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PRECISION WIRES INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of PRECISION WIRES INDIA is 32.91.

Share Price ₹150.1Jan 27,2025
Market Cap ₹2,681.4 Cr
Earnings-TTM₹81.5 CrTTM-Standalone Results
Price/Earnings32.91xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of PRECISION WIRES 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 PRECISION WIRES INDIA is calculated as :

Current Market Cap [ ₹2,681.4 Cr] as on Jan 27,2025

(/) Earnings [ ₹81.5 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 32.91x ]

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

Thus, for PRECISION WIRES INDIA , the investors are currently willing to pay 32.91 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 PRECISION WIRES 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 PRECISION WIRES INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of PRECISION WIRES INDIA


PE Ratio Performance Analysis for PRECISION WIRES INDIA

- PRECISION WIRES INDIA 's latest p/e ratio is 32.91x.

- PRECISION WIRES INDIA 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 12.45x.

- PRECISION WIRES INDIA 's operated at median p/e ratio of 9.34x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PRECISION WIRES INDIA 's p/e ratio peaked in Mar2024 at 31.39x.

- PRECISION WIRES INDIA 's p/e ratio hit its five-year low in Mar2020 of 0.65x.


How does PRECISION WIRES INDIA 's P/E Ratio benchmark against top 10 peers in Cable Industry?

Peer Comparison (Cable Industry)Earnings-TTM (Cr)PE RatioMarket Cap
PRECISION WIRES INDIA 81.4732.912,681.4
POLYCAB INDIA LTD1,864.6545.5384,889.8
KEI INDUSTRIES LTD638.4659.8538,209.6
RR KABEL LTD263.0452.7713,881.4
FINOLEX CABLES LTD457.0233.9515,514.2
STERLITE TECHNOLOGIES LTD-166.00-30.084,993.1
PARAMOUNT COMMUNICATIONS LTD97.1521.212,061.1
UNIVERSAL CABLES LTD41.4851.912,153.0
DYNAMIC CABLES LTD46.7543.762,045.8
BIRLA CABLE LTD7.3673.39539.9
DELTON CABLES LTD21.5631.24673.4

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

Top 10 Industry PeersPE Ratio
Min industry PE -30.08x
Max industry PE 73.39x
Median industry PE 43.76x
Average industry PE 37.86x



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