FINOLEX CABLES
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The Current P/E Ratio of FINOLEX CABLES is 31.83.
| Share Price | ₹975.8 | Jun 12,2025 |
| Market Cap | ₹14,919.2 Cr | |
| Earnings-TTM | ₹468.7 Cr | TTM-Consolidated Results |
| Price/Earnings | 31.83x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
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)
Current Market Cap [ ₹14,919.2 Cr] as on Jun 12,2025
(/) Earnings [ ₹468.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 31.83x ]
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 31.83 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.
Thus, for FINOLEX CABLES , the investors are currently willing to pay 31.83 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 31.83x.
- 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.
- 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 | 31.83 | 14,919.2 |
| POLYCAB INDIA LTD | 2,045.54 | 44.49 | 91,014.7 |
| KEI INDUSTRIES LTD | 696.41 | 50.48 | 35,157.1 |
| RR KABEL LTD | 309.52 | 50.01 | 15,479.1 |
| STERLITE TECHNOLOGIES LTD | -78.00 | -53.62 | 4,182.6 |
| PRECISION WIRES INDIA LTD | 90.04 | 36.36 | 3,273.9 |
| PARAMOUNT COMMUNICATIONS LTD | 86.97 | 19.21 | 1,670.4 |
| UNIVERSAL CABLES LTD | 43.18 | 51.37 | 2,218.1 |
| DYNAMIC CABLES LTD | 64.82 | 33.16 | 2,149.6 |
| DELTON CABLES LTD | 20.51 | 32.27 | 661.7 |
| BIRLA CABLE LTD | 4.89 | 110.01 | 538.1 |
Cable Industry Benchmark (Top 10) PE Analysis vs FINOLEX CABLES 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -53.62x |
| Max industry PE | 110.01x |
| Median industry PE | 36.36x |
| Average industry PE | 36.87x |
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