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PARAMOUNT COMMUNICATIONS
PE (Price/Earnings) Ratio

The Current P/E Ratio of PARAMOUNT COMMUNICATIONS is 16.03.

Share Price ₹51.4Apr 01,2025
Market Cap ₹1,566.2 Cr
Earnings-TTM₹97.7 CrTTM-Consolidated Results
Price/Earnings16.03xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of PARAMOUNT COMMUNICATIONS

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 PARAMOUNT COMMUNICATIONS is calculated as :

Current Market Cap [ ₹1,566.2 Cr] as on Apr 01,2025

(/) Earnings [ ₹97.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 16.03x ]

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

Thus, for PARAMOUNT COMMUNICATIONS , the investors are currently willing to pay 16.03 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 latest p/e ratio is 16.03x.

- 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 RatioMarket Cap
PARAMOUNT COMMUNICATIONS 97.7216.031,566.2
POLYCAB INDIA LTD1,864.6541.1576,721.7
KEI INDUSTRIES LTD638.4642.3227,018.0
FINOLEX CABLES LTD461.4029.4213,574.9
RR KABEL LTD260.2640.5410,552.0
STERLITE TECHNOLOGIES LTD-166.00-25.034,154.7
PRECISION WIRES INDIA LTD82.3729.002,388.6
UNIVERSAL CABLES LTD42.3140.921,731.5
DYNAMIC CABLES LTD55.0325.081,379.9
DELTON CABLES LTD21.1826.56562.5
BIRLA CABLE LTD5.0094.88474.3

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

Top 10 Industry PeersPE Ratio
Min industry PE -25.03x
Max industry PE 94.88x
Median industry PE 29.42x
Average industry PE 32.81x



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