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A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Polycab India's Debt-to-EBITDA or its related term are showing as below:
NSE:POLYCAB'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.09 Med: 0.58 Max: 1.55
Current: 0.99
During the past 11 years, the highest Debt-to-EBITDA Ratio of Polycab India was 1.55. The lowest was 0.09. And the median was 0.58.
NSE:POLYCAB's Debt-to-EBITDA is ranked better than 63.41% of 2331
companies
in the Industrial Products industry
Industry Median: 1.68
vs NSE:POLYCAB: 0.99
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Polycab India Debt-to-EBITDA Related Terms
Polycab India Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Polycab India's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Electrical Equipment & Parts subindustry, Polycab India's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Polycab India Debt-to-EBITDA vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Polycab India's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Polycab India's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.
Polycab India (NSE:POLYCAB) has a Debt-to-EBITDA of 0.00 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Polycab India. Over the past decade, Polycab India's Debt-to-EBITDA has ranged from 0.09 to 1.55. According to the industry distribution chart, Polycab India ranks #853 out of 2331 companies in the Industrial Products industry, placing it in the top 36.6%.
Is Polycab India's Debt-to-EBITDA too high?
Polycab India's current Debt-to-EBITDA is 0.00. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 1.55. Based on the distribution chart, Polycab India ranks #853 out of 2331 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Polycab India has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Polycab India's Debt-to-EBITDA compare to VRT and BE?
According to the Industrial Products industry distribution chart, Polycab India ranks #853 out of 2331 companies for Debt-to-EBITDA. This puts Polycab India in the upper half of its industry. The industry median Debt-to-EBITDA is 1.68. Historically, Polycab India's own Debt-to-EBITDA has ranged from 0.09 to 1.55 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Industrial Products company?
The median Debt-to-EBITDA among Industrial Products companies is 1.68, based on 2,331 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Polycab India. For the Industrial Products industry, the median Debt-to-EBITDA is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polycab India's current Debt-to-EBITDA is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polycab India stock overvalued right now?
Based on GuruFocus' analysis, Polycab India (NSE:POLYCAB) is currently considered Fairly Valued. The stock's GF Value™ is ₹10,147.09, compared to a current price of ₹9,240.00 — trading 8.9% below its estimated fair value. The current Debt-to-EBITDA is 0.00. Polycab India's overall GF Score™ is 97/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Polycab India (NSE:POLYCAB), the current Debt-to-EBITDA is 0.00 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Polycab India (NSE:POLYCAB) Overvalued in 2026?
Based on GuruFocus' analysis, Polycab India stock appears to be undervalued.
The current stock price of ₹9,240.00 is trading 8.9% below its estimated GF Value™ of ₹10,147.09.
GuruFocus considers Polycab India to be Fairly Valued.
Key valuation signals for NSE:POLYCAB:
Debt-to-EBITDA: 0.00
GF Value™: ₹10,147.09 vs. price of ₹9,240.00 (8.9% below fair value)
No single metric tells the full story. See the NSE:POLYCAB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Polycab India Ltd is engaged in the business of manufacturing and selling wires and cables and fast moving electrical goods under the POLYCAB brand. The business activities are carried out through Wires and cables, Fast moving electrical goods (FMEG), and the EPC segment. It generates maximum revenue from the Wires and cables segment. Geographically, it derives a majority of revenue from India, and also has its presence Overseas. Some of its products include Power cables, Control Cables, Instrumentation Cables, Optical Fibre Cables (OFC), Solar Cables, Building Cables, Flexible Wires, and others.
97GF Score
Get the complete analysis for NSE:POLYCAB
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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