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POLYCAB INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of POLYCAB INDIA is 50.08.

Share Price ₹6,807.0Jul 03,2025
Market Cap ₹102,445.4 Cr
Earnings-TTM₹2,045.5 CrTTM-Consolidated Results
Price/Earnings50.08xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of POLYCAB INDIA

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 POLYCAB INDIA is calculated as :

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 ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

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 latest p/e ratio is 50.08x.

- 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 RatioMarket Cap
POLYCAB INDIA 2,045.5450.08102,445.4
KEI INDUSTRIES LTD696.4152.6936,697.4
FINOLEX CABLES LTD468.7432.0115,006.4
RR KABEL LTD309.5250.8415,734.8
STERLITE TECHNOLOGIES LTD-78.00-71.095,545.4
PRECISION WIRES INDIA LTD90.0437.423,369.5
PARAMOUNT COMMUNICATIONS LTD86.9720.771,806.4
UNIVERSAL CABLES LTD43.1862.372,693.4
DYNAMIC CABLES LTD64.8235.252,284.6
DELTON CABLES LTD20.5129.74610.0
BIRLA CABLE LTD4.89111.14543.6

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

Top 10 Industry PeersPE 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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