FINOLEX CABLES
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The Current P/E Ratio of FINOLEX CABLES is 24.95.
Share Price | ₹843.6 | Sep 18,2025 |
Market Cap | ₹12,897.9 Cr | |
Earnings-TTM | ₹517.0 Cr | TTM-Consolidated Results |
Price/Earnings | 24.95x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of FINOLEX CABLES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹12,897.9 Cr] as on Sep 18,2025
(/) Earnings [ ₹517.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 24.95x ]
Thus, for FINOLEX CABLES , the investors are currently willing to pay 24.95 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 FINOLEX 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 FINOLEX CABLES over the last five years.
Historical PE (Price/Earnings) ratio chart of FINOLEX CABLES
PE Ratio Performance Analysis for FINOLEX CABLES
- FINOLEX CABLES 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 18.06x.
- FINOLEX CABLES 's operated at median p/e ratio of 19.95x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, FINOLEX CABLES 's p/e ratio peaked in Mar2023 at 24.62x.
- FINOLEX CABLES 's p/e ratio hit its five-year low in Mar2022 of 9.64x.
How does FINOLEX CABLES 's P/E Ratio benchmark against top 10 peers in Cable Industry?
Peer Comparison (Cable Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
FINOLEX CABLES | 516.97 | 24.95 | 12,897.9 |
POLYCAB INDIA LTD | 2,243.61 | 49.94 | 112,051.0 |
KEI INDUSTRIES LTD | 741.91 | 53.42 | 39,629.5 |
RR KABEL LTD | 334.38 | 42.26 | 14,129.6 |
STERLITE TECHNOLOGIES LTD | -21.00 | -286.30 | 6,012.3 |
PRECISION WIRES INDIA LTD | 94.89 | 34.63 | 3,285.7 |
PARAMOUNT COMMUNICATIONS LTD | 80.17 | 18.30 | 1,467.2 |
UNIVERSAL CABLES LTD | 58.71 | 46.96 | 2,757.1 |
DYNAMIC CABLES LTD | 71.43 | 29.15 | 2,082.0 |
DELTON CABLES LTD | 20.57 | 28.08 | 577.6 |
BIRLA CABLE LTD | 6.11 | 84.77 | 517.8 |
Cable Industry Benchmark (Top 10) PE Analysis vs FINOLEX CABLES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -286.30x |
Max industry PE | 84.77x |
Median industry PE | 34.63x |
Average industry PE | 11.47x |
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