FINOLEX CABLES
|
The Current P/E Ratio of FINOLEX CABLES is 26.13.
| Share Price | ₹914.3 | Feb 27,2026 |
| Market Cap | ₹13,979.6 Cr | |
| Earnings-TTM | ₹535.0 Cr | TTM-Consolidated Results |
| Price/Earnings | 26.13x | 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 [ ₹13,979.6 Cr] as on Feb 27,2026
(/) Earnings [ ₹535.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 26.13x ]
Thus, for FINOLEX CABLES , the investors are currently willing to pay 26.13 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 | 535.04 | 26.13 | 13,979.6 |
| POLYCAB INDIA LTD | 2,657.19 | 48.78 | 129,625.0 |
| KEI INDUSTRIES LTD | 860.67 | 56.43 | 48,568.9 |
| RR KABEL LTD | 448.57 | 39.39 | 17,667.5 |
| STERLITE TECHNOLOGIES LTD | 2.00 | 3,880.43 | 7,760.9 |
| PRECISION WIRES INDIA LTD | 129.98 | 43.90 | 5,705.4 |
| PARAMOUNT COMMUNICATIONS LTD | 57.97 | 18.35 | 1,063.7 |
| UNIVERSAL CABLES LTD | 85.66 | 27.95 | 2,393.8 |
| DYNAMIC CABLES LTD | 83.83 | 16.97 | 1,422.5 |
| DELTON CABLES LTD | 19.10 | 21.97 | 419.4 |
| BIRLA CABLE LTD | 7.58 | 58.83 | 446.1 |
Cable Industry Benchmark (Top 10) PE Analysis vs FINOLEX CABLES 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 16.97x |
| Max industry PE | 3,880.43x |
| Median industry PE | 39.39x |
| Average industry PE | 385.37x |
You may also like the below Video Courses