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DELTON CABLES
PE (Price/Earnings) Ratio

The Current P/E Ratio of DELTON CABLES is 37.48.

Share Price ₹715.0Oct 17,2024
Market Cap ₹614.9 Cr
Earnings-TTM₹16.4 CrTTM-Standalone Results
Price/Earnings37.48xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of DELTON CABLES

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 DELTON CABLES is calculated as :

Current Market Cap [ ₹614.9 Cr] as on Oct 17,2024

(/) Earnings [ ₹16.4 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 37.48x ]

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

Thus, for DELTON CABLES , the investors are currently willing to pay 37.48 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 DELTON 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 DELTON CABLES over the last five years.

Historical PE (Price/Earnings) ratio chart of DELTON CABLES


PE Ratio Performance Analysis for DELTON CABLES

- DELTON CABLES 's latest p/e ratio is 37.48x.

- DELTON CABLES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 43.95x.

- DELTON CABLES 's operated at median p/e ratio of 45.2x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, DELTON CABLES 's p/e ratio peaked in Mar2023 at 95.95x.

- DELTON CABLES 's p/e ratio hit its five-year low in Mar2020 of 2.7x.


How does DELTON CABLES 's P/E Ratio benchmark against top 10 peers in Cable Industry?

Peer Comparison (Cable Industry)Earnings-TTM (Cr)PE RatioMarket Cap
DELTON CABLES 16.4037.48614.9
POLYCAB INDIA LTD1,816.8158.79106,812.0
KEI INDUSTRIES LTD624.3259.9337,413.7
RR KABEL LTD287.2368.4319,653.8
FINOLEX CABLES LTD468.8442.8220,077.9
STERLITE TECHNOLOGIES LTD-158.00-37.375,904.2
PRECISION WIRES INDIA LTD78.5446.813,676.8
PARAMOUNT COMMUNICATIONS LTD96.3124.272,337.6
UNIVERSAL CABLES LTD28.9477.802,251.7
DYNAMIC CABLES LTD37.9935.671,355.0
BIRLA CABLE LTD10.5866.21700.7

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

Top 10 Industry PeersPE Ratio
Min industry PE -37.37x
Max industry PE 77.80x
Median industry PE 46.81x
Average industry PE 43.71x



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