{"id":343518,"date":"2026-11-11T10:50:34","date_gmt":"2026-11-11T05:20:34","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=343518"},"modified":"2026-11-11T10:50:34","modified_gmt":"2026-11-11T05:20:34","slug":"cholamandalam-share-price-3-year-cagr-vs-nbfc-peers-pnb-housing-bajaj-finance","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/cholamandalam-share-price-3-year-cagr-vs-nbfc-peers-pnb-housing-bajaj-finance\/","title":{"rendered":"Cholamandalam Share Price: 15.8% CAGR in 3 Years as the Vehicle Lender Leads PNB Housing and Bajaj Finance"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/cholamandalam-share-price-3-year-cagr-vs-nbfc-peers-pnb-housing-bajaj-finance\/#Cholamandalam_Share_Price_158_CAGR_in_3_Years_as_the_Vehicle_Lender_Leads_PNB_Housing_and_Bajaj_Finance\" title=\"Cholamandalam Share Price: 15.8% CAGR in 3 Years as the Vehicle Lender Leads PNB Housing and Bajaj Finance\">Cholamandalam Share Price: 15.8% CAGR in 3 Years as the Vehicle Lender Leads PNB Housing and Bajaj Finance<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/cholamandalam-share-price-3-year-cagr-vs-nbfc-peers-pnb-housing-bajaj-finance\/#How_Much_Has_the_Cholamandalam_Share_Price_Returned_in_3_Years\" title=\"How Much Has the Cholamandalam Share Price Returned in 3 Years?\">How Much Has the Cholamandalam Share Price Returned in 3 Years?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/cholamandalam-share-price-3-year-cagr-vs-nbfc-peers-pnb-housing-bajaj-finance\/#Cholamandalam_vs_PNB_Housing_Finance_and_Bajaj_Finance_3-Year_CAGR_Compared\" title=\"Cholamandalam vs PNB Housing Finance and Bajaj Finance: 3-Year CAGR Compared\">Cholamandalam vs PNB Housing Finance and Bajaj Finance: 3-Year CAGR Compared<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/cholamandalam-share-price-3-year-cagr-vs-nbfc-peers-pnb-housing-bajaj-finance\/#Valuation_and_Quality_Compared\" title=\"Valuation and Quality Compared\">Valuation and Quality Compared<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/cholamandalam-share-price-3-year-cagr-vs-nbfc-peers-pnb-housing-bajaj-finance\/#What_Is_Driving_the_Cholamandalam_Stock\" title=\"What Is Driving the Cholamandalam Stock?\">What Is Driving the Cholamandalam Stock?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/cholamandalam-share-price-3-year-cagr-vs-nbfc-peers-pnb-housing-bajaj-finance\/#How_the_Established_Players_Stack_Up\" title=\"How the Established Players Stack Up\">How the Established Players Stack Up<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/cholamandalam-share-price-3-year-cagr-vs-nbfc-peers-pnb-housing-bajaj-finance\/#What_Should_Investors_Track_Next\" title=\"What Should Investors Track Next?\">What Should Investors Track Next?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/cholamandalam-share-price-3-year-cagr-vs-nbfc-peers-pnb-housing-bajaj-finance\/#How_to_Compare_NBFC_Stocks_Yourself\" title=\"How to Compare NBFC Stocks Yourself\">How to Compare NBFC Stocks Yourself<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/cholamandalam-share-price-3-year-cagr-vs-nbfc-peers-pnb-housing-bajaj-finance\/#A_Vehicle_Lender_With_the_Highest_ROE_in_the_Group\" title=\"A Vehicle Lender With the Highest ROE in the Group\">A Vehicle Lender With the Highest ROE in the Group<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/cholamandalam-share-price-3-year-cagr-vs-nbfc-peers-pnb-housing-bajaj-finance\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/cholamandalam-share-price-3-year-cagr-vs-nbfc-peers-pnb-housing-bajaj-finance\/#What_is_the_Cholamandalam_share_price_today\" title=\"What is the Cholamandalam share price today?\">What is the Cholamandalam share price today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/cholamandalam-share-price-3-year-cagr-vs-nbfc-peers-pnb-housing-bajaj-finance\/#What_is_the_3-year_CAGR_of_the_Cholamandalam_stock\" title=\"What is the 3-year CAGR of the Cholamandalam stock?\">What is the 3-year CAGR of the Cholamandalam stock?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/cholamandalam-share-price-3-year-cagr-vs-nbfc-peers-pnb-housing-bajaj-finance\/#Is_Cholamandalam_better_than_Bajaj_Finance\" title=\"Is Cholamandalam better than Bajaj Finance?\">Is Cholamandalam better than Bajaj Finance?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/cholamandalam-share-price-3-year-cagr-vs-nbfc-peers-pnb-housing-bajaj-finance\/#What_does_Cholamandalam_Investment_and_Finance_do\" title=\"What does Cholamandalam Investment and Finance do?\">What does Cholamandalam Investment and Finance do?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/cholamandalam-share-price-3-year-cagr-vs-nbfc-peers-pnb-housing-bajaj-finance\/#Is_the_Cholamandalam_stock_debt_free\" title=\"Is the Cholamandalam stock debt free?\">Is the Cholamandalam stock debt free?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/cholamandalam-share-price-3-year-cagr-vs-nbfc-peers-pnb-housing-bajaj-finance\/#Is_Cholamandalam_expensive_compared_with_the_industry\" title=\"Is Cholamandalam expensive compared with the industry?\">Is Cholamandalam expensive compared with the industry?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/cholamandalam-share-price-3-year-cagr-vs-nbfc-peers-pnb-housing-bajaj-finance\/#Which_NBFC_stock_gave_the_highest_return_in_3_years\" title=\"Which NBFC stock gave the highest return in 3 years?\">Which NBFC stock gave the highest return in 3 years?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/cholamandalam-share-price-3-year-cagr-vs-nbfc-peers-pnb-housing-bajaj-finance\/#How_do_I_calculate_CAGR_for_a_stock\" title=\"How do I calculate CAGR for a stock?\">How do I calculate CAGR for a stock?<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"Cholamandalam_Share_Price_158_CAGR_in_3_Years_as_the_Vehicle_Lender_Leads_PNB_Housing_and_Bajaj_Finance\"><\/span><strong>Cholamandalam Share Price: 15.8% CAGR in 3 Years as the Vehicle Lender Leads PNB Housing and Bajaj Finance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Cholamandalam previous close Rs 1,790.80. 3-year CAGR 15.8%. Up 1.6x since 9 Nov 2023. ROE 18.02%. Market cap Rs 1,53,087 crore.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The <strong>Cholamandalam share price<\/strong> closed at Rs 1,790.80 on 9 November 2026, a compounded annual return of 15.8% over three years. That compares with PNB Housing Finance at 14.2% and Bajaj Finance at 13.0%. The company has a market cap of Rs 1,53,087 crore and a P\/E of 24.60 against an industry P\/E of 17.80.<\/p>\n<\/p><\/div>\n<p>The <strong>Cholamandalam share price<\/strong> has delivered a steady return over three years, and that makes Cholamandalam Investment and Finance Company one of the more consistent names among Indian lenders. The Chennai-based company belongs to the Murugappa Group and is best known for vehicle finance.<\/p>\n<p>This article compares that run with PNB Housing Finance and Bajaj Finance. We calculate the three-year CAGR for all three and set the results beside market cap, valuation, return on equity and debt, using prices adjusted for corporate actions.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=cholamandalam-share-price\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_Much_Has_the_Cholamandalam_Share_Price_Returned_in_3_Years\"><\/span><strong>How Much Has the Cholamandalam Share Price Returned in 3 Years?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Cholamandalam stock closed at Rs 1,152.05 on 9 November 2023 and at Rs 1,790.80 on 9 November 2026. Rs 1 lakh invested three years ago would have grown to about Rs 1.55 lakh, which is a CAGR of 15.8%. This is a price return and leaves out dividends.<\/p>\n<p>CAGR condenses a bumpy three-year ride into one yearly number, which is why it is the fairest way to compare companies of different sizes. A stock such as Cholamandalam can look spectacular on a chart and still have earned a modest yearly return, so the compounded figure keeps the comparison honest.<\/p>\n<p>The <strong>Cholamandalam share price<\/strong> has also followed the growth in vehicle sales and the steady expansion of retail credit, both of which widened the loan books of non-banking lenders.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Cholamandalam_vs_PNB_Housing_Finance_and_Bajaj_Finance_3-Year_CAGR_Compared\"><\/span><strong>Cholamandalam vs PNB Housing Finance and Bajaj Finance: 3-Year CAGR Compared<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table ranks the companies by three-year CAGR. Prices on 9 November 2023 are adjusted for splits and bonuses, and the latest figures are the previous close on 9 November 2026.<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:14px 0;\">\n<tr>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Company<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Close on 9 Nov 2023<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Previous close (9 Nov 2026)<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Price multiple<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">3-year CAGR<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Cholamandalam Investment and Finance<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 1,152.05<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 1,790.80<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">1.6x<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">15.8%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">PNB Housing Finance<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 745.25<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 1,111.40<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">1.5x<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">14.2%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Bajaj Finance<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 738.67<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 1,064.85<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">1.4x<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">13.0%<\/td>\n<\/tr>\n<\/table>\n<p>The Cholamandalam stock leads the group at 15.8%, followed by PNB Housing Finance at 14.2% and Bajaj Finance at 13.0%. Cholamandalam leads the group, followed by PNB Housing Finance and then Bajaj Finance. Bajaj Finance is by far the largest of the three by market cap, so its yearly return came on a much bigger base of capital.<\/p>\n<p>Look at the <strong>Cholamandalam share price<\/strong> alongside the peers as a snapshot of the last three years. It describes what happened, and valuation and earnings will decide what happens next.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Valuation_and_Quality_Compared\"><\/span><strong>Valuation and Quality Compared<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;margin:14px 0;\">\n<tr>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Company<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Market cap<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">P\/E<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Industry P\/E<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">ROE<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Debt to equity<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\"><a href=\"https:\/\/univest.in\/stocks\/bajfinance\/bajaj-finance-ltd-share-price-today\">Bajaj Finance<\/a><\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 6,63,064 crore<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">30.05<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">17.80<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">17.61%<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">4.08<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\"><a href=\"https:\/\/univest.in\/stocks\/cholafin\/cholamandalam-investment-and-finance-company-ltd-share-price-today\">Cholamandalam Investment and Finance<\/a><\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 1,53,087 crore<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">24.60<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">17.80<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">18.02%<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">6.72<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\"><a href=\"https:\/\/univest.in\/stocks\/pnbhousing\/pnb-housing-finance-ltd-share-price-today\">PNB Housing Finance<\/a><\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 29,097 crore<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">12.38<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">17.80<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">11.61%<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">3.93<\/td>\n<\/tr>\n<\/table>\n<p>By market cap, Bajaj Finance is the largest of the group at Rs 6,63,064 crore, while the Cholamandalam stock stands at Rs 1,53,087 crore, about 23% of that size. On earnings, Cholamandalam shares trade at a P\/E of 24.60 against an industry P\/E of 17.80, a premium of about 38%, which signals that the market expects faster earnings growth. Peer multiples are PNB Housing Finance at 12.38 and Bajaj Finance at 30.05.<\/p>\n<p>Return on equity is 18.02% for the Cholamandalam stock, which ranks first among the three, and debt to equity stands at 6.72. Trailing EPS is Rs 72.55. Lenders carry high debt by design, so the debt to equity figure should be read alongside return on equity and the P\/E rather than on its own.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Is_Driving_the_Cholamandalam_Stock\"><\/span><strong>What Is Driving the Cholamandalam Stock?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Cholamandalam lends against commercial vehicles, cars, tractors and two-wheelers, and it has built businesses in home loans, loans against property and small business credit. Its vehicle finance franchise is among the largest in the country.<\/p>\n<p>The company funds itself through bank loans, bonds and securitisation. Because it borrows to lend, the cost of funds and the quality of its loan book are the two numbers that matter most to earnings.<\/p>\n<p>Followers of the <strong>Cholamandalam share price<\/strong> usually track loan growth, net interest margin, asset quality and the cost of borrowing, because these decide how much profit each rupee of lending earns.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_the_Established_Players_Stack_Up\"><\/span><strong>How the Established Players Stack Up<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>PNB Housing Finance is a housing finance company promoted by Punjab National Bank that gives home loans and loans against property. It compounded at 14.2% a year, on a market cap of Rs 29,097 crore and an ROE of 11.61%.<\/p>\n<p>Bajaj Finance is a Pune-based lender focused on consumer durable loans, personal loans, small business loans and mortgages, and it is among India&#8217;s largest NBFCs. It compounded at 13.0% a year, on a market cap of Rs 6,63,064 crore and an ROE of 17.61%.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Should_Investors_Track_Next\"><\/span><strong>What Should Investors Track Next?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Three things are worth watching on the <strong>Cholamandalam share price<\/strong>. First, the pace of vehicle finance disbursements. Second, the movement in the cost of funds. Third, gross and net non-performing asset trends.<\/p>\n<p>At a P\/E of 25, expectations are meaningful, and its ROE of 18.02% is the highest in the group. Compare both numbers before drawing a conclusion.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for live fundamentals of NBFC stocks<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Compare_NBFC_Stocks_Yourself\"><\/span><strong>How to Compare NBFC Stocks Yourself<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>You can repeat this exercise for any pair of stocks, including the Cholamandalam stock against its peers. Note the adjusted closing price on the base date, take the latest close, divide one by the other, raise the result to the power of one third and subtract one. Then place the CAGR next to market cap, P\/E against the industry P\/E, ROE and debt to equity. Benchmark the result against the <a href=\"https:\/\/univest.in\/indices\/nifty-50\/nifty-50-share-price-today\">Nifty 50<\/a> as well, so you know whether the stock beat the broader market.<\/p>\n<p>A stock that scores well on growth but weakly on quality, or the reverse, deserves closer study before it enters a portfolio. When tracking the <strong>Cholamandalam share price<\/strong>, the same four checks give a more complete picture than price alone.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track the <strong>Cholamandalam share price<\/strong> and compare NBFC stocks live.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"A_Vehicle_Lender_With_the_Highest_ROE_in_the_Group\"><\/span><strong>A Vehicle Lender With the Highest ROE in the Group<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The <strong>Cholamandalam share price<\/strong> compounded at 15.8% a year over three years, ahead of PNB Housing Finance at 14.2% and Bajaj Finance at 13.0%. Its ROE of 18.02% is the highest of the three.<\/p>\n<p>PNB Housing brings a pure housing finance focus at a lower multiple, while Bajaj Finance brings scale and consumer reach. The choice depends on which part of retail lending you want to follow.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Cholamandalam_share_price_today\"><\/span><strong>What is the Cholamandalam share price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Cholamandalam Investment and Finance closed at Rs 1,790.80 on 9 November 2026, according to NSE data. It has a market cap of Rs 1,53,087 crore and a P\/E of 24.60. Check live quotes before acting, as prices change every trading day.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_3-year_CAGR_of_the_Cholamandalam_stock\"><\/span><strong>What is the 3-year CAGR of the Cholamandalam stock?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Cholamandalam Investment and Finance delivered a price CAGR of 15.8% over three years, moving from Rs 1,152.05 on 9 November 2023 to Rs 1,790.80 on 9 November 2026. The figure excludes dividends and uses adjusted closing prices.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Cholamandalam_better_than_Bajaj_Finance\"><\/span><strong>Is Cholamandalam better than Bajaj Finance?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Cholamandalam delivered a higher three-year CAGR at 15.8% than Bajaj Finance at 13.0%. Bajaj Finance is far larger at Rs 6,63,064 crore against Rs 1,53,087 crore and has a higher P\/E of 30.05 against 24.60, while Cholamandalam has a slightly higher ROE at 18.02% against 17.61%. The better choice depends on your view of each business.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_Cholamandalam_Investment_and_Finance_do\"><\/span><strong>What does Cholamandalam Investment and Finance do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Cholamandalam Investment and Finance Company is a Chennai-based non-banking finance company from the Murugappa Group that mainly finances vehicles and also offers home loans and business loans.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_the_Cholamandalam_stock_debt_free\"><\/span><strong>Is the Cholamandalam stock debt free?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The debt to equity ratio of the Cholamandalam stock is 6.72 and its return on equity is 18.02%. Always check the latest balance sheet for current figures, as debt levels change with expansion plans.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Cholamandalam_expensive_compared_with_the_industry\"><\/span><strong>Is Cholamandalam expensive compared with the industry?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Cholamandalam trades at a P\/E of 24.60 against an industry P\/E of 17.80. A higher multiple reflects expectations of faster growth, which the company must deliver through earnings.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_NBFC_stock_gave_the_highest_return_in_3_years\"><\/span><strong>Which NBFC stock gave the highest return in 3 years?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Among the companies compared here, Cholamandalam Investment and Finance delivered the highest three-year CAGR at 15.8%, followed by PNB Housing Finance at 14.2%. Past returns do not guarantee future performance.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_do_I_calculate_CAGR_for_a_stock\"><\/span><strong>How do I calculate CAGR for a stock?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Divide the latest price by the starting price, raise the result to the power of one divided by the number of years, and subtract one. Multiply by 100 for a percentage. Use split and bonus adjusted prices for accurate results.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the Cholamandalam share price today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Cholamandalam Investment and Finance closed at Rs 1,790.80 on 9 November 2026, according to NSE data. It has a market cap of Rs 1,53,087 crore and a P\/E of 24.60. 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See how it compares with PNB Housing Finance and Bajaj Finance on returns and ROE.<\/p>\n","protected":false},"author":35,"featured_media":343517,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[21937,21935,21936,21795],"class_list":["post-343518","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-cholamandalam-investment-stock","tag-cholamandalam-share-price","tag-cholamandalam-vs-bajaj-finance","tag-nbfc-stocks-3-year-return"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["343517"],"rank_math_title":["Cholamandalam Share Price: 15.8% CAGR vs PNB Housing"],"rank_math_description":["Cholamandalam share price compounded at 15.8% a year over 3 years. See how it compares with PNB Housing Finance and Bajaj Finance on returns and ROE."],"rank_math_focus_keyword":["Cholamandalam share price | Density Target: 1.2-1.5%"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/11\/cholamandalam-share-price-15-8-cagr-in-3-years-as-the-vehicle-lender-leads-pnb.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/343518","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=343518"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/343518\/revisions"}],"predecessor-version":[{"id":343519,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/343518\/revisions\/343519"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/343517"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=343518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=343518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=343518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}