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DELTON CABLES
PE (Price/Earnings) Ratio

The Current P/E Ratio of DELTON CABLES is 29.22.

Share Price ₹732.4Nov 22,2024
Market Cap ₹629.8 Cr
Earnings-TTM₹21.6 CrTTM-Standalone Results
Price/Earnings29.22xCalculated 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 [ ₹629.8 Cr] as on Nov 22,2024

(/) Earnings [ ₹21.6 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 29.22x ]

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 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 latest p/e ratio is 29.22x.

- 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 21.5629.22629.8
POLYCAB INDIA LTD1,816.8154.7899,520.7
KEI INDUSTRIES LTD624.3257.7436,048.1
RR KABEL LTD263.0464.2816,908.3
FINOLEX CABLES LTD457.0237.4017,091.7
STERLITE TECHNOLOGIES LTD-195.00-28.535,563.5
PRECISION WIRES INDIA LTD81.4738.153,107.7
PARAMOUNT COMMUNICATIONS LTD97.1520.962,036.4
UNIVERSAL CABLES LTD41.4849.482,052.4
DYNAMIC CABLES LTD46.7548.242,255.1
BIRLA CABLE LTD7.3683.85616.8

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

Top 10 Industry PeersPE Ratio
Min industry PE -28.53x
Max industry PE 83.85x
Median industry PE 48.24x
Average industry PE 41.41x



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