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STERLITE TECHNOLOGIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of STERLITE TECHNOLOGIES is -30.91.

Share Price ₹105.2Feb 07,2025
Market Cap ₹5,131.7 Cr
Earnings-TTM₹-166.0 CrTTM-Consolidated Results
Price/Earnings-30.91xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of STERLITE TECHNOLOGIES

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 STERLITE TECHNOLOGIES is calculated as :

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 ]

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

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 latest p/e ratio is -30.91x.

- 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 RatioMarket Cap
STERLITE TECHNOLOGIES -166.00-30.915,131.7
POLYCAB INDIA LTD1,864.6547.3488,270.5
KEI INDUSTRIES LTD638.4658.4937,340.5
RR KABEL LTD260.2651.7913,479.5
FINOLEX CABLES LTD457.0232.9415,052.3
PRECISION WIRES INDIA LTD81.4734.332,796.9
PARAMOUNT COMMUNICATIONS LTD97.7221.132,065.1
UNIVERSAL CABLES LTD41.4852.752,188.1
DYNAMIC CABLES LTD55.0334.061,874.5
BIRLA CABLE LTD7.3675.55555.8
DELTON CABLES LTD21.5635.14757.6

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

Top 10 Industry PeersPE 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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