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Paramount Communications PE Ratio

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Paramount Communications Ltd

NSE: PARACABLES

PE

15.2

Last updated on: May 06, 2025

Key Highlights

  • The P/E Ratio of Paramount Communications Ltd is 15.2 as of 06 May 9.00 AM .
  • The P/E Ratio of Paramount Communications Ltd changed from 4.7 on March 2020 to 23.8 on March 2024 . This represents a CAGR of 38.32% over 5 years.
  • The Latest Trading Price of Paramount Communications Ltd is ₹ 48.7 as of 06 May 15:30 .
  • The PE Ratio of Cables Industry has changed from 9.5 to 45.0 in 5 years. This represents a CAGR of 36.49%.
  • The PE Ratio of Automobile industry is 20.3. The PE Ratio of Cables industry is 45.0. The PE Ratio of Finance industry is 17.8. The PE Ratio of IT - Software industry is 26.1. The PE Ratio of Retail industry is 139.8. The PE Ratio of Textiles industry is 37.1 in 2024.

Historical P/E Ratio of Paramount Communications Ltd

No data available

Company Fundamentals for Paramount Communications Ltd

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Paramount Communications Ltd

NSE: PARACABLES

Share Price

₹ 48.7

-1.77 (-3.51%)

stock direction

Last updated on: May 06, 2025

Market Price of Paramount Communications Ltd

1M

1Y

3Y

5Y

Monitoring Paramount Communications Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
06 May 202548.7
05 May 202550.47
02 May 202548.74
30 Apr 202548.47
29 Apr 202550.2
28 Apr 202551.17
25 Apr 202551.38
24 Apr 202553.64
23 Apr 202552.82
22 Apr 202553.82

SWOT Analysis Of Paramount Communications Ltd

Strength

2

che

Weakness

1

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Paramount Communications Ltd

Asset Value vs Market Value of Paramount Communications Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/E Ratio

Company
leftMarket Capright
Paramount Communications Ltd1485
Polycab India Ltd88867
KEI Industries Ltd30513
Finolex Cables Ltd13734
R R Kabel Ltd13720
Diamond Power Infrastructure Ltd4898

PE Ratio of Paramount Communications Ltd Explained

1485

Market cap

97

Earnings

15.2X

PE Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio of Cables Industry over time

PE Ratio of Top Sectors

Historical Market Cap of Paramount Communications Ltd

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Paramount Communications Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Historical Dividend Payout of Paramount Communications Ltd

No data available

* All values are in %

About Paramount Communications Ltd

  • Paramount Communications Ltd was incorporated in the year 1978 as a partnership firm under the name & Style of Paramount Cable Corporation and was promoted by Shyam Sunder Aggarwal.
  • The Company, a part of the Paramount group of companies, is one of leading cable manufacturing companies in India.
  • The company is engaged in manufacturing power and communication cables.
  • They provide complete cabling solutions to almost all the sectors of the economy, such as power, telecom and information technology, railways, petrochemicals and industrial sector.
  • The company has two manufacturing units located at Dharuhera in Haryana and Khushkhera in Rajasthan. The company offers power cables, including high tension power cables, low tension power cables, aerial bunch cables, control and instrumentation cables, thermocouple extension and compensating cables, and battery and energy cables.

Paramount Communications Ltd News Hub

Paramount Communications to hold AGM

Paramount Communications announced that the Annual General Meeting (AGM) of the company will be held

Read more

16 Aug 24

Paramount Communications consolidated net profit rises 74.12% in the June 2024 quarter

Net profit of Paramount Communications rose 74.12% to Rs 25.30 crore in the quarter ended June 2024

Read more

09 Aug 24

Board of Paramount Communications approves fund raising up to Rs 400 cr via QIP

The Board of Paramount Communications at its meeting held on 08 August 2024 has approved fund raisin

Read more

08 Aug 24

Paramount Communications to convene board meeting

Paramount Communications will hold a meeting of the Board of Directors of the Company on 8 August 20

Read more

06 Aug 24

Product Composition by Percentage (Revenue)

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Annual Reports

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Credit Ratings

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Concalls

Data not available

FAQs for PE of Paramount Communications Ltd

What is the current PE Ratio of Paramount Communications Ltd?

The Current PE Ratio of Paramount Communications Ltd is 15.22 as on 6 May 2025.

What is the average PE Ratio of the Cables industry?

The average industry PE Ratio of Cables is 45.0 as on 6 May 2025.

What was the PE Ratio of Paramount Communications Ltd last year?

The PE Ratio of Paramount Communications Ltd was 12.67 last year, now the PE ratio is 15.22, showing a year-on-year growth of 20.1%.

What does the PE Ratio of Paramount Communications Ltd indicate about its stock?

The PE Ratio of Paramount Communications Ltd is 15.22. This ratio indicates that investors are willing to pay 15.22 times the earnings per share for each share of Paramount Communications Ltd.

What is the PE Ratio Growth of Paramount Communications Ltd in comparison to its Earnings per Share (EPS) growth rate?

The PE Ratio of Paramount Communications Ltd grew by 20.1% whereas, the EPS ratio grew by 10.4.

How does the PE ratio of Paramount Communications Ltd compare to industry peers?

The PE ratio of Paramount Communications Ltd PE Ratio can indicate whether it is overvalued or undervalued compared to competitors in the same industry. A lower PE ratio may suggest an undervalued stock, while a higher PE ratio could indicate premium pricing.

Is a high PE ratio for Paramount Communications Ltd PE Ratio good or bad?

A high PE ratio may indicate strong future growth expectations, but it can also suggest overvaluation. It is best to compare it with industry averages and historical trends of Paramount Communications Ltd PE Ratio.

What factors influence the PE ratio of Paramount Communications Ltd PE Ratio?

The PE ratio of Paramount Communications Ltd PE Ratio is influenced by factors such as earnings growth, investor sentiment, macroeconomic conditions, and sector trends.

How often does the PE ratio of Paramount Communications Ltd PE Ratio change?

The PE ratio changes as the share price or earnings of Paramount Communications Ltd PE Ratio fluctuate, and it is updated whenever there is a significant movement in either of these factors.

Where can I find the latest PE ratio of Paramount Communications Ltd PE Ratio?

You can check the latest PE ratio of Paramount Communications Ltd PE Ratio on BlinkX Website above or any other stock market platforms, or at the company’s official website.

What is a good PE ratio for Paramount Communications Ltd PE Ratio?

A "good" PE ratio depends on industry standards and market conditions. It is advisable to compare Paramount Communications Ltd PE ratio with its historical average and competitors.

Can the PE ratio of Paramount Communications Ltd PE Ratio predict future stock performance?

While the Paramount Communications Ltd PE ratio is a useful indicator of valuation, it should be used alongside other financial metrics and market analysis to make informed investment decisions.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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