POLYCAB INDIA
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The Current P/E Ratio of POLYCAB INDIA is 43.64.
Share Price | ₹5,410.5 | Apr 21,2025 |
Market Cap | ₹81,373.2 Cr | |
Earnings-TTM | ₹1,864.7 Cr | TTM-Consolidated Results |
Price/Earnings | 43.64x | 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 [ ₹81,373.2 Cr] as on Apr 21,2025
(/) Earnings [ ₹1,864.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 43.64x ]
Thus, for POLYCAB INDIA , the investors are currently willing to pay 43.64 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 Mar2024 to Mar2020 averaged 30.67x.
- POLYCAB INDIA 's operated at median p/e ratio of 33.92x 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 Mar2020 of 14.55x.
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 | 1,864.65 | 43.64 | 81,373.2 |
KEI INDUSTRIES LTD | 638.46 | 43.27 | 27,628.6 |
FINOLEX CABLES LTD | 461.40 | 29.75 | 13,724.8 |
RR KABEL LTD | 260.26 | 41.63 | 10,834.1 |
STERLITE TECHNOLOGIES LTD | -166.00 | -25.65 | 4,257.6 |
PRECISION WIRES INDIA LTD | 82.37 | 31.17 | 2,567.3 |
PARAMOUNT COMMUNICATIONS LTD | 97.72 | 16.40 | 1,603.0 |
UNIVERSAL CABLES LTD | 42.31 | 38.62 | 1,634.0 |
DYNAMIC CABLES LTD | 55.03 | 25.52 | 1,404.1 |
DELTON CABLES LTD | 21.18 | 28.39 | 601.3 |
BIRLA CABLE LTD | 5.00 | 94.52 | 472.5 |
Cable Industry Benchmark (Top 10) PE Analysis vs POLYCAB INDIA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -25.65x |
Max industry PE | 94.52x |
Median industry PE | 31.17x |
Average industry PE | 33.39x |
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