STERLITE TECHNOLOGIES
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The Current P/E Ratio of STERLITE TECHNOLOGIES is -30.91.
Share Price | ₹105.2 | Feb 07,2025 |
Market Cap | ₹5,131.7 Cr | |
Earnings-TTM | ₹-166.0 Cr | TTM-Consolidated Results |
Price/Earnings | -30.91x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of STERLITE TECHNOLOGIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹5,131.7 Cr] as on Feb 07,2025
(/) Earnings [ ₹-166.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -30.91x ]
Thus, for STERLITE TECHNOLOGIES , the investors are currently willing to pay -30.91 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 STERLITE TECHNOLOGIES !
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 STERLITE TECHNOLOGIES over the last five years.
Historical PE (Price/Earnings) ratio chart of STERLITE TECHNOLOGIES
PE Ratio Performance Analysis for STERLITE TECHNOLOGIES
- STERLITE TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 45.07x.
- STERLITE TECHNOLOGIES 's operated at median p/e ratio of 27.95x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, STERLITE TECHNOLOGIES 's p/e ratio peaked in Mar2022 at 149.73x.
- STERLITE TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2024 of 0x.
How does STERLITE TECHNOLOGIES 's P/E Ratio benchmark against top 10 peers in Cable Industry?
Peer Comparison (Cable Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
STERLITE TECHNOLOGIES | -166.00 | -30.91 | 5,131.7 |
POLYCAB INDIA LTD | 1,864.65 | 47.34 | 88,270.5 |
KEI INDUSTRIES LTD | 638.46 | 58.49 | 37,340.5 |
RR KABEL LTD | 260.26 | 51.79 | 13,479.5 |
FINOLEX CABLES LTD | 457.02 | 32.94 | 15,052.3 |
PRECISION WIRES INDIA LTD | 81.47 | 34.33 | 2,796.9 |
PARAMOUNT COMMUNICATIONS LTD | 97.72 | 21.13 | 2,065.1 |
UNIVERSAL CABLES LTD | 41.48 | 52.75 | 2,188.1 |
DYNAMIC CABLES LTD | 55.03 | 34.06 | 1,874.5 |
BIRLA CABLE LTD | 7.36 | 75.55 | 555.8 |
DELTON CABLES LTD | 21.56 | 35.14 | 757.6 |
Cable Industry Benchmark (Top 10) PE Analysis vs STERLITE TECHNOLOGIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -30.91x |
Max industry PE | 75.55x |
Median industry PE | 35.14x |
Average industry PE | 37.51x |
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