HDB Finance possible valuation explained - Current EPS - The company’s present Earnings Per Share ( EPS ) is ₹27.44 If the PE Ratio is 20 - 27.44 × 20 = ₹548.8 This means, at a conservative valuation, the share price could be around ₹549. If the PE Ratio is 25 - 27.44 × 25 = ₹686 This would be considered a fair and reasonable valuation. If the PE Ratio is 30 - 27.44 × 30 = ₹823 This indicates a moderate premium valuation, close to market averages. If the PE Ratio is 35 - 27.44 × 35 = ₹960.4 This reflects a slightly higher premium, often for well-performing companies. Peer Comparison ( Approximate for understanding ) - HDB Finance compares with similar listed #nbfcs and financial companies - Peers - #bajajfinance: 35 #sundaramfinance: 30 L&T Finance: 18 #mahindra Finance: 17 #cholamandalam: 31 #shriramfinance: 16 Key Takeaway - The final IPO price will depend on which PE multiple the company and its bankers choose — based on market conditions, investor appetite, and peer companies’ valuations. Lower PE → cheaper for investors. Higher PE → better fundraising for the company but pricier for buyers. If HDB Finance wants to attract retail investors and leave listing gain potential, they may price closer to 30 PE ( around ₹820 range ). If they price aggressively, leveraging the HDFC group trust, they may target 35 PE ( ₹960 ).