DYNAMIC CABLES
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The Current P/E Ratio of DYNAMIC CABLES is 28.78.
Share Price | ₹444.6 | Apr 23,2024 |
Market Cap | ₹978.0 Cr | |
Earnings-TTM | ₹34.0 Cr | TTM-Standalone Results |
Price/Earnings | 28.78x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of DYNAMIC CABLES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹978.0 Cr] as on Apr 23,2024
(/) Earnings [ ₹34.0 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 28.78x ]
Thus, for DYNAMIC CABLES , the investors are currently willing to pay 28.78 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 DYNAMIC 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 DYNAMIC CABLES over the last five years.
Historical PE (Price/Earnings) ratio chart of DYNAMIC CABLES
PE Ratio Performance Analysis for DYNAMIC CABLES
- DYNAMIC CABLES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 6.23x.
- DYNAMIC CABLES 's operated at median p/e ratio of 5.34x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, DYNAMIC CABLES 's p/e ratio peaked in Mar2023 at 11.89x.
- DYNAMIC CABLES 's p/e ratio hit its five-year low in Mar2020 of 2.34x.
How does DYNAMIC CABLES 's P/E Ratio benchmark against top 10 peers in Cable Industry?
Peer Comparison (Cable Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
DYNAMIC CABLES | 33.98 | 28.78 | 978.0 |
POLYCAB INDIA LTD | 1,683.88 | 49.04 | 82,579.2 |
KEI INDUSTRIES LTD | 550.36 | 65.93 | 36,286.1 |
RR KABEL LTD | 250.84 | 73.46 | 18,426.1 |
FINOLEX CABLES LTD | 488.74 | 31.59 | 15,439.2 |
STERLITE TECHNOLOGIES LTD | 94.00 | 67.56 | 6,350.6 |
PRECISION WIRES INDIA LTD | 63.81 | 38.22 | 2,438.7 |
PARAMOUNT COMMUNICATIONS LTD | 69.85 | 34.47 | 2,407.8 |
UNIVERSAL CABLES LTD | 23.29 | 84.75 | 1,973.8 |
BIRLA CABLE LTD | 33.29 | 25.55 | 850.5 |
DELTON CABLES LTD | 4.02 | 84.25 | 338.5 |
Cable Industry Benchmark (Top 10) PE Analysis vs DYNAMIC CABLES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 25.55x |
Max industry PE | 84.75x |
Median industry PE | 49.04x |
Average industry PE | 53.05x |
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