DELTON CABLES
|
The Current P/E Ratio of DELTON CABLES is 29.22.
Share Price | ₹732.4 | Nov 22,2024 |
Market Cap | ₹629.8 Cr | |
Earnings-TTM | ₹21.6 Cr | TTM-Standalone Results |
Price/Earnings | 29.22x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of DELTON CABLES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹629.8 Cr] as on Nov 22,2024
(/) Earnings [ ₹21.6 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 29.22x ]
Thus, for DELTON CABLES , the investors are currently willing to pay 29.22 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 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 Ratio | Market Cap |
---|---|---|---|
DELTON CABLES | 21.56 | 29.22 | 629.8 |
POLYCAB INDIA LTD | 1,816.81 | 54.78 | 99,520.7 |
KEI INDUSTRIES LTD | 624.32 | 57.74 | 36,048.1 |
RR KABEL LTD | 263.04 | 64.28 | 16,908.3 |
FINOLEX CABLES LTD | 457.02 | 37.40 | 17,091.7 |
STERLITE TECHNOLOGIES LTD | -195.00 | -28.53 | 5,563.5 |
PRECISION WIRES INDIA LTD | 81.47 | 38.15 | 3,107.7 |
PARAMOUNT COMMUNICATIONS LTD | 97.15 | 20.96 | 2,036.4 |
UNIVERSAL CABLES LTD | 41.48 | 49.48 | 2,052.4 |
DYNAMIC CABLES LTD | 46.75 | 48.24 | 2,255.1 |
BIRLA CABLE LTD | 7.36 | 83.85 | 616.8 |
Cable Industry Benchmark (Top 10) PE Analysis vs DELTON CABLES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -28.53x |
Max industry PE | 83.85x |
Median industry PE | 48.24x |
Average industry PE | 41.41x |
You may also like the below Video Courses