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Rita Finance And Leasing Ltd PE Ratio

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Rita Finance and Leasing Ltd

NSE: RITAFINANCEAND

PE

156.8

Last updated on: Jan 14, 2025

Key Highlights

  • The P/E Ratio of Rita Finance and Leasing Ltd is 156.8 as of 14 Jan 9.00 AM .
  • The P/E Ratio of Rita Finance and Leasing Ltd changed from 37.3 on March 2023 to 43.9 on March 2024 . This represents a CAGR of 8.49% over 2 years.
  • The Latest Trading Price of Rita Finance and Leasing Ltd is ₹ 20.38 as of 14 Jan 15:30 .
  • The PE Ratio of Finance Industry has changed from 11.2 to 17.8 in 5 years. This represents a CAGR of 9.71%.
  • The PE Ratio of Automobile industry is 20.3. The PE Ratio of Finance industry is 17.8. The PE Ratio of IT - Software industry is 30.4. The PE Ratio of Retail industry is 157.6. The PE Ratio of Textiles industry is 36.9 in 2024.

Historical P/E Ratio of Rita Finance and Leasing Ltd

No data available

Company Fundamentals for Rita Finance and Leasing Ltd

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Rita Finance and Leasing Ltd

NSE: RITAFINANCEAND

Share Price

₹ 20.38

0.71 (3.61%)

stock direction

Last updated on: Jan 14, 2025

Market Price of Rita Finance and Leasing Ltd

1M

1Y

3Y

5Y

Monitoring Rita Finance and Leasing Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
14 Jan 202520.38
13 Jan 202519.67
10 Jan 202519.28
09 Jan 202519.42
08 Jan 202520.02
07 Jan 202519.9
06 Jan 202520.09
03 Jan 202520.37
02 Jan 202519.81
01 Jan 202520.3

BlinkX Score for Rita Finance and Leasing Ltd

Asset Value vs Market Value of Rita Finance and Leasing Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/E Ratio

Company
leftMarket Capright
Rita Finance and Leasing Ltd20.38
Bajaj Finance Ltd453994
Bajaj Finserv Ltd273388
Jio Financial Services Ltd173445
Power Finance Corporation Ltd137763

PE Ratio of Rita Finance and Leasing Ltd Explained

``

20.38

Market cap

0

Earnings

156.8X

PE 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 Finance Industry over time

PE Ratio of Top Sectors

Historical Market Cap of Rita Finance and Leasing Ltd

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Rita Finance and Leasing Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Historical Dividend Payout of Rita Finance and Leasing Ltd

No data available

* All values are in %

About Rita Finance and Leasing Ltd

  • Rita Finance and Leasing Limited was originally incorporated as a Limited Company with name of 'Rita Holdings Limited' on 19th May, 1981.
  • The Company commenced its business on September 3, 1981.
  • The name of the Company got changed from Rita Holdings Limited to Rita Finance and Leasing Limited effective on November 3, 2017. The Company's Shares was listed on BSE and MSEI i:e Metropolitan Stock Exchange of India Limited on 13 March, 2015 and registered with Reserve Bank of India as Non Banking Financial Company on 10 August, 1998.
  • The Company is engaged in the business of trading in securities and providing loans and advances.
  • The financial parameters of the Company are the indicators of its performance and the Company is able to stand among the other players in the Finance Industry. During the year 2018, the Company got approval of Members in the Extra Ordinary General Meeting held on 12th January 2017 vide notice of EGM approved on the Board Meeting dated December 15, 2016 and as per listed Public Limited NBFC, Company got approval on October 18, 2017.

Rita Finance and Leasing Ltd News Hub

Rita Finance & Leasing AGM scheduled

Rita Finance & Leasing announced that the Annual General Meeting (AGM) of the company will be held o

Read more

2024-09-14 00:00:00

Rita Finance & Leasing announces board meeting date

Rita Finance & Leasing will hold a meeting of the Board of Directors of the Company on 14 October 20

Read more

2024-10-05 00:00:00

Rita Finance and Leasing standalone net profit declines 69.57% in the September 2024 quarter

Net profit of Rita Finance and Leasing declined 69.57% to Rs 0.07 crore in the quarter ended Septemb

Read more

2024-10-15 00:00:00

Rita Finance & Leasing to convene board meeting

Rita Finance & Leasing will hold a meeting of the Board of Directors of the Company on 11 January 20

Read more

2025-01-06 00:00:00

Product Composition by Percentage (Revenue)

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Annual Reports

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Credit Ratings

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Concalls

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FAQs for PE of Rita Finance and Leasing Ltd

What is the current PE Ratio of Rita Finance and Leasing Ltd?

The Current PE Ratio of Rita Finance and Leasing Ltd is 156.77 as on 14 Jan 2025.

What is the average PE Ratio of the Finance industry?

The average industry PE Ratio of Finance is 17.8 as on 14 Jan 2025.

What was the PE Ratio of Rita Finance and Leasing Ltd last year?

The PE Ratio of Rita Finance and Leasing Ltd was 37.35 last year, now the PE ratio is 156.77, showing a year-on-year growth of 319.7%.

What does the PE Ratio of Rita Finance and Leasing Ltd indicate about its stock?

The PE Ratio of Rita Finance and Leasing Ltd is 156.77. This ratio indicates that investors are willing to pay 156.77 times the earnings per share for each share of Rita Finance and Leasing Ltd.

What is the PE Ratio Growth of Rita Finance and Leasing Ltd in comparison to its Earnings per Share (EPS) growth rate?

The PE Ratio of Rita Finance and Leasing Ltd grew by 319.7% whereas, the EPS ratio grew by -57.1.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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