FINOLEX CABLES
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The Current P/E Ratio of FINOLEX CABLES is 29.24.
Share Price | ₹896.4 | Jul 30,2025 |
Market Cap | ₹13,706.0 Cr | |
Earnings-TTM | ₹468.7 Cr | TTM-Consolidated Results |
Price/Earnings | 29.24x | Calculated as Market Cap/Earnings |
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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 [ ₹13,706.0 Cr] as on Jul 30,2025
(/) Earnings [ ₹468.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 29.24x ]
Thus, for FINOLEX CABLES , the investors are currently willing to pay 29.24 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 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 | 468.74 | 29.24 | 13,706.0 |
POLYCAB INDIA LTD | 2,243.61 | 46.48 | 104,292.0 |
KEI INDUSTRIES LTD | 741.91 | 50.27 | 37,299.0 |
RR KABEL LTD | 309.52 | 51.66 | 15,990.4 |
STERLITE TECHNOLOGIES LTD | -21.00 | -284.76 | 5,979.9 |
PRECISION WIRES INDIA LTD | 90.04 | 36.09 | 3,249.7 |
PARAMOUNT COMMUNICATIONS LTD | 86.97 | 20.05 | 1,743.9 |
UNIVERSAL CABLES LTD | 43.18 | 58.14 | 2,510.7 |
DYNAMIC CABLES LTD | 71.43 | 27.63 | 1,973.7 |
DELTON CABLES LTD | 20.51 | 35.75 | 733.2 |
BIRLA CABLE LTD | 4.89 | 104.64 | 511.8 |
Cable Industry Benchmark (Top 10) PE Analysis vs FINOLEX CABLES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -284.76x |
Max industry PE | 104.64x |
Median industry PE | 36.09x |
Average industry PE | 15.93x |
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