UNIVERSAL CABLES
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The Current P/E Ratio of UNIVERSAL CABLES is 64.49.
Share Price | ₹770.9 | Dec 18,2024 |
Market Cap | ₹2,674.8 Cr | |
Earnings-TTM | ₹41.5 Cr | TTM-Consolidated Results |
Price/Earnings | 64.49x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of UNIVERSAL CABLES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹2,674.8 Cr] as on Dec 18,2024
(/) Earnings [ ₹41.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 64.49x ]
Thus, for UNIVERSAL CABLES , the investors are currently willing to pay 64.49 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 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 | 64.49 | 2,674.8 |
POLYCAB INDIA LTD | 1,816.81 | 61.34 | 111,444.0 |
KEI INDUSTRIES LTD | 624.32 | 65.87 | 41,122.0 |
RR KABEL LTD | 263.04 | 60.46 | 15,904.8 |
FINOLEX CABLES LTD | 457.02 | 40.58 | 18,546.9 |
STERLITE TECHNOLOGIES LTD | -195.00 | -30.84 | 6,014.7 |
PRECISION WIRES INDIA LTD | 81.47 | 39.65 | 3,230.1 |
PARAMOUNT COMMUNICATIONS LTD | 97.15 | 26.27 | 2,552.6 |
DYNAMIC CABLES LTD | 46.75 | 52.75 | 2,466.1 |
BIRLA CABLE LTD | 7.36 | 90.86 | 668.4 |
DELTON CABLES LTD | 21.56 | 50.01 | 1,078.0 |
Cable Industry Benchmark (Top 10) PE Analysis vs UNIVERSAL CABLES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -30.84x |
Max industry PE | 90.86x |
Median industry PE | 52.75x |
Average industry PE | 47.40x |
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