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FINOLEX CABLES
PE (Price/Earnings) Ratio

The Current P/E Ratio of FINOLEX CABLES is 24.95.

Share Price ₹843.6Sep 18,2025
Market Cap ₹12,897.9 Cr
Earnings-TTM₹517.0 CrTTM-Consolidated Results
Price/Earnings24.95xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of FINOLEX 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 FINOLEX CABLES is calculated as :

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 ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

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 latest p/e ratio is 24.95x.

- 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 RatioMarket Cap
FINOLEX CABLES 516.9724.9512,897.9
POLYCAB INDIA LTD2,243.6149.94112,051.0
KEI INDUSTRIES LTD741.9153.4239,629.5
RR KABEL LTD334.3842.2614,129.6
STERLITE TECHNOLOGIES LTD-21.00-286.306,012.3
PRECISION WIRES INDIA LTD94.8934.633,285.7
PARAMOUNT COMMUNICATIONS LTD80.1718.301,467.2
UNIVERSAL CABLES LTD58.7146.962,757.1
DYNAMIC CABLES LTD71.4329.152,082.0
DELTON CABLES LTD20.5728.08577.6
BIRLA CABLE LTD6.1184.77517.8

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

Top 10 Industry PeersPE 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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