IndoStar Capital Finance Forward P/E
What is the Forward P/E of IndoStar Capital Finance?
The Forward P/E of IndoStar Capital Finance Limited is 6.98
What is the definition of Forward P/E?
Forward price to earnings ratio is the ratio of a company’s stock price to the company’s estimated earnings per share for the next twelve months.
The forward price to earnings ratio is similar to trailing price to earnings ratio but instead of net income uses estimated net earnings over next 12 months. Estimates are typically derived as the mean of those published by a select group of analysts with selection criteria varying. The forward price-to-earnings ratio is a powerful, but limited tool. It allows a quick snapshot of the company’s finances without getting down in the details of an accounting report.
Forward P/E of companies in the Finance sector on NSE compared to IndoStar Capital Finance
What does IndoStar Capital Finance do?
IndoStar Capital Finance Limited, a non-banking financial company, engages in the provision of various financing services to corporates, small and medium enterprises (SMEs), and individual customers in India. The company operates through four segments: Large Corporate, SME, Commercial Vehicle, and Housing Finance. It offers vehicle finance services, including loans for commercial vehicles, farm equipment, four and two-wheelers, and construction equipment, as well as housing finance. The company also provides SME lending products for working capital, business expansion, or any other financing requirement; and corporate lending products, including secured corporate lending, real estate financing, capital market financing, special situation and acquisition financing, and debt capital market solutions. It operates through 404 branches in 22 states across India. The company was incorporated in 2009 and is based in Mumbai, India. IndoStar Capital Finance Limited is a subsidiary of BCP V Multiple Holdings Pte. Ltd.
Companies with forward p/e similar to IndoStar Capital Finance
- Fidelity Special Values PLC has Forward P/E of 6.97
- Cross Country Healthcares has Forward P/E of 6.97
- Southwest Airlines Co has Forward P/E of 6.97
- Resolute Mining has Forward P/E of 6.97
- Golden Star Resources has Forward P/E of 6.97
- Icade SA has Forward P/E of 6.97
- IndoStar Capital Finance has Forward P/E of 6.98
- Hertz Global has Forward P/E of 6.98
- Daseke Inc has Forward P/E of 6.98
- Kunlun has Forward P/E of 6.98
- KAZ Minerals Plc has Forward P/E of 6.99
- ams AG has Forward P/E of 6.99
- Institutions has Forward P/E of 6.99