POLYCAB INDIA
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The Current P/E Ratio of POLYCAB INDIA is 50.08.
Share Price | ₹6,807.0 | Jul 03,2025 |
Market Cap | ₹102,445.4 Cr | |
Earnings-TTM | ₹2,045.5 Cr | TTM-Consolidated Results |
Price/Earnings | 50.08x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of POLYCAB INDIA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹102,445.4 Cr] as on Jul 03,2025
(/) Earnings [ ₹2,045.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 50.08x ]
Thus, for POLYCAB INDIA , the investors are currently willing to pay 50.08 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 POLYCAB INDIA !
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 POLYCAB INDIA over the last five years.
Historical PE (Price/Earnings) ratio chart of POLYCAB INDIA
PE Ratio Performance Analysis for POLYCAB INDIA
- POLYCAB INDIA 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 35.43x.
- POLYCAB INDIA 's operated at median p/e ratio of 38.34x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, POLYCAB INDIA 's p/e ratio peaked in Mar2024 at 42.66x.
- POLYCAB INDIA 's p/e ratio hit its five-year low in Mar2021 of 23.33x.
How does POLYCAB INDIA 's P/E Ratio benchmark against top 10 peers in Cable Industry?
Peer Comparison (Cable Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
POLYCAB INDIA | 2,045.54 | 50.08 | 102,445.4 |
KEI INDUSTRIES LTD | 696.41 | 52.69 | 36,697.4 |
FINOLEX CABLES LTD | 468.74 | 32.01 | 15,006.4 |
RR KABEL LTD | 309.52 | 50.84 | 15,734.8 |
STERLITE TECHNOLOGIES LTD | -78.00 | -71.09 | 5,545.4 |
PRECISION WIRES INDIA LTD | 90.04 | 37.42 | 3,369.5 |
PARAMOUNT COMMUNICATIONS LTD | 86.97 | 20.77 | 1,806.4 |
UNIVERSAL CABLES LTD | 43.18 | 62.37 | 2,693.4 |
DYNAMIC CABLES LTD | 64.82 | 35.25 | 2,284.6 |
DELTON CABLES LTD | 20.51 | 29.74 | 610.0 |
BIRLA CABLE LTD | 4.89 | 111.14 | 543.6 |
Cable Industry Benchmark (Top 10) PE Analysis vs POLYCAB INDIA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -71.09x |
Max industry PE | 111.14x |
Median industry PE | 37.42x |
Average industry PE | 37.38x |
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