POLYCAB INDIA
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The Current P/E Ratio of POLYCAB INDIA is 48.13.
| Share Price | ₹9,279.0 | Aug 14,2026 |
| Market Cap | ₹139,834.5 Cr | |
| Earnings-TTM | ₹2,905.4 Cr | TTM-Consolidated Results |
| Price/Earnings | 48.13x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of POLYCAB INDIA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹139,834.5 Cr] as on Aug 14,2026
(/) Earnings [ ₹2,905.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 48.13x ]
Thus, for POLYCAB INDIA , the investors are currently willing to pay 48.13 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 p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 38.47x.
- POLYCAB INDIA 's operated at median p/e ratio of 38.54x 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 Mar2023 of 33.92x.
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 | 2,905.39 | 48.13 | 139,834.5 |
| KEI INDUSTRIES LTD | 996.83 | 54.67 | 54,492.3 |
| RR KABEL LTD | 601.24 | 52.38 | 31,493.1 |
| STERLITE TECHNOLOGIES LTD | 243.00 | 136.93 | 33,273.2 |
| FINOLEX CABLES LTD | 580.98 | 32.76 | 19,031.0 |
| DIAMOND POWER INFRASTRUCTURE LTD | 196.51 | 112.24 | 22,056.9 |
| PRECISION WIRES INDIA LTD | 174.63 | 47.85 | 8,357.0 |
| UNIVERSAL CABLES LTD | 97.06 | 58.74 | 5,701.2 |
| ADVAIT ENERGY TRANSITIONS LTD | 65.45 | 35.17 | 2,301.8 |
| PARAMOUNT COMMUNICATIONS LTD | 59.75 | 35.78 | 2,137.9 |
| DYNAMIC CABLES LTD | 91.18 | 23.93 | 2,182.3 |
Cable Industry Benchmark (Top 10) PE Analysis vs POLYCAB INDIA 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 23.93x |
| Max industry PE | 136.93x |
| Median industry PE | 48.13x |
| Average industry PE | 58.05x |
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