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DELTON CABLES
PE (Price/Earnings) Ratio

The Current P/E Ratio of DELTON CABLES is 24.16.

Share Price ₹413.6May 29,2026
Market Cap ₹355.7 Cr
Earnings-TTM₹14.7 CrTTM-Standalone Results
Price/Earnings24.16xCalculated 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 [ ₹355.7 Cr] as on May 29,2026

(/) Earnings [ ₹14.7 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 24.16x ]

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 24.16 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 latest p/e ratio is 24.16x.

- 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 RatioMarket Cap
DELTON CABLES 14.7224.16355.7
POLYCAB INDIA LTD2,708.4352.75142,857.0
KEI INDUSTRIES LTD918.4354.9850,493.8
RR KABEL LTD486.9047.7623,253.9
STERLITE TECHNOLOGIES LTD56.00467.5926,185.3
FINOLEX CABLES LTD509.1834.1517,387.7
DIAMOND POWER INFRASTRUCTURE LTD158.1764.7710,244.3
PRECISION WIRES INDIA LTD155.2749.427,673.3
UNIVERSAL CABLES LTD80.8448.573,926.3
ADVAIT ENERGY TRANSITIONS LTD59.5237.492,231.5
PARAMOUNT COMMUNICATIONS LTD59.7533.461,999.4

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

Top 10 Industry PeersPE 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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