POLYCABCables - Electricals
Polycab India Ltd — PE Ratio & Valuation Analysis
₹6843.50
-1.09%
Current P/E45.28xPrice to earnings
Industry P/E21.47xSector average
4Y Avg P/E56.4x19.7% below avg
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110.9% Premium to Industry
POLYCAB P/E 45.28x vs sector avg 21.47x
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Historical PE Ratio
| Year | EPS (₹) | Year-end Price | PE Ratio |
|---|---|---|---|
| 2025 | ₹133.80 | ₹7619 | 56.9x |
| 2024 | ₹118.49 | ₹7272 | 61.4x |
| 2023 | ₹84.66 | ₹5485 | 64.8x |
| 2022 | ₹60.60 | ₹2569 | 42.4x |
PE = Year-end closing price ÷ Diluted EPS. Source: NSE/BSE filings.
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Understanding Polycab India Ltd Valuation
Polycab India Ltd (POLYCAB) currently trades at 45.28x earnings. The Cables - Electricals sector average PE is 21.47x. POLYCAB commands a premium, reflecting high growth expectations. Historically, POLYCAB has traded at an average PE of 56.4x — 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 — not investment advice.
ROE
21.44%
Dividend Yield
0.47%
More on Polycab India Ltd
Data from NSE/BSE public filings. Educational purposes only. Bull Run is not SEBI-registered. Not investment advice.