Spandana Sphoorty Financial Limited engages in the microfinance business in India. The company provides income generation loans for low-income households; loans against the property; personal loans for business development, purchase of livestock, house construction/renovation, and other needs; gold loans for agriculture, business, and short-term liquidity needs; and interim loans, as well as business loans. It also offers loans for women to expand their existing income-generating activities, smoothening household cash flows, and acquiring productive assets. The company serves low-income customers in semi-urban and rural areas with approximately 982 branches. Spandana Sphoorty Financial Limited was founded in 1998 and is based in Hyderabad, India.
P/E ratio for Spandana Sphoorty Financial Limited (SPANDANA.NS)
P/E ratio as of 2023: 12.54
According to Spandana Sphoorty Financial Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.54. At the end of 2022 the company had a P/E ratio of 306.09.
P/E ratio history for Spandana Sphoorty Financial Limited from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio |
|---|---|
| 2023 | 12.54 |
| 2022 | 306.09 |
| 2021 | 30.88 |
| 2020 | 26.88 |
| 2019 | 10.45 |
| 2018 | 15.86 |
| 2017 | 26.88 |
| 2016 | 11.39 |
| 2015 | 20.77 |
| 2014 | 48.07 |
| 2013 | 1252.04 |
| 2012 | -1.41 |