Bajaj Finserv Ltd.

NSEI:BAJAJFINSV Stock Report

Market Cap: ₹2.5t

Bajaj Finserv Valuation

Is BAJAJFINSV undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of BAJAJFINSV when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: BAJAJFINSV (₹1569.65) is trading above our estimate of fair value (₹879.25)

Significantly Below Fair Value: BAJAJFINSV is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BAJAJFINSV?

Key metric: As BAJAJFINSV is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for BAJAJFINSV. This is calculated by dividing BAJAJFINSV's market cap by their current earnings.
What is BAJAJFINSV's PE Ratio?
PE Ratio29.4x
Earnings₹85.01b
Market Cap₹2.50t

Price to Earnings Ratio vs Peers

How does BAJAJFINSV's PE Ratio compare to its peers?

The above table shows the PE ratio for BAJAJFINSV vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average38.4x
JIOFIN Jio Financial Services
120.4xn/a₹1.9t
ABCAPITAL Aditya Birla Capital
13x13.7%₹485.1b
LTF L&T Finance
13.1x20.9%₹337.4b
PFC Power Finance
7.1x-0.4%₹1.5t
BAJAJFINSV Bajaj Finserv
29.4x25.4%₹2.5t

Price-To-Earnings vs Peers: BAJAJFINSV is good value based on its Price-To-Earnings Ratio (29.4x) compared to the peer average (38.4x).

Price to Earnings Ratio vs Industry

How does BAJAJFINSV's PE Ratio compare vs other companies in the IN Diversified Financial Industry?

5 CompaniesPrice / EarningsEstimated GrowthMarket Cap
531310 Available Finance
2.6xn/aUS$40.57m
539946 Bazel International
3.7xn/aUS$1.75m
538863 Sri Amarnath Finance
3.1xn/aUS$941.06k
501111 Gold Rock Investments
0.1xn/aUS$106.82k
BAJAJFINSV 29.4xIndustry Avg. 29.2xNo. of Companies19PE020406080100+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: BAJAJFINSV is expensive based on its Price-To-Earnings Ratio (29.4x) compared to the Indian Diversified Financial industry average (29.2x).

Price to Earnings Ratio vs Fair Ratio

What is BAJAJFINSV's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BAJAJFINSV PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio29.4x
Fair PE Ratio30.3x

Price-To-Earnings vs Fair Ratio: BAJAJFINSV is good value based on its Price-To-Earnings Ratio (29.4x) compared to the estimated Fair Price-To-Earnings Ratio (30.3x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst BAJAJFINSV forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹1,569.65
₹1,869.00
+19.1%
14.3%₹2,350.00₹1,350.00n/a10
Dec ’25₹1,579.95
₹1,868.18
+18.2%
13.7%₹2,350.00₹1,350.00n/a11
Nov ’25₹1,754.70
₹1,868.18
+6.5%
13.7%₹2,350.00₹1,350.00n/a11
Oct ’25₹1,975.25
₹1,844.58
-6.6%
14.2%₹2,350.00₹1,310.00n/a12
Sep ’25₹1,783.05
₹1,757.73
-1.4%
10.8%₹1,935.00₹1,310.00n/a11
Aug ’25₹1,634.80
₹1,752.73
+7.2%
10.6%₹1,930.00₹1,310.00n/a11
Jul ’25₹1,580.20
₹1,777.67
+12.5%
10.7%₹2,040.00₹1,330.00n/a12
Jun ’25₹1,528.60
₹1,784.00
+16.7%
10.3%₹2,040.00₹1,330.00n/a13
May ’25₹1,615.00
₹1,787.46
+10.7%
10.4%₹2,040.00₹1,330.00n/a13
Apr ’25₹1,646.00
₹1,793.08
+8.9%
10.8%₹2,040.00₹1,295.00n/a13
Mar ’25₹1,613.40
₹1,796.92
+11.4%
10.9%₹2,040.00₹1,295.00n/a13
Feb ’25₹1,622.25
₹1,796.92
+10.8%
10.9%₹2,040.00₹1,295.00n/a13
Jan ’25₹1,676.40
₹1,770.54
+5.6%
12.3%₹2,040.00₹1,270.00n/a13
Dec ’24₹1,685.95
₹1,770.54
+5.0%
12.3%₹2,040.00₹1,270.00₹1,579.9513
Nov ’24₹1,572.85
₹1,718.43
+9.3%
12.2%₹2,040.00₹1,270.00₹1,754.7014
Oct ’24₹1,540.25
₹1,623.75
+5.4%
11.3%₹1,850.00₹1,200.00₹1,975.2512
Sep ’24₹1,514.50
₹1,623.75
+7.2%
11.3%₹1,850.00₹1,200.00₹1,783.0512
Aug ’24₹1,572.35
₹1,601.67
+1.9%
10.2%₹1,840.00₹1,200.00₹1,634.8012
Jul ’24₹1,528.00
₹1,510.00
-1.2%
10.2%₹1,700.00₹1,130.00₹1,580.209
Jun ’24₹1,450.15
₹1,570.00
+8.3%
6.7%₹1,800.00₹1,420.00₹1,528.608
May ’24₹1,354.65
₹1,593.75
+17.7%
7.4%₹1,800.00₹1,420.00₹1,615.008
Apr ’24₹1,266.50
₹1,613.75
+27.4%
9.2%₹1,850.00₹1,420.00₹1,646.008
Mar ’24₹1,343.90
₹1,610.00
+19.8%
9.5%₹1,850.00₹1,380.00₹1,613.4011
Feb ’24₹1,268.30
₹1,623.00
+28.0%
10.7%₹1,943.00₹1,380.00₹1,622.2511
Jan ’24₹1,547.85
₹1,690.80
+9.2%
10.0%₹1,943.00₹1,380.00₹1,676.4010
Dec ’23₹1,638.80
₹1,690.80
+3.2%
10.0%₹1,943.00₹1,380.00₹1,685.9510

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 18:01
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Bajaj Finserv Ltd. is covered by 27 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Supratim DattaAmbit Capital
Nitin BhasinAmbit Capital
Sanketh GodhaAvendus Spark