FINOLEX CABLES
|
The Current P/E Ratio of FINOLEX CABLES is 26.11.
| Share Price | ₹913.6 | Apr 16,2026 |
| Market Cap | ₹13,968.9 Cr | |
| Earnings-TTM | ₹535.0 Cr | TTM-Consolidated Results |
| Price/Earnings | 26.11x | 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 [ ₹13,968.9 Cr] as on Apr 16,2026
(/) Earnings [ ₹535.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 26.11x ]
Thus, for FINOLEX CABLES , the investors are currently willing to pay 26.11 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 | 26.11 | 13,968.9 |
| POLYCAB INDIA LTD | 2,657.19 | 44.76 | 118,947.0 |
| KEI INDUSTRIES LTD | 860.67 | 51.66 | 44,459.1 |
| RR KABEL LTD | 448.57 | 36.65 | 16,442.2 |
| STERLITE TECHNOLOGIES LTD | 2.00 | 6,239.55 | 12,479.1 |
| PRECISION WIRES INDIA LTD | 129.98 | 51.63 | 6,710.8 |
| PARAMOUNT COMMUNICATIONS LTD | 57.97 | 20.27 | 1,175.1 |
| UNIVERSAL CABLES LTD | 85.66 | 32.32 | 2,768.5 |
| DYNAMIC CABLES LTD | 83.83 | 18.68 | 1,565.7 |
| DELTON CABLES LTD | 19.10 | 18.58 | 354.7 |
| BIRLA CABLE LTD | 7.58 | 56.22 | 426.3 |
Cable Industry Benchmark (Top 10) PE Analysis vs FINOLEX CABLES 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 18.58x |
| Max industry PE | 6,239.55x |
| Median industry PE | 36.65x |
| Average industry PE | 599.68x |
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