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DELTON CABLES
PE (Price/Earnings) Ratio

The Current P/E Ratio of DELTON CABLES is 24.36.

Share Price ₹600.0May 02,2025
Market Cap ₹516.0 Cr
Earnings-TTM₹21.2 CrTTM-Standalone Results
Price/Earnings24.36xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of DELTON CABLES

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 DELTON CABLES is calculated as :

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 ]

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

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 latest p/e ratio is 24.36x.

- 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 RatioMarket Cap
DELTON CABLES 21.1824.36516.0
POLYCAB INDIA LTD1,864.6544.0882,197.3
KEI INDUSTRIES LTD638.4645.2728,902.8
FINOLEX CABLES LTD461.4028.3913,098.5
RR KABEL LTD309.5237.4711,596.8
STERLITE TECHNOLOGIES LTD-166.00-17.322,874.8
PRECISION WIRES INDIA LTD82.3729.462,427.1
PARAMOUNT COMMUNICATIONS LTD97.7215.211,486.7
UNIVERSAL CABLES LTD42.3135.351,495.7
DYNAMIC CABLES LTD55.0323.371,285.7
BIRLA CABLE LTD5.0087.74438.6

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

Top 10 Industry PeersPE 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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