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FINOLEX CABLES
PE (Price/Earnings) Ratio

The Current P/E Ratio of FINOLEX CABLES is 26.13.

Share Price ₹914.3Feb 27,2026
Market Cap ₹13,979.6 Cr
Earnings-TTM₹535.0 CrTTM-Consolidated Results
Price/Earnings26.13xCalculated 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 [ ₹13,979.6 Cr] as on Feb 27,2026

(/) Earnings [ ₹535.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 26.13x ]

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 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 latest p/e ratio is 26.13x.

- 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 535.0426.1313,979.6
POLYCAB INDIA LTD2,657.1948.78129,625.0
KEI INDUSTRIES LTD860.6756.4348,568.9
RR KABEL LTD448.5739.3917,667.5
STERLITE TECHNOLOGIES LTD2.003,880.437,760.9
PRECISION WIRES INDIA LTD129.9843.905,705.4
PARAMOUNT COMMUNICATIONS LTD57.9718.351,063.7
UNIVERSAL CABLES LTD85.6627.952,393.8
DYNAMIC CABLES LTD83.8316.971,422.5
DELTON CABLES LTD19.1021.97419.4
BIRLA CABLE LTD7.5858.83446.1

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

Top 10 Industry PeersPE Ratio
Min industry PE 16.97x
Max industry PE 3,880.43x
Median industry PE 39.39x
Average industry PE 385.37x



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