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PARAMOUNT COMMUNICATIONS
PE (Price/Earnings) Ratio

The Current P/E Ratio of PARAMOUNT COMMUNICATIONS is 21.13.

Share Price ₹67.7Feb 07,2025
Market Cap ₹2,064.9 Cr
Earnings-TTM₹97.7 CrTTM-Consolidated Results
Price/Earnings21.13xCalculated 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 [ ₹2,064.9 Cr] as on Feb 07,2025

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

(=) P/E Ratio [ 21.13x ]

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 21.13 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 21.13x.

- 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 97.7221.132,064.9
POLYCAB INDIA LTD1,864.6547.3488,270.5
KEI INDUSTRIES LTD638.4658.4937,340.5
RR KABEL LTD260.2651.7913,479.5
FINOLEX CABLES LTD457.0232.9415,052.3
STERLITE TECHNOLOGIES LTD-166.00-30.925,132.1
PRECISION WIRES INDIA LTD81.4734.332,796.9
UNIVERSAL CABLES LTD41.4852.752,188.1
DYNAMIC CABLES LTD55.0334.061,874.5
BIRLA CABLE LTD7.3675.55555.8
DELTON CABLES LTD21.5635.14757.6

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

Top 10 Industry PeersPE Ratio
Min industry PE -30.92x
Max industry PE 75.55x
Median industry PE 35.14x
Average industry PE 37.51x



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