AKSH OPTIFIBRE
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The Current P/E Ratio of AKSH OPTIFIBRE is -1.83.
| Share Price | ₹9.0 | May 09,2025 |
| Market Cap | ₹145.6 Cr | |
| Earnings-TTM | ₹-79.7 Cr | TTM-Consolidated Results |
| Price/Earnings | -1.83x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of AKSH OPTIFIBRE
Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹145.6 Cr] as on May 09,2025
(/) Earnings [ ₹-79.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -1.83x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for AKSH OPTIFIBRE , the investors are currently willing to pay -1.83 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of AKSH OPTIFIBRE !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of AKSH OPTIFIBRE over the last five years.
Thus, for AKSH OPTIFIBRE , the investors are currently willing to pay -1.83 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of AKSH OPTIFIBRE !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of AKSH OPTIFIBRE over the last five years.
Historical PE (Price/Earnings) ratio chart of AKSH OPTIFIBRE
PE Ratio Performance Analysis for AKSH OPTIFIBRE
- AKSH OPTIFIBRE 's latest p/e ratio is -1.83x.
- AKSH OPTIFIBRE 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.00x.
- AKSH OPTIFIBRE 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, AKSH OPTIFIBRE 's p/e ratio peaked in Mar2024 at 0x.
- AKSH OPTIFIBRE 's p/e ratio hit its five-year low in Mar2024 of 0x.
- AKSH OPTIFIBRE 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.00x.
- AKSH OPTIFIBRE 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, AKSH OPTIFIBRE 's p/e ratio peaked in Mar2024 at 0x.
- AKSH OPTIFIBRE 's p/e ratio hit its five-year low in Mar2024 of 0x.
How does AKSH OPTIFIBRE 's P/E Ratio benchmark against top 10 peers in Cable Industry?
| Peer Comparison (Cable Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| AKSH OPTIFIBRE | -79.68 | -1.83 | 145.6 |
| POLYCAB INDIA LTD | 2,045.54 | 42.41 | 86,748.5 |
| KEI INDUSTRIES LTD | 696.41 | 44.36 | 30,893.6 |
| FINOLEX CABLES LTD | 461.40 | 29.08 | 13,418.1 |
| RR KABEL LTD | 309.52 | 45.17 | 13,982.0 |
| STERLITE TECHNOLOGIES LTD | -166.00 | -18.08 | 3,000.7 |
| PRECISION WIRES INDIA LTD | 82.37 | 28.61 | 2,356.5 |
| PARAMOUNT COMMUNICATIONS LTD | 97.72 | 14.67 | 1,433.7 |
| UNIVERSAL CABLES LTD | 42.31 | 40.18 | 1,700.1 |
| DYNAMIC CABLES LTD | 55.03 | 24.14 | 1,328.3 |
| DELTON CABLES LTD | 21.18 | 23.03 | 487.7 |
Cable Industry Benchmark (Top 10) PE Analysis vs AKSH OPTIFIBRE 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -18.08x |
| Max industry PE | 45.17x |
| Median industry PE | 28.61x |
| Average industry PE | 24.70x |
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