PARACABLESCables - Electricals

Paramount Communications Ltd โ€” PE Ratio & Valuation Analysis

โ‚น28.56
-6.72%
Current P/E16.53xPrice to earnings
Industry P/E21.47xSector average
4Y Avg P/E56.8x70.9% below avg
โœ…
23.0% Discount to Industry
PARACABLES P/E 16.53x vs sector avg 21.47x
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Historical PE Ratio

202425.2x202336.7x202283.1x202182.1x
YearEPS (โ‚น)Year-end PricePE Ratio
2024โ‚น3.29โ‚น8325.2x
2023โ‚น2.40โ‚น8836.7x
2022โ‚น0.42โ‚น3583.1x
2021โ‚น0.17โ‚น1482.1x

PE = Year-end closing price รท Diluted EPS. Source: NSE/BSE filings.

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Understanding Paramount Communications Ltd Valuation

Paramount Communications Ltd (PARACABLES) currently trades at 16.53x earnings. The Cables - Electricals sector average PE is 21.47x. PARACABLES is trading at a discount to peers โ€” may indicate relative value. Historically, PARACABLES has traded at an average PE of 56.8x โ€” it is currently below that level. Always evaluate PE alongside earnings growth (PEG ratio), return on equity, debt levels and business quality. A lower PE isn't always better. Educational data only โ€” not investment advice.

ROE
12.77%
Dividend Yield
0.00%

Data from NSE/BSE public filings. Educational purposes only. Bull Run is not SEBI-registered. Not investment advice.