FINOLEX CABLES
|
The Current P/E Ratio of FINOLEX CABLES is 31.01.
| Share Price | ₹1,032.6 | Jul 14,2026 |
| Market Cap | ₹15,788.5 Cr | |
| Earnings-TTM | ₹509.2 Cr | TTM-Consolidated Results |
| Price/Earnings | 31.01x | 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 [ ₹15,788.5 Cr] as on Jul 14,2026
(/) Earnings [ ₹509.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 31.01x ]
Thus, for FINOLEX CABLES , the investors are currently willing to pay 31.01 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 | 509.18 | 31.01 | 15,788.5 |
| POLYCAB INDIA LTD | 2,708.43 | 53.01 | 143,573.0 |
| KEI INDUSTRIES LTD | 918.43 | 53.31 | 48,959.0 |
| RR KABEL LTD | 486.90 | 54.49 | 26,530.0 |
| STERLITE TECHNOLOGIES LTD | 56.00 | 488.68 | 27,365.8 |
| DIAMOND POWER INFRASTRUCTURE LTD | 158.17 | 75.00 | 11,862.1 |
| PRECISION WIRES INDIA LTD | 155.27 | 44.71 | 6,942.1 |
| UNIVERSAL CABLES LTD | 80.84 | 52.11 | 4,212.4 |
| ADVAIT ENERGY TRANSITIONS LTD | 59.52 | 39.24 | 2,335.4 |
| PARAMOUNT COMMUNICATIONS LTD | 59.75 | 35.73 | 2,135.0 |
| DYNAMIC CABLES LTD | 84.44 | 22.34 | 1,886.5 |
Cable Industry Benchmark (Top 10) PE Analysis vs FINOLEX CABLES 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 22.34x |
| Max industry PE | 488.68x |
| Median industry PE | 52.11x |
| Average industry PE | 86.33x |
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