PARAMOUNT COMMUNICATIONS
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The Current P/E Ratio of PARAMOUNT COMMUNICATIONS is 16.63.
Share Price | ₹53.3 | Mar 12,2025 |
Market Cap | ₹1,625.3 Cr | |
Earnings-TTM | ₹97.7 Cr | TTM-Consolidated Results |
Price/Earnings | 16.63x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of PARAMOUNT COMMUNICATIONS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,625.3 Cr] as on Mar 12,2025
(/) Earnings [ ₹97.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 16.63x ]
Thus, for PARAMOUNT COMMUNICATIONS , the investors are currently willing to pay 16.63 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 PARAMOUNT COMMUNICATIONS !
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 PARAMOUNT COMMUNICATIONS over the last five years.
Historical PE (Price/Earnings) ratio chart of PARAMOUNT COMMUNICATIONS
PE Ratio Performance Analysis for PARAMOUNT COMMUNICATIONS
- PARAMOUNT COMMUNICATIONS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 23.11x.
- PARAMOUNT COMMUNICATIONS 's operated at median p/e ratio of 23.08x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PARAMOUNT COMMUNICATIONS 's p/e ratio peaked in Mar2021 at 51.35x.
- PARAMOUNT COMMUNICATIONS 's p/e ratio hit its five-year low in Mar2020 of 4.69x.
How does PARAMOUNT COMMUNICATIONS 's P/E Ratio benchmark against top 10 peers in Cable Industry?
Peer Comparison (Cable Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
PARAMOUNT COMMUNICATIONS | 97.72 | 16.63 | 1,625.3 |
POLYCAB INDIA LTD | 1,864.65 | 40.42 | 75,371.6 |
KEI INDUSTRIES LTD | 638.46 | 45.82 | 29,256.3 |
FINOLEX CABLES LTD | 461.40 | 26.39 | 12,177.8 |
RR KABEL LTD | 260.26 | 38.65 | 10,058.0 |
STERLITE TECHNOLOGIES LTD | -166.00 | -23.54 | 3,908.5 |
PRECISION WIRES INDIA LTD | 82.37 | 29.23 | 2,407.4 |
UNIVERSAL CABLES LTD | 42.31 | 39.28 | 1,662.1 |
DYNAMIC CABLES LTD | 55.03 | 25.99 | 1,430.4 |
DELTON CABLES LTD | 21.18 | 30.25 | 640.8 |
BIRLA CABLE LTD | 5.00 | 82.61 | 413.0 |
Cable Industry Benchmark (Top 10) PE Analysis vs PARAMOUNT COMMUNICATIONS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -23.54x |
Max industry PE | 82.61x |
Median industry PE | 30.25x |
Average industry PE | 31.98x |
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