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FINOLEX CABLES
PE (Price/Earnings) Ratio

The Current P/E Ratio of FINOLEX CABLES is 28.64.

Share Price ₹878.1Aug 01,2025
Market Cap ₹13,425.4 Cr
Earnings-TTM₹468.7 CrTTM-Consolidated Results
Price/Earnings28.64xCalculated 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 [ ₹13,425.4 Cr] as on Aug 01,2025

(/) Earnings [ ₹468.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 28.64x ]

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 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 latest p/e ratio is 28.64x.

- 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 RatioMarket Cap
FINOLEX CABLES 468.7428.6413,425.4
POLYCAB INDIA LTD2,243.6144.94100,830.0
KEI INDUSTRIES LTD741.9149.0936,420.4
RR KABEL LTD334.3845.1615,099.8
STERLITE TECHNOLOGIES LTD-21.00-269.425,657.8
PRECISION WIRES INDIA LTD90.0435.083,158.8
PARAMOUNT COMMUNICATIONS LTD86.9719.361,683.5
UNIVERSAL CABLES LTD43.1858.052,506.7
DYNAMIC CABLES LTD71.4326.611,900.3
DELTON CABLES LTD20.5134.73712.2
BIRLA CABLE LTD4.89101.88498.3

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

Top 10 Industry PeersPE 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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