DELTON CABLES
|
The Current P/E Ratio of DELTON CABLES is 23.40.
Share Price | ₹576.3 | May 06,2025 |
Market Cap | ₹495.6 Cr | |
Earnings-TTM | ₹21.2 Cr | TTM-Standalone Results |
Price/Earnings | 23.40x | 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 [ ₹495.6 Cr] as on May 06,2025
(/) Earnings [ ₹21.2 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 23.40x ]
Thus, for DELTON CABLES , the investors are currently willing to pay 23.40 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 | 23.40 | 495.6 |
POLYCAB INDIA LTD | 2,045.54 | 43.44 | 88,867.2 |
KEI INDUSTRIES LTD | 696.41 | 43.81 | 30,513.3 |
FINOLEX CABLES LTD | 461.40 | 29.77 | 13,734.0 |
RR KABEL LTD | 309.52 | 44.33 | 13,719.7 |
STERLITE TECHNOLOGIES LTD | -166.00 | -18.52 | 3,074.4 |
PRECISION WIRES INDIA LTD | 82.37 | 29.83 | 2,457.4 |
PARAMOUNT COMMUNICATIONS LTD | 97.72 | 15.20 | 1,485.5 |
UNIVERSAL CABLES LTD | 42.31 | 38.37 | 1,623.6 |
DYNAMIC CABLES LTD | 55.03 | 23.40 | 1,287.7 |
BIRLA CABLE LTD | 5.00 | 87.59 | 437.9 |
Cable Industry Benchmark (Top 10) PE Analysis vs DELTON CABLES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -18.52x |
Max industry PE | 87.59x |
Median industry PE | 29.83x |
Average industry PE | 32.78x |
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