RR KABEL
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The Current P/E Ratio of RR KABEL is 75.63.
Share Price | ₹1,681.9 | Apr 26,2024 |
Market Cap | ₹18,971.3 Cr | |
Earnings-TTM | ₹250.8 Cr | TTM-Consolidated Results |
Price/Earnings | 75.63x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of RR KABEL
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹18,971.3 Cr] as on Apr 26,2024
(/) Earnings [ ₹250.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 75.63x ]
Thus, for RR KABEL , the investors are currently willing to pay 75.63 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 RR KABEL !
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 RR KABEL over the last five years.
Historical PE (Price/Earnings) ratio chart of RR KABEL
PE Ratio Performance Analysis for RR KABEL
- RR KABEL 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.00x.
- RR KABEL 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RR KABEL 's p/e ratio peaked in Mar2023 at 0x.
- RR KABEL 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does RR KABEL 's P/E Ratio benchmark against top 10 peers in Cable Industry?
Peer Comparison (Cable Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
RR KABEL | 250.84 | 75.63 | 18,971.3 |
POLYCAB INDIA LTD | 1,683.88 | 49.83 | 83,900.7 |
KEI INDUSTRIES LTD | 550.36 | 63.92 | 35,177.5 |
FINOLEX CABLES LTD | 488.74 | 31.43 | 15,358.9 |
STERLITE TECHNOLOGIES LTD | 94.00 | 70.10 | 6,589.5 |
PRECISION WIRES INDIA LTD | 63.81 | 38.82 | 2,477.1 |
PARAMOUNT COMMUNICATIONS LTD | 69.85 | 33.75 | 2,357.1 |
UNIVERSAL CABLES LTD | 23.29 | 86.37 | 2,011.5 |
DYNAMIC CABLES LTD | 33.98 | 28.59 | 971.5 |
BIRLA CABLE LTD | 33.29 | 24.74 | 823.7 |
DELTON CABLES LTD | 4.02 | 97.51 | 391.8 |
Cable Industry Benchmark (Top 10) PE Analysis vs RR KABEL 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 24.74x |
Max industry PE | 97.51x |
Median industry PE | 49.83x |
Average industry PE | 54.61x |
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