Published on 22 Sep 2019 on Simply Wall St. via Yahoo Finance
Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. To keep it practical, we'll show how Kotak Mahindra Bank Limited's (NSE:KOTAKBANK) P/E ratio could help you assess the value on offer. Looking at earnings over the last twelve months, Kotak Mahindra Bank has a P/E ratio of 37.27. In other words, at today's prices, investors are paying ₹37.27 for every ₹1 in prior year profit.
View our latest analysis for Kotak Mahindra Bank