UNIVERSAL CABLES
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The Current P/E Ratio of UNIVERSAL CABLES is 27.84.
| Share Price | ₹687.3 | Mar 02,2026 |
| Market Cap | ₹2,384.8 Cr | |
| Earnings-TTM | ₹85.7 Cr | TTM-Consolidated Results |
| Price/Earnings | 27.84x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of UNIVERSAL CABLES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹2,384.8 Cr] as on Mar 02,2026
(/) Earnings [ ₹85.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 27.84x ]
Thus, for UNIVERSAL CABLES , the investors are currently willing to pay 27.84 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 UNIVERSAL CABLES !
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 UNIVERSAL CABLES over the last five years.
Historical PE (Price/Earnings) ratio chart of UNIVERSAL CABLES
PE Ratio Performance Analysis for UNIVERSAL CABLES
- UNIVERSAL CABLES 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 11.55x.
- UNIVERSAL CABLES 's operated at median p/e ratio of 10.56x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, UNIVERSAL CABLES 's p/e ratio peaked in Mar2025 at 19.19x.
- UNIVERSAL CABLES 's p/e ratio hit its five-year low in Mar2022 of 6.4x.
How does UNIVERSAL CABLES 's P/E Ratio benchmark against top 10 peers in Cable Industry?
| Peer Comparison (Cable Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| UNIVERSAL CABLES | 85.66 | 27.84 | 2,384.8 |
| POLYCAB INDIA LTD | 2,657.19 | 48.43 | 128,696.0 |
| KEI INDUSTRIES LTD | 860.67 | 57.79 | 49,740.5 |
| FINOLEX CABLES LTD | 535.04 | 27.04 | 14,468.8 |
| RR KABEL LTD | 448.57 | 38.65 | 17,336.1 |
| STERLITE TECHNOLOGIES LTD | 2.00 | 4,218.44 | 8,436.9 |
| PRECISION WIRES INDIA LTD | 129.98 | 45.50 | 5,913.8 |
| PARAMOUNT COMMUNICATIONS LTD | 57.97 | 17.99 | 1,042.6 |
| DYNAMIC CABLES LTD | 83.83 | 16.74 | 1,403.4 |
| DELTON CABLES LTD | 19.10 | 21.15 | 403.9 |
| BIRLA CABLE LTD | 7.58 | 56.12 | 425.6 |
Cable Industry Benchmark (Top 10) PE Analysis vs UNIVERSAL CABLES 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 16.74x |
| Max industry PE | 4,218.44x |
| Median industry PE | 38.65x |
| Average industry PE | 415.97x |
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