POLYCAB INDIA
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The Current P/E Ratio of POLYCAB INDIA is 53.01.
| Share Price | ₹9,533.8 | Jun 25,2026 |
| Market Cap | ₹143,579.0 Cr | |
| Earnings-TTM | ₹2,708.4 Cr | TTM-Consolidated Results |
| Price/Earnings | 53.01x | 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 [ ₹143,579.0 Cr] as on Jun 25,2026
(/) Earnings [ ₹2,708.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 53.01x ]
Thus, for POLYCAB INDIA , the investors are currently willing to pay 53.01 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 | 2,708.43 | 53.01 | 143,579.0 |
| KEI INDUSTRIES LTD | 918.43 | 54.76 | 50,296.4 |
| RR KABEL LTD | 486.90 | 57.86 | 28,174.0 |
| STERLITE TECHNOLOGIES LTD | 56.00 | 534.15 | 29,912.5 |
| FINOLEX CABLES LTD | 509.18 | 33.49 | 17,051.2 |
| DIAMOND POWER INFRASTRUCTURE LTD | 158.17 | 68.80 | 10,882.0 |
| PRECISION WIRES INDIA LTD | 155.27 | 49.56 | 7,694.3 |
| UNIVERSAL CABLES LTD | 80.84 | 52.18 | 4,218.6 |
| ADVAIT ENERGY TRANSITIONS LTD | 59.52 | 41.84 | 2,490.3 |
| PARAMOUNT COMMUNICATIONS LTD | 59.75 | 35.86 | 2,142.9 |
| DYNAMIC CABLES LTD | 84.44 | 21.65 | 1,827.9 |
Cable Industry Benchmark (Top 10) PE Analysis vs POLYCAB INDIA 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 21.65x |
| Max industry PE | 534.15x |
| Median industry PE | 52.18x |
| Average industry PE | 91.20x |
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