PARAMOUNT COMMUNICATIONS
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The Current P/E Ratio of PARAMOUNT COMMUNICATIONS is 21.12.
Share Price | ₹60.2 | Jul 15,2025 |
Market Cap | ₹1,836.4 Cr | |
Earnings-TTM | ₹87.0 Cr | TTM-Consolidated Results |
Price/Earnings | 21.12x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of PARAMOUNT COMMUNICATIONS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,836.4 Cr] as on Jul 15,2025
(/) Earnings [ ₹87.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 21.12x ]
Thus, for PARAMOUNT COMMUNICATIONS , the investors are currently willing to pay 21.12 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 PARAMOUNT COMMUNICATIONS !
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 PARAMOUNT COMMUNICATIONS over the last five years.
Historical PE (Price/Earnings) ratio chart of PARAMOUNT COMMUNICATIONS
PE Ratio Performance Analysis for PARAMOUNT COMMUNICATIONS
- PARAMOUNT COMMUNICATIONS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 23.11x.
- PARAMOUNT COMMUNICATIONS 's operated at median p/e ratio of 23.08x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PARAMOUNT COMMUNICATIONS 's p/e ratio peaked in Mar2021 at 51.35x.
- PARAMOUNT COMMUNICATIONS 's p/e ratio hit its five-year low in Mar2020 of 4.69x.
How does PARAMOUNT COMMUNICATIONS 's P/E Ratio benchmark against top 10 peers in Cable Industry?
Peer Comparison (Cable Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
PARAMOUNT COMMUNICATIONS | 86.97 | 21.12 | 1,836.4 |
POLYCAB INDIA LTD | 2,045.54 | 51.11 | 104,547.0 |
KEI INDUSTRIES LTD | 696.41 | 53.40 | 37,189.1 |
FINOLEX CABLES LTD | 468.74 | 31.00 | 14,529.2 |
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 |
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 PARAMOUNT COMMUNICATIONS '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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