DYNAMIC CABLES
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The Current P/E Ratio of DYNAMIC CABLES is 48.18.
Share Price | ₹930.8 | Nov 22,2024 |
Market Cap | ₹2,252.4 Cr | |
Earnings-TTM | ₹46.7 Cr | TTM-Standalone Results |
Price/Earnings | 48.18x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of DYNAMIC CABLES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹2,252.4 Cr] as on Nov 22,2024
(/) Earnings [ ₹46.7 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 48.18x ]
Thus, for DYNAMIC CABLES , the investors are currently willing to pay 48.18 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 DYNAMIC 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 DYNAMIC CABLES over the last five years.
Historical PE (Price/Earnings) ratio chart of DYNAMIC CABLES
PE Ratio Performance Analysis for DYNAMIC CABLES
- DYNAMIC CABLES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 9.98x.
- DYNAMIC CABLES 's operated at median p/e ratio of 8.73x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, DYNAMIC CABLES 's p/e ratio peaked in Mar2024 at 21.62x.
- DYNAMIC CABLES 's p/e ratio hit its five-year low in Mar2020 of 2.34x.
How does DYNAMIC CABLES 's P/E Ratio benchmark against top 10 peers in Cable Industry?
Peer Comparison (Cable Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
DYNAMIC CABLES | 46.75 | 48.18 | 2,252.4 |
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 |
BIRLA CABLE LTD | 7.36 | 83.85 | 616.8 |
DELTON CABLES LTD | 21.56 | 29.35 | 632.8 |
Cable Industry Benchmark (Top 10) PE Analysis vs DYNAMIC CABLES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -28.53x |
Max industry PE | 83.85x |
Median industry PE | 48.18x |
Average industry PE | 41.42x |
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