FINOLEX CABLES
|
The Current P/E Ratio of FINOLEX CABLES is 28.66.
| Share Price | ₹864.9 | Apr 25,2025 |
| Market Cap | ₹13,223.6 Cr | |
| Earnings-TTM | ₹461.4 Cr | TTM-Consolidated Results |
| Price/Earnings | 28.66x | 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 [ ₹13,223.6 Cr] as on Apr 25,2025
(/) Earnings [ ₹461.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 28.66x ]
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 28.66 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 28.66 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 28.66x.
- 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 | 461.40 | 28.66 | 13,223.6 |
| POLYCAB INDIA LTD | 1,864.65 | 44.39 | 82,766.7 |
| KEI INDUSTRIES LTD | 638.46 | 44.37 | 28,328.5 |
| RR KABEL LTD | 260.26 | 42.22 | 10,987.3 |
| STERLITE TECHNOLOGIES LTD | -166.00 | -20.08 | 3,332.5 |
| PRECISION WIRES INDIA LTD | 82.37 | 29.54 | 2,433.3 |
| PARAMOUNT COMMUNICATIONS LTD | 97.72 | 16.04 | 1,567.3 |
| UNIVERSAL CABLES LTD | 42.31 | 39.41 | 1,667.6 |
| DYNAMIC CABLES LTD | 55.03 | 24.32 | 1,338.1 |
| DELTON CABLES LTD | 21.18 | 26.19 | 554.7 |
| BIRLA CABLE LTD | 5.00 | 90.89 | 454.4 |
Cable Industry Benchmark (Top 10) PE Analysis vs FINOLEX CABLES 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -20.08x |
| Max industry PE | 90.89x |
| Median industry PE | 29.54x |
| Average industry PE | 33.27x |
You may also like the below Video Courses
