FINOLEX CABLES
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The Current P/E Ratio of FINOLEX CABLES is 33.66.
| Share Price | ₹1,177.9 | May 27,2026 |
| Market Cap | ₹18,010.1 Cr | |
| Earnings-TTM | ₹535.0 Cr | TTM-Consolidated Results |
| Price/Earnings | 33.66x | 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 [ ₹18,010.1 Cr] as on May 27,2026
(/) Earnings [ ₹535.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 33.66x ]
Thus, for FINOLEX CABLES , the investors are currently willing to pay 33.66 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 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 | 33.66 | 18,010.1 |
| POLYCAB INDIA LTD | 2,708.43 | 53.70 | 145,434.0 |
| KEI INDUSTRIES LTD | 918.43 | 56.68 | 52,055.5 |
| RR KABEL LTD | 486.90 | 45.27 | 22,043.1 |
| STERLITE TECHNOLOGIES LTD | 56.00 | 445.37 | 24,940.5 |
| DIAMOND POWER INFRASTRUCTURE LTD | 158.17 | 66.03 | 10,444.6 |
| PRECISION WIRES INDIA LTD | 155.27 | 52.39 | 8,134.9 |
| UNIVERSAL CABLES LTD | 80.84 | 50.09 | 4,049.1 |
| ADVAIT ENERGY TRANSITIONS LTD | 59.52 | 37.89 | 2,255.1 |
| PARAMOUNT COMMUNICATIONS LTD | 59.75 | 34.69 | 2,073.0 |
| DYNAMIC CABLES LTD | 84.44 | 18.68 | 1,577.6 |
Cable Industry Benchmark (Top 10) PE Analysis vs FINOLEX CABLES 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 18.68x |
| Max industry PE | 445.37x |
| Median industry PE | 50.09x |
| Average industry PE | 81.31x |
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