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BIRLA CABLE
PE (Price/Earnings) Ratio

The Current P/E Ratio of BIRLA CABLE is 91.76.

Share Price ₹152.9May 13,2025
Market Cap ₹458.7 Cr
Earnings-TTM₹5.0 CrTTM-Consolidated Results
Price/Earnings91.76xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of BIRLA CABLE

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)

Applying the above formula, P/E ratio of BIRLA CABLE is calculated as :

Current Market Cap [ ₹458.7 Cr] as on May 13,2025

(/) Earnings [ ₹5.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 91.76x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for BIRLA CABLE , the investors are currently willing to pay 91.76 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 BIRLA CABLE !

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 BIRLA CABLE over the last five years.

Historical PE (Price/Earnings) ratio chart of BIRLA CABLE


PE Ratio Performance Analysis for BIRLA CABLE

- BIRLA CABLE 's latest p/e ratio is 91.76x.

- BIRLA CABLE 's p/e ratio for fiscal years ending Mar2024 to Mar2023 averaged 20.97x.

- BIRLA CABLE 's operated at median p/e ratio of 30.59x from fiscal years ending March 2018 to 2022.

- Looking back at the last 2 fiscal years, BIRLA CABLE 's p/e ratio peaked in Mar2024 at 30.59x.

- BIRLA CABLE 's p/e ratio hit its five-year low in Mar2023 of 11.34x.


How does BIRLA CABLE 's P/E Ratio benchmark against top 10 peers in Cable Industry?

Peer Comparison (Cable Industry)Earnings-TTM (Cr)PE RatioMarket Cap
BIRLA CABLE 5.0091.76458.7
POLYCAB INDIA LTD2,045.5444.1790,342.2
KEI INDUSTRIES LTD696.4147.0132,739.2
FINOLEX CABLES LTD461.4030.4814,064.3
RR KABEL LTD309.5248.3014,950.5
STERLITE TECHNOLOGIES LTD-166.00-20.563,413.1
PRECISION WIRES INDIA LTD82.3731.612,603.9
PARAMOUNT COMMUNICATIONS LTD97.7216.941,655.4
UNIVERSAL CABLES LTD42.3143.401,836.4
DYNAMIC CABLES LTD55.0332.371,781.1
DELTON CABLES LTD21.1823.82504.6

Cable Industry Benchmark (Top 10) PE Analysis vs BIRLA CABLE 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -20.56x
Max industry PE 91.76x
Median industry PE 32.37x
Average industry PE 35.39x



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