PRECISION WIRES INDIA
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The Current P/E Ratio of PRECISION WIRES INDIA is 32.91.
Share Price | ₹150.1 | Jan 27,2025 |
Market Cap | ₹2,681.4 Cr | |
Earnings-TTM | ₹81.5 Cr | TTM-Standalone Results |
Price/Earnings | 32.91x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of PRECISION WIRES INDIA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
PRECISION WIRES INDIA | 81.47 | 32.91 | 2,681.4 |
POLYCAB INDIA LTD | 1,864.65 | 45.53 | 84,889.8 |
KEI INDUSTRIES LTD | 638.46 | 59.85 | 38,209.6 |
RR KABEL LTD | 263.04 | 52.77 | 13,881.4 |
FINOLEX CABLES LTD | 457.02 | 33.95 | 15,514.2 |
STERLITE TECHNOLOGIES LTD | -166.00 | -30.08 | 4,993.1 |
PARAMOUNT COMMUNICATIONS LTD | 97.15 | 21.21 | 2,061.1 |
UNIVERSAL CABLES LTD | 41.48 | 51.91 | 2,153.0 |
DYNAMIC CABLES LTD | 46.75 | 43.76 | 2,045.8 |
BIRLA CABLE LTD | 7.36 | 73.39 | 539.9 |
DELTON CABLES LTD | 21.56 | 31.24 | 673.4 |
Cable Industry Benchmark (Top 10) PE Analysis vs PRECISION WIRES INDIA 's P/E Ratio
Top 10 Industry Peers | PE 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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