FINOLEX CABLES
|
The Current P/E Ratio of FINOLEX CABLES is 22.71.
| Share Price | ₹767.9 | Nov 07,2025 |
| Market Cap | ₹11,741.2 Cr | |
| Earnings-TTM | ₹517.0 Cr | TTM-Consolidated Results |
| Price/Earnings | 22.71x | Calculated as Market Cap/Earnings |
|---|---|---|
| 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 [ ₹11,741.2 Cr] as on Nov 07,2025
(/) Earnings [ ₹517.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 22.71x ]
Thus, for FINOLEX CABLES , the investors are currently willing to pay 22.71 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 | 22.71 | 11,741.2 |
| POLYCAB INDIA LTD | 2,491.36 | 45.58 | 113,552.0 |
| KEI INDUSTRIES LTD | 790.61 | 47.64 | 37,665.2 |
| RR KABEL LTD | 400.59 | 38.90 | 15,584.0 |
| STERLITE TECHNOLOGIES LTD | -4.00 | -1,398.78 | 5,595.1 |
| PRECISION WIRES INDIA LTD | 94.89 | 43.44 | 4,122.3 |
| PARAMOUNT COMMUNICATIONS LTD | 80.17 | 15.89 | 1,273.5 |
| UNIVERSAL CABLES LTD | 58.71 | 42.55 | 2,497.7 |
| DYNAMIC CABLES LTD | 77.21 | 22.99 | 1,774.8 |
| DELTON CABLES LTD | 20.57 | 30.91 | 635.8 |
| BIRLA CABLE LTD | 5.00 | 93.34 | 466.8 |
Cable Industry Benchmark (Top 10) PE Analysis vs FINOLEX CABLES 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -1,398.78x |
| Max industry PE | 93.34x |
| Median industry PE | 38.90x |
| Average industry PE | -90.44x |
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