UNIVERSAL CABLES
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The Current P/E Ratio of UNIVERSAL CABLES is 49.61.
| Share Price | ₹593.0 | Nov 21,2024 |
| Market Cap | ₹2,057.7 Cr | |
| Earnings-TTM | ₹41.5 Cr | TTM-Consolidated Results |
| Price/Earnings | 49.61x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of UNIVERSAL CABLES
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)
Current Market Cap [ ₹2,057.7 Cr] as on Nov 21,2024
(/) Earnings [ ₹41.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 49.61x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for UNIVERSAL CABLES , the investors are currently willing to pay 49.61 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 UNIVERSAL CABLES !
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 UNIVERSAL CABLES over the last five years.
Thus, for UNIVERSAL CABLES , the investors are currently willing to pay 49.61 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 UNIVERSAL CABLES !
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 UNIVERSAL CABLES over the last five years.
Historical PE (Price/Earnings) ratio chart of UNIVERSAL CABLES
PE Ratio Performance Analysis for UNIVERSAL CABLES
- UNIVERSAL CABLES 's latest p/e ratio is 49.61x.
- UNIVERSAL CABLES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 8.34x.
- UNIVERSAL CABLES 's operated at median p/e ratio of 7.03x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, UNIVERSAL CABLES 's p/e ratio peaked in Mar2024 at 14.57x.
- UNIVERSAL CABLES 's p/e ratio hit its five-year low in Mar2020 of 3.14x.
- UNIVERSAL CABLES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 8.34x.
- UNIVERSAL CABLES 's operated at median p/e ratio of 7.03x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, UNIVERSAL CABLES 's p/e ratio peaked in Mar2024 at 14.57x.
- UNIVERSAL CABLES 's p/e ratio hit its five-year low in Mar2020 of 3.14x.
How does UNIVERSAL CABLES 's P/E Ratio benchmark against top 10 peers in Cable Industry?
| Peer Comparison (Cable Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| UNIVERSAL CABLES | 41.48 | 49.61 | 2,057.7 |
| POLYCAB INDIA LTD | 1,816.81 | 53.04 | 96,361.6 |
| KEI INDUSTRIES LTD | 624.32 | 54.83 | 34,230.5 |
| RR KABEL LTD | 263.04 | 65.17 | 17,142.3 |
| FINOLEX CABLES LTD | 457.02 | 36.71 | 16,779.0 |
| STERLITE TECHNOLOGIES LTD | -195.00 | -28.54 | 5,566.0 |
| PRECISION WIRES INDIA LTD | 81.47 | 37.90 | 3,087.2 |
| PARAMOUNT COMMUNICATIONS LTD | 97.15 | 20.57 | 1,998.9 |
| DYNAMIC CABLES LTD | 46.75 | 47.77 | 2,233.3 |
| BIRLA CABLE LTD | 7.36 | 82.22 | 604.8 |
| DELTON CABLES LTD | 21.56 | 30.90 | 666.0 |
Cable Industry Benchmark (Top 10) PE Analysis vs UNIVERSAL CABLES 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -28.54x |
| Max industry PE | 82.22x |
| Median industry PE | 47.77x |
| Average industry PE | 40.92x |
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