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UNIVERSAL CABLES
PE (Price/Earnings) Ratio

The Current P/E Ratio of UNIVERSAL CABLES is 64.49.

Share Price ₹770.9Dec 18,2024
Market Cap ₹2,674.8 Cr
Earnings-TTM₹41.5 CrTTM-Consolidated Results
Price/Earnings64.49xCalculated as Market Cap/Earnings
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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)

Applying the above formula, P/E ratio of UNIVERSAL CABLES is calculated as :

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 ]

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 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 latest p/e ratio is 64.49x.

- 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 RatioMarket Cap
UNIVERSAL CABLES 41.4864.492,674.8
POLYCAB INDIA LTD1,816.8161.34111,444.0
KEI INDUSTRIES LTD624.3265.8741,122.0
RR KABEL LTD263.0460.4615,904.8
FINOLEX CABLES LTD457.0240.5818,546.9
STERLITE TECHNOLOGIES LTD-195.00-30.846,014.7
PRECISION WIRES INDIA LTD81.4739.653,230.1
PARAMOUNT COMMUNICATIONS LTD97.1526.272,552.6
DYNAMIC CABLES LTD46.7552.752,466.1
BIRLA CABLE LTD7.3690.86668.4
DELTON CABLES LTD21.5650.011,078.0

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

Top 10 Industry PeersPE 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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