FINOLEX CABLES
|
The Current P/E Ratio of FINOLEX CABLES is 22.84.
| Share Price | ₹799.3 | Apr 02,2026 |
| Market Cap | ₹12,220.5 Cr | |
| Earnings-TTM | ₹535.0 Cr | TTM-Consolidated Results |
| Price/Earnings | 22.84x | 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 [ ₹12,220.5 Cr] as on Apr 02,2026
(/) Earnings [ ₹535.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 22.84x ]
Thus, for FINOLEX CABLES , the investors are currently willing to pay 22.84 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 | 22.84 | 12,220.5 |
| POLYCAB INDIA LTD | 2,657.19 | 38.94 | 103,458.0 |
| KEI INDUSTRIES LTD | 860.67 | 45.00 | 38,726.4 |
| RR KABEL LTD | 448.57 | 33.60 | 15,074.1 |
| STERLITE TECHNOLOGIES LTD | 2.00 | 4,341.94 | 8,683.9 |
| PRECISION WIRES INDIA LTD | 129.98 | 42.19 | 5,483.3 |
| PARAMOUNT COMMUNICATIONS LTD | 57.97 | 17.13 | 993.2 |
| UNIVERSAL CABLES LTD | 85.66 | 27.18 | 2,328.4 |
| DYNAMIC CABLES LTD | 83.83 | 15.60 | 1,307.9 |
| DELTON CABLES LTD | 19.10 | 17.53 | 334.8 |
| BIRLA CABLE LTD | 7.58 | 45.14 | 342.3 |
Cable Industry Benchmark (Top 10) PE Analysis vs FINOLEX CABLES 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 15.60x |
| Max industry PE | 4,341.94x |
| Median industry PE | 33.60x |
| Average industry PE | 422.46x |
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