DELTON CABLES
|
The Current P/E Ratio of DELTON CABLES is 24.16.
| Share Price | ₹413.6 | May 29,2026 |
| Market Cap | ₹355.7 Cr | |
| Earnings-TTM | ₹14.7 Cr | TTM-Standalone Results |
| Price/Earnings | 24.16x | 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 [ ₹355.7 Cr] as on May 29,2026
(/) Earnings [ ₹14.7 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 24.16x ]
Thus, for DELTON CABLES , the investors are currently willing to pay 24.16 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 Mar2025 to Mar2021 averaged 48.92x.
- 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 Mar2024 of 22x.
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 | 14.72 | 24.16 | 355.7 |
| POLYCAB INDIA LTD | 2,708.43 | 52.75 | 142,857.0 |
| KEI INDUSTRIES LTD | 918.43 | 54.98 | 50,493.8 |
| RR KABEL LTD | 486.90 | 47.76 | 23,253.9 |
| STERLITE TECHNOLOGIES LTD | 56.00 | 467.59 | 26,185.3 |
| FINOLEX CABLES LTD | 509.18 | 34.15 | 17,387.7 |
| DIAMOND POWER INFRASTRUCTURE LTD | 158.17 | 64.77 | 10,244.3 |
| PRECISION WIRES INDIA LTD | 155.27 | 49.42 | 7,673.3 |
| UNIVERSAL CABLES LTD | 80.84 | 48.57 | 3,926.3 |
| ADVAIT ENERGY TRANSITIONS LTD | 59.52 | 37.49 | 2,231.5 |
| PARAMOUNT COMMUNICATIONS LTD | 59.75 | 33.46 | 1,999.4 |
Cable Industry Benchmark (Top 10) PE Analysis vs DELTON CABLES 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 24.16x |
| Max industry PE | 467.59x |
| Median industry PE | 48.57x |
| Average industry PE | 83.19x |
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