DELTON CABLES
|
The Current P/E Ratio of DELTON CABLES is 24.36.
Share Price | ₹600.0 | May 02,2025 |
Market Cap | ₹516.0 Cr | |
Earnings-TTM | ₹21.2 Cr | TTM-Standalone Results |
Price/Earnings | 24.36x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of DELTON CABLES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹516.0 Cr] as on May 02,2025
(/) Earnings [ ₹21.2 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 24.36x ]
Thus, for DELTON CABLES , the investors are currently willing to pay 24.36 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 DELTON CABLES !
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 DELTON CABLES over the last five years.
Historical PE (Price/Earnings) ratio chart of DELTON CABLES
PE Ratio Performance Analysis for DELTON CABLES
- DELTON CABLES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 43.95x.
- DELTON CABLES 's operated at median p/e ratio of 45.2x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, DELTON CABLES 's p/e ratio peaked in Mar2023 at 95.95x.
- DELTON CABLES 's p/e ratio hit its five-year low in Mar2020 of 2.7x.
How does DELTON CABLES 's P/E Ratio benchmark against top 10 peers in Cable Industry?
Peer Comparison (Cable Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
DELTON CABLES | 21.18 | 24.36 | 516.0 |
POLYCAB INDIA LTD | 1,864.65 | 44.08 | 82,197.3 |
KEI INDUSTRIES LTD | 638.46 | 45.27 | 28,902.8 |
FINOLEX CABLES LTD | 461.40 | 28.39 | 13,098.5 |
RR KABEL LTD | 309.52 | 37.47 | 11,596.8 |
STERLITE TECHNOLOGIES LTD | -166.00 | -17.32 | 2,874.8 |
PRECISION WIRES INDIA LTD | 82.37 | 29.46 | 2,427.1 |
PARAMOUNT COMMUNICATIONS LTD | 97.72 | 15.21 | 1,486.7 |
UNIVERSAL CABLES LTD | 42.31 | 35.35 | 1,495.7 |
DYNAMIC CABLES LTD | 55.03 | 23.37 | 1,285.7 |
BIRLA CABLE LTD | 5.00 | 87.74 | 438.6 |
Cable Industry Benchmark (Top 10) PE Analysis vs DELTON CABLES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -17.32x |
Max industry PE | 87.74x |
Median industry PE | 29.46x |
Average industry PE | 32.13x |
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