ALLAHABAD Price to Earning

<div class='circular--portrait' style='background:#FF6600;color: #f7f7f7;font-size:4em;padding-top: 25px;;'>AB</div>
ALBK -- India Stock  

INR 7.50  0.10  1.32%

ALLAHABAD BANK price to earning fundamental analysis lookup allows you to check this and other indicators for ALLAHABAD BANK or any other equity instrument. You can also select from a set of available indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations. Please continue to Equity Screeners to view more equity screening tools

Search Price to Earning

 
Refresh

ALLAHABAD Price to Earning Analysis

Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
As of March 4, 2020, Allahabad Bank was acquired by Indian Bank. Allahabad Bank was founded in 1865 and is headquartered in Kolkata, India. ALLAHABAD BANK operates under BanksRegional classification in India and is traded on National Stock Exchange of India. It employs 23210 people.
P/E 
 = 
Market Value Per Share 
Earnings Per Share 
More About Price to Earning | All Equity Analysis

Current ALLAHABAD BANK Price to Earning

(16.96) 

About Price to Earning

Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings. Compare to competition
Based on latest financial disclosure the price to earning indicator of ALLAHABAD BANK is roughly -16.96 times. This is 192.78% lower than that of the Financial Services sector, and significantly lower than that of Banks?Regional industry, The Price to Earning for all stocks is 159.05% higher than the company.

Did you try this?

Run Competition Analyzer Now

   

Competition Analyzer

Analyze and compare many basic indicators for a group of related or unrelated entities
All  Next Launch Module

ALLAHABAD Fundamentals

About ALLAHABAD BANK Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze ALLAHABAD BANK's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ALLAHABAD BANK using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ALLAHABAD BANK based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way. Please read more on our fundamental analysis page.
As of March 4, 2020, Allahabad Bank was acquired by Indian Bank. Allahabad Bank was founded in 1865 and is headquartered in Kolkata, India. ALLAHABAD BANK operates under BanksRegional classification in India and is traded on National Stock Exchange of India. It employs 23210 people.

 
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page