Valuation · at the close on 16 Oct 2026

Intermarket Securities Limited (IMS) valuation

At Rs 17.11 (close on 16 Oct 2026) IMS trades at 40.5× earnings (FY2026), above its five-year average of 26.5× and above the Inv. Banks / Inv. Cos. / Securities Cos. median of 6.1×. The shares are priced at 10.66× book value (sector median 1.02×).

P/E · today

40.5×

FY2026

5-yr average26.5× Sector median6.1×

P/B · today

10.66×

FY2026

5-yr average6.24× Sector median1.02×

Dividend yield · today

0.0%

FY2026

5-yr average0.0% Payers' median4.6%

Market value Rs 22.0 bn at Rs 17.11. Sector medians use the latest close of 34 Inv. Banks / Inv. Cos. / Securities Cos. companies; P/E and P/B only where earnings / book value are positive; the yield median covers dividend payers only. Not investment advice.

Valuation history

At each fiscal year-end price.

5 10 All

IMS valuation history (annual) (Rs bn)

Rs bn	FY2026 Jul 2025 – Jun 2026	FY2024 Jan – Dec 2024	FY2023 Jan – Dec 2023	FY2022 Jan – Dec 2022	FY2021 Jan – Dec 2021	FY2020 Jan – Dec 2020	FY2019 Jan – Dec 2019	FY2018 Jan – Dec 2018	FY2017 Jul 2016 – Jun 2017	FY2016 Jul 2015 – Jun 2016	FY2015 Jul 2014 – Jun 2015	FY2014 Jul 2013 – Jun 2014	FY2013 Jul 2012 – Jun 2013	FY2012 Jul 2011 – Jun 2012	FY2011 Jul 2010 – Jun 2011	FY2010 Jul 2009 – Jun 2010	FY2009 Jul 2008 – Jun 2009	FY2008 Jul 2007 – Jun 2008
Market capitalisation	25.7	1.5	0.3	0.3	0.4	0.5	0.5	0.4	2.4	0.8	0.6	0.6	0.9	1.0	0.5	0.5	0.4	1.2
Share price (period end) Rs	19.99	7.40	1.27	1.35	2.04	2.26	2.56	2.20	12.00	3.76	3.06	1.56	1.31	1.55	0.68	0.69	0.55	1.78
P/E (diluted)	47.27×	18.22×	—	—	14.14×	271.69×	—	—	—	—	5.40×	3.85×	3.75×	4.70×	9.29×	2.65×	—	50.39×
Price to book	12.45×	5.92×	2.07×	1.59×	2.50×	3.32×	3.92×	2.45×	9.38×	3.92×	1.34×	0.72×	0.81×	1.22×	0.73×	0.65×	0.68×	1.71×
Dividend yield (gross)	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	33.9%	24.5%	0.0%	0.0%	0.0%	15.3%	0.0%	0.0%	0.0%
PEG ratio	11.47×	0.10×	—	—	0.01×	2.63×	—	—	0.14×	—	0.14×	0.23×	0.67×	0.01×	(0.13×)	0.01×	—	(0.57×)
P/E (diluted, normalised)	47.27×	19.01×	—	—	18.53×	—	—	—	—	—	5.01×	4.13×	3.82×	4.78×	11.22×	2.03×	—	38.00×
Price to book — 5-year average	6.24×	3.40×	2.62×	2.67×	—	—	—	—	2.61×	1.35×	0.99×	0.82×	0.84×	1.03×	—	—	—	—
Dividend yield — 5-year average	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	4.5%	7.0%	9.3%	18.0%	10.5%	1.8%	2.2%	2.0%	—	—	—	—

IMS valuation: frequently asked questions

What is IMS's P/E ratio? +

At the closing price of Rs 17.11 on 16 Oct 2026, IMS trades at a P/E of 40.5× based on EPS of Rs 0.42 (FY2026).

What is IMS's book value per share? +

Intermarket Securities Limited's book value per share was Rs 1.61 at the end of FY2026. The shares trade at 10.66× book value.

Information only, not investment advice.