23341
Sep '23327
Dec '23343

* All values are a in crore

×

EBITDA Over Time

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

EBITDA Over Time

Period
Jun '22115
Sep '22162
Dec '22171
Mar '22179
Jun '23201
Sep '23209
Dec '23197

* All values are a in crore

×

Net Profit Over Time

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Net Profit Over Time

Period
Jun '22-26
Sep '2216
Dec '2222
Mar '2238
Jun '2328
Sep '2323
Dec '233

* All values are a in crore

×

Dividend Payout Over Time

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Dividend Payout Over Time

Period
Mar '190
Mar '200
Mar '210
Mar '220
Mar '230

* All values are a in %

About Dhanlaxmi Bank Ltd

About Dhanlaxmi Bank Ltd

    Dhanalakshmi Bank Limited was incorporated on 14th November 1927 by a group of enterprising entrepreneurs at Thrissur, the cultural capital of Kerala with a Capital of Rs.11,000/- and had only 7 employees. It became a Scheduled Commercial Bank in the year 1977. It has today attained national stature with 181 branches and 26 Extension Counters spread over the States of Kerala, Tamil Nadu, Karnataka, Andhra Pradesh, Maharashtra, Gujarat, Delhi and West Bengal. Between 1927 to 1937, its services were localised in Thrissur. In 1937, it extended its service to Ernakulam and Palghat by opening branches there. By 1947, DBL's deposits generated stood at Rs 31 lac. In 1962, it took over three banks -- Lakshmi Prasad Bank, Radhakrishna Bank and Parli Bank. Subsequently, it further expanded its network throughout Kerala, and then in Tamilnadu, Andhra Pradesh and Karnataka in 1978. With this, DBL's operations covered the entire southern India apart from its strong presence in Kerala. The period covering 1985-90 saw the bank opening up its first branch outside southern India, in Bombay. It started dealing in other segments of banking such as bills discounting, letter of credit, etc. Two prominent religious trusts -- Sabarimala and Guruvayoor Devasom Board, are among its host of clients. In 1993, the bank obtained restricted foreign exchange licence, to maintain rupee accounts of non-residents. DBL also ventured into new areas such as consumer banking, corporate banking and merchant banking. In Mar.'96, DBL came out with a public issue of 80 lac equity shares of Rs 10 each for cash at a premium of Rs 40 per share aggregating Rs 40 cr, to strengthen the capital base for meeting statutory capital adequacy norms and to obtain the listing of shares on the stock exchanges. There was a restructure of the capital of the bank during 2000-01, by conversion of partly paid shares to fully paid shares on a pro-rata basis.This has resulted in the reduction of subscribed and paid up capital of the bank from Rs.14.66 crores to Rs.13.74 crores. The reduction of Rs.0.92 crores representing premium was transferred to Share Premium Account. To Comply with the stipulation of RBI to increase the networth to a minimum of Rs.100 crores,DBL went for a Right Issue of capital to the tune of Rs.27,47,50,500 (1,83,16,700 equity shares of Rs.10/- at a premium of Rs.5). The ratio for the rights issue were 4 equity shares for every 3 shares held and the issue were oversubscribed. The Bank is techno savvy and has deployed technology widely as an instrument for enhancing the quality of customer service. It has introduced Centralised Banking Solution (CBS) on the Flexcube Platform for extending Anywhere/Anytime banking to its clientele through multiple delivery channels. The Bank has deployed CBS in 150 branches covering nearly 95% of total business. The Bank has set-up a state-of-the-art Data Centre in Bangalore, to keep the networked system operational 24 hours a day and 7 days a week. The Bank lays stress on customizing services and personalizing relations. It has introduced in November 2005 an International Debit Card with tie-up with M/s Visa International. In another customer-friendly move, the Bank has joined CASHNET, the first independent nation-wide shared ATM network in India and the National Financial Switch (ATM network) of the IDRBT, promoted by Reserve Bank of India. By joining Cashnet and NFS, our customers have been provided access to more than 14,000 ATMs in the country. The Bank has installed 63 networked ATMs thus far at centres of high banking activity. The Bank has introduced tele-banking in 50 branches and Internet banking in 84 branches. It has also put in place a Cash Management System (CMS) that provides speedier cheque collection through 59 branches. The Bank has put in place Real Time Gross Settlement (RTGS) System to facilitate large value inter-bank payments and settlements in real time on-line mode on a transaction-by-transaction basis. It is in the process of extending RTGS to customer transactions. The Bank has ventured into both life and non-life insurance. It is selling life insurance products of M/s. MetLife India, a renowned global player in this segment and non-life insurance products of M/s. Iffco Tokio, as their corporate agent. The Bank is also a depository participant of NSDL (National Security Depository Limited) offering Demat services through selected branches. With a view to making available value-added services to the NRIs, the Bank has set up NRI Boutiques (Relationship Centres) at 8 locations in the State of Kerala. The Bank has also plans to open specialized NRI branches with accent on quality of service and thrust on specialisation at potential locations. As at the end of March 2006, the Bank had rupee drawing arrangements with 7 Exchange Houses in the Middle East. The Bank's Industrial Finance Branch at Kochi and Corporate Office, Trichur have been accredited with certification under ISO 9001-2000. On the socio-economic front, the Bank is a leading player in dispensation of Micro Credit among Kerala-based Private Sector Banks. As at the end of March 2006, the outstandings under micro credit were Rs.55.63 crores. This involvement is part of the Bank's objective to act as catalysts for the economic prosperity of the country. The Bank has recognized micro finance intervention as an effective tool for poverty alleviation and has streamlined the linkage between the Bank and Self Help Groups through 100 branches. The Priority sector advances of the Bank as at 31st March 2006 constituting 43.84% of net bank credit well above the RBI benchmark of 40%. As on 31.03.2008, the Bank operated through a network of 181 Branches and 26 Extension Counters spread over 8 States besides 55 on-site and 13 off-site ATMs. The networth of the Bank as on 31.03.08 was Rs. 151.12 crore. The Bank completed, in April 2008, the Rights Issue for Rs.198.76 crore at a premium of Rs.52 per share on a 1:1 basis, through which, the allotment process was completed on 2nd May 2008. The issue enabled the Bank to increase its networth beyond Rs.300 crore prescribed by RBI. As on 31.03.2009, the Bank operated through a network of 181 Branches and 26 Extension Counters spread over 8 States besides 59 on-site and 13 off-site ATMs. The Bank opened 63 branches including 2 processing centres at Hyderabad and Thrissur, covering 14 states. It opened 208 additional ATMs across 13 states. Upgraded 26 extension counters into full fledged branches. Converted asset recovery branches at Coimbatore and Chennai into general category branches. In 2011, 5 branches and 179 ATMs were opened taking the customer outlets to 734 as on 31st March 2011. The Bank's customer outlets stood at 680, as on 31.03.12, comprising 268 branches, 400 ATMs and 12 processing centres. As on 31.03.2013, outlets stood at 676, comprising 268 branches, 396 ATMs and 12 processing centres. The Bank's customer outlets stood at 676 as on 31.03.2014, comprising 266 branches, 396 ATMs and 12 processing centres 1 treasury 1 ARB. The Bank's customer outlets stood at 678 as on 31.03.2015, comprising 266 branches, 398 ATMs and 12 processing centres. The Bank had opened two new ATM's during the year 2015. The Bank's customer outlets stood at 644 as on 31.03.2017, comprising 260 branches, 371 ATMs, 11 RPCs, CPC & Treasury. The Bank's customer outlets stood at 617 as on 31.03.2018, comprising 258 branches, 346 ATMs, 11 RPCs, CPC & Treasury. Bank had 250 branches as on 31st March, 2019 spread across 14 States and 1 Union Territory (Chandigarh) and 346 ATMs. As on 31.03.2020, it had 247 branches and 254 ATMs, had 245 branches and 257 ATMs as on 31st March, 2021, had 245 branches and 258 ATMs as on 31st March, 2022. It opened a new Regional Office at Hyderabad w.e.f. March 16, 2022. Bank had 253 branches as on 31st March, 2023 and 270 ATMs and 17 Business Correspondents. It further opened 8 new branches during the financial year 2022-23 in Manathavady, Cherpulassery, Koyilandy and Mattannur in Kerala State, Thanjavur and Tirunelveli in Tamil Nadu State, Karimnagar in Telangana State and Kurnool in Andhra Pradesh State.

Dhanlaxmi Bank Ltd News Hub

News

Dhanlaxmi Bank to discuss results

Dhanlaxmi Bank will hold a meeting of the Board of Directors of the Company on 22 May 2024...

Read more

15 May 2024 12:03

News

Dhanlaxmi Bank receives RBI nod for appointment of MD & CEO

Dhanlaxmi Bank has received the approval for the Reserve Bank of India for the appointment...

Read more

19 Apr 2024 09:37

News

Dhanlaxmi Bank gets RBI nod for appointing Ajith Kumar K.K as MD, CEO

The bank further stated that a meeting of the board of directors will be convened in due c...

Read more

19 Apr 2024 09:37

News

Dhanlaxmi Bank hits the roof after gross advances rises 6% YoY in Q4

On sequential basis, advances rose marginally during the quarter as compared with Rs 10,31...

Read more

03 Apr 2024 11:26

News

Dhanlaxmi Bank announces board meeting date

Dhanlaxmi Bank will hold a meeting of the Board of Directors of the Company on 22 March 20...

Read more

16 Mar 2024 09:50

News

Dhanlaxmi Bank announces board meeting date

Dhanlaxmi Bank will hold a meeting of the Board of Directors of the Company on 2 February ...

Read more

23 Jan 2024 16:21

Product Composition by Percentage (Revenue)

FAQs for PE of Dhanlaxmi Bank Ltd

What is Dhanlaxmi Bank Ltd current share price?

The current market price of Dhanlaxmi Bank Ltd as of May 21, 2024 is ₹42.40.

What is Dhanlaxmi Bank Ltd's market cap?

Dhanlaxmi Bank Ltd's market capitalisation stood at ₹1,056 Cr as of May 21, 2024

What are Dhanlaxmi Bank Ltd's total net assets?

According to Dhanlaxmi Bank Ltd's most recent financial filings, the company's net assets total ₹1538.1 Cr.

Is Dhanlaxmi Bank Ltd making a profit or loss?

Dhanlaxmi Bank Ltd's net Profit as of May 21, 2024 is close to ₹92 Cr.
up arrow
50yearstrust

Unlimited trading at just

Rs. 399

Rs. 199