PARAMOUNT COMMUNICATIONS
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The Current P/E Ratio of PARAMOUNT COMMUNICATIONS is 21.13.
Share Price | ₹67.7 | Feb 07,2025 |
Market Cap | ₹2,064.9 Cr | |
Earnings-TTM | ₹97.7 Cr | TTM-Consolidated Results |
Price/Earnings | 21.13x | 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 [ ₹2,064.9 Cr] as on Feb 07,2025
(/) Earnings [ ₹97.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 21.13x ]
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 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 | 21.13 | 2,064.9 |
POLYCAB INDIA LTD | 1,864.65 | 47.34 | 88,270.5 |
KEI INDUSTRIES LTD | 638.46 | 58.49 | 37,340.5 |
RR KABEL LTD | 260.26 | 51.79 | 13,479.5 |
FINOLEX CABLES LTD | 457.02 | 32.94 | 15,052.3 |
STERLITE TECHNOLOGIES LTD | -166.00 | -30.92 | 5,132.1 |
PRECISION WIRES INDIA LTD | 81.47 | 34.33 | 2,796.9 |
UNIVERSAL CABLES LTD | 41.48 | 52.75 | 2,188.1 |
DYNAMIC CABLES LTD | 55.03 | 34.06 | 1,874.5 |
BIRLA CABLE LTD | 7.36 | 75.55 | 555.8 |
DELTON CABLES LTD | 21.56 | 35.14 | 757.6 |
Cable Industry Benchmark (Top 10) PE Analysis vs PARAMOUNT COMMUNICATIONS 's P/E Ratio
Top 10 Industry Peers | PE 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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