FINOLEX CABLES
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The Current P/E Ratio of FINOLEX CABLES is 30.99.
Share Price | ₹950.0 | Jul 15,2025 |
Market Cap | ₹14,525.5 Cr | |
Earnings-TTM | ₹468.7 Cr | TTM-Consolidated Results |
Price/Earnings | 30.99x | 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 [ ₹14,525.5 Cr] as on Jul 15,2025
(/) Earnings [ ₹468.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 30.99x ]
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 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 | 30.99 | 14,525.5 |
POLYCAB INDIA LTD | 2,045.54 | 51.11 | 104,547.0 |
KEI INDUSTRIES LTD | 696.41 | 53.40 | 37,189.1 |
RR KABEL LTD | 309.52 | 50.43 | 15,608.7 |
STERLITE TECHNOLOGIES LTD | -78.00 | -71.32 | 5,562.7 |
PRECISION WIRES INDIA LTD | 90.04 | 38.89 | 3,501.7 |
PARAMOUNT COMMUNICATIONS LTD | 86.97 | 21.12 | 1,836.6 |
UNIVERSAL CABLES LTD | 43.18 | 62.83 | 2,713.0 |
DYNAMIC CABLES LTD | 64.82 | 35.35 | 2,291.6 |
DELTON CABLES LTD | 20.51 | 28.31 | 580.6 |
BIRLA CABLE LTD | 4.89 | 109.73 | 536.7 |
Cable Industry Benchmark (Top 10) PE Analysis vs FINOLEX CABLES 's P/E Ratio
Top 10 Industry Peers | PE 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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