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RR KABEL
PE (Price/Earnings) Ratio

The Current P/E Ratio of RR KABEL is 75.63.

Share Price ₹1,681.9Apr 26,2024
Market Cap ₹18,971.3 Cr
Earnings-TTM₹250.8 CrTTM-Consolidated Results
Price/Earnings75.63xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of RR KABEL

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 RR KABEL is calculated as :

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 ]

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

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 latest p/e ratio is 75.63x.

- 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 RatioMarket Cap
RR KABEL 250.8475.6318,971.3
POLYCAB INDIA LTD1,683.8849.8383,900.7
KEI INDUSTRIES LTD550.3663.9235,177.5
FINOLEX CABLES LTD488.7431.4315,358.9
STERLITE TECHNOLOGIES LTD94.0070.106,589.5
PRECISION WIRES INDIA LTD63.8138.822,477.1
PARAMOUNT COMMUNICATIONS LTD69.8533.752,357.1
UNIVERSAL CABLES LTD23.2986.372,011.5
DYNAMIC CABLES LTD33.9828.59971.5
BIRLA CABLE LTD33.2924.74823.7
DELTON CABLES LTD4.0297.51391.8

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

Top 10 Industry PeersPE 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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