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UNIVERSAL CABLES
PE (Price/Earnings) Ratio

The Current P/E Ratio of UNIVERSAL CABLES is 45.00.

Share Price ₹548.8Feb 13,2025
Market Cap ₹1,904.2 Cr
Earnings-TTM₹42.3 CrTTM-Consolidated Results
Price/Earnings45.00xCalculated 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 [ ₹1,904.2 Cr] as on Feb 13,2025

(/) Earnings [ ₹42.3 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 45.00x ]

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 45.00 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 45.00x.

- 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 42.3145.001,904.2
POLYCAB INDIA LTD1,864.6544.7783,487.8
KEI INDUSTRIES LTD638.4650.9732,541.9
RR KABEL LTD260.2649.5612,899.4
FINOLEX CABLES LTD461.4033.3015,366.6
STERLITE TECHNOLOGIES LTD-166.00-30.215,015.1
PRECISION WIRES INDIA LTD82.3731.582,601.2
PARAMOUNT COMMUNICATIONS LTD97.7218.851,842.1
DYNAMIC CABLES LTD55.0331.041,707.8
BIRLA CABLE LTD5.0098.84494.1
DELTON CABLES LTD21.1830.49645.8

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

Top 10 Industry PeersPE Ratio
Min industry PE -30.21x
Max industry PE 98.84x
Median industry PE 33.30x
Average industry PE 36.74x



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