POLYCAB INDIA
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The Current P/E Ratio of POLYCAB INDIA is 44.40.
| Share Price | ₹6,034.6 | Jun 13,2025 |
| Market Cap | ₹90,820.7 Cr | |
| Earnings-TTM | ₹2,045.5 Cr | TTM-Consolidated Results |
| Price/Earnings | 44.40x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
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)
Current Market Cap [ ₹90,820.7 Cr] as on Jun 13,2025
(/) Earnings [ ₹2,045.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 44.40x ]
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 44.40 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.
Thus, for POLYCAB INDIA , the investors are currently willing to pay 44.40 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 44.40x.
- 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.
- 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 Ratio | Market Cap |
|---|---|---|---|
| POLYCAB INDIA | 2,045.54 | 44.40 | 90,820.7 |
| KEI INDUSTRIES LTD | 696.41 | 50.36 | 35,068.8 |
| FINOLEX CABLES LTD | 468.74 | 31.30 | 14,669.9 |
| RR KABEL LTD | 309.52 | 49.74 | 15,394.9 |
| STERLITE TECHNOLOGIES LTD | -78.00 | -52.14 | 4,066.9 |
| PRECISION WIRES INDIA LTD | 90.04 | 36.15 | 3,255.1 |
| PARAMOUNT COMMUNICATIONS LTD | 86.97 | 18.77 | 1,632.5 |
| UNIVERSAL CABLES LTD | 43.18 | 51.78 | 2,235.9 |
| DYNAMIC CABLES LTD | 64.82 | 32.38 | 2,099.1 |
| DELTON CABLES LTD | 20.51 | 31.53 | 646.6 |
| BIRLA CABLE LTD | 4.89 | 109.92 | 537.6 |
Cable Industry Benchmark (Top 10) PE Analysis vs POLYCAB INDIA 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -52.14x |
| Max industry PE | 109.92x |
| Median industry PE | 36.15x |
| Average industry PE | 36.74x |
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