FINOLEX CABLES
|
The Current P/E Ratio of FINOLEX CABLES is 28.64.
Share Price | ₹878.1 | Aug 01,2025 |
Market Cap | ₹13,425.4 Cr | |
Earnings-TTM | ₹468.7 Cr | TTM-Consolidated Results |
Price/Earnings | 28.64x | 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 [ ₹13,425.4 Cr] as on Aug 01,2025
(/) Earnings [ ₹468.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 28.64x ]
Thus, for FINOLEX CABLES , the investors are currently willing to pay 28.64 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 Mar2024 to Mar2020 averaged 15.66x.
- FINOLEX CABLES 's operated at median p/e ratio of 12.62x 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 Mar2020 of 7.95x.
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 | 468.74 | 28.64 | 13,425.4 |
POLYCAB INDIA LTD | 2,243.61 | 44.94 | 100,830.0 |
KEI INDUSTRIES LTD | 741.91 | 49.09 | 36,420.4 |
RR KABEL LTD | 334.38 | 45.16 | 15,099.8 |
STERLITE TECHNOLOGIES LTD | -21.00 | -269.42 | 5,657.8 |
PRECISION WIRES INDIA LTD | 90.04 | 35.08 | 3,158.8 |
PARAMOUNT COMMUNICATIONS LTD | 86.97 | 19.36 | 1,683.5 |
UNIVERSAL CABLES LTD | 43.18 | 58.05 | 2,506.7 |
DYNAMIC CABLES LTD | 71.43 | 26.61 | 1,900.3 |
DELTON CABLES LTD | 20.51 | 34.73 | 712.2 |
BIRLA CABLE LTD | 4.89 | 101.88 | 498.3 |
Cable Industry Benchmark (Top 10) PE Analysis vs FINOLEX CABLES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -269.42x |
Max industry PE | 101.88x |
Median industry PE | 35.08x |
Average industry PE | 15.83x |
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