POLYCAB INDIA
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The Current P/E Ratio of POLYCAB INDIA is 49.35.
Share Price | ₹7,357.6 | Sep 17,2025 |
Market Cap | ₹110,731.1 Cr | |
Earnings-TTM | ₹2,243.6 Cr | TTM-Consolidated Results |
Price/Earnings | 49.35x | 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 [ ₹110,731.1 Cr] as on Sep 17,2025
(/) Earnings [ ₹2,243.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 49.35x ]
Thus, for POLYCAB INDIA , the investors are currently willing to pay 49.35 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 | 2,243.61 | 49.35 | 110,731.1 |
KEI INDUSTRIES LTD | 741.91 | 53.33 | 39,565.9 |
FINOLEX CABLES LTD | 516.97 | 25.18 | 13,018.2 |
RR KABEL LTD | 334.38 | 41.75 | 13,959.4 |
STERLITE TECHNOLOGIES LTD | -21.00 | -287.81 | 6,044.0 |
PRECISION WIRES INDIA LTD | 94.89 | 35.37 | 3,355.9 |
PARAMOUNT COMMUNICATIONS LTD | 80.17 | 18.43 | 1,477.6 |
UNIVERSAL CABLES LTD | 58.71 | 43.82 | 2,572.5 |
DYNAMIC CABLES LTD | 71.43 | 29.26 | 2,090.0 |
DELTON CABLES LTD | 20.57 | 28.01 | 576.2 |
BIRLA CABLE LTD | 6.11 | 84.95 | 518.9 |
Cable Industry Benchmark (Top 10) PE Analysis vs POLYCAB INDIA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -287.81x |
Max industry PE | 84.95x |
Median industry PE | 35.37x |
Average industry PE | 11.06x |
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