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FINOLEX CABLES
PE (Price/Earnings) Ratio

The Current P/E Ratio of FINOLEX CABLES is 30.99.

Share Price ₹950.0Jul 15,2025
Market Cap ₹14,525.5 Cr
Earnings-TTM₹468.7 CrTTM-Consolidated Results
Price/Earnings30.99xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of FINOLEX CABLES

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of FINOLEX CABLES is calculated as :

Current Market Cap [ ₹14,525.5 Cr] as on Jul 15,2025

(/) Earnings [ ₹468.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 30.99x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for FINOLEX CABLES , the investors are currently willing to pay 30.99 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 latest p/e ratio is 30.99x.

- 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 RatioMarket Cap
FINOLEX CABLES 468.7430.9914,525.5
POLYCAB INDIA LTD2,045.5451.11104,547.0
KEI INDUSTRIES LTD696.4153.4037,189.1
RR KABEL LTD309.5250.4315,608.7
STERLITE TECHNOLOGIES LTD-78.00-71.325,562.7
PRECISION WIRES INDIA LTD90.0438.893,501.7
PARAMOUNT COMMUNICATIONS LTD86.9721.121,836.6
UNIVERSAL CABLES LTD43.1862.832,713.0
DYNAMIC CABLES LTD64.8235.352,291.6
DELTON CABLES LTD20.5128.31580.6
BIRLA CABLE LTD4.89109.73536.7

Cable Industry Benchmark (Top 10) PE Analysis vs FINOLEX CABLES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -71.32x
Max industry PE 109.73x
Median industry PE 38.89x
Average industry PE 37.35x



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