Home > PE Ratio > POLYCAB INDIA

POLYCAB INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of POLYCAB INDIA is 48.64.

Share Price ₹7,251.8Sep 12,2025
Market Cap ₹109,139.6 Cr
Earnings-TTM₹2,243.6 CrTTM-Consolidated Results
Price/Earnings48.64xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for POLYCAB INDIA
Please provide your vote to see the results
POLYCAB INDIA is part of below Screeners ↓
Top Mid Cap Stocks with Best Fundamentals
Best 1M Momentum Mid Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of POLYCAB INDIA

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 POLYCAB INDIA is calculated as :

Current Market Cap [ ₹109,139.6 Cr] as on Sep 12,2025

(/) Earnings [ ₹2,243.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 48.64x ]

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

Thus, for POLYCAB INDIA , the investors are currently willing to pay 48.64 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 POLYCAB INDIA !

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 POLYCAB INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of POLYCAB INDIA


PE Ratio Performance Analysis for POLYCAB INDIA

- POLYCAB INDIA 's latest p/e ratio is 48.64x.

- POLYCAB INDIA 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 35.43x.

- POLYCAB INDIA 's operated at median p/e ratio of 38.34x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, POLYCAB INDIA 's p/e ratio peaked in Mar2024 at 42.66x.

- POLYCAB INDIA 's p/e ratio hit its five-year low in Mar2021 of 23.33x.


How does POLYCAB INDIA 's P/E Ratio benchmark against top 10 peers in Cable Industry?

Peer Comparison (Cable Industry)Earnings-TTM (Cr)PE RatioMarket Cap
POLYCAB INDIA 2,243.6148.64109,139.6
KEI INDUSTRIES LTD741.9153.1539,435.0
FINOLEX CABLES LTD516.9725.0212,935.6
RR KABEL LTD334.3842.0714,069.1
STERLITE TECHNOLOGIES LTD-21.00-278.165,841.5
PRECISION WIRES INDIA LTD94.8934.553,278.5
PARAMOUNT COMMUNICATIONS LTD80.1717.961,439.8
UNIVERSAL CABLES LTD58.7142.402,489.2
DYNAMIC CABLES LTD71.4329.232,087.8
DELTON CABLES LTD20.5728.90594.4
BIRLA CABLE LTD6.1180.94494.4

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

Top 10 Industry PeersPE Ratio
Min industry PE -278.16x
Max industry PE 80.94x
Median industry PE 34.55x
Average industry PE 11.34x



You may also like the below Video Courses