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Polycab IndiaNSE:POLYCAB -1.74%99 EV-to-EBIT is 32.79 as of Aug. 21, 2026, which is 13% above its 10-year median of 28.95. GuruFocus rates NSE:POLYCAB with a GF Score™ of 99/100 and a GF Value™ of ₹10,223.11 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,376 Industrial Products companies, Polycab India ranks worse than 70.33% on this metric.
The historical rank and industry rank for Polycab India's EV-to-EBIT or its related term are showing as below:
NSE:POLYCAB'
s EV-to-EBIT Range Over the Past 10 Years
Min: 9 Med: 28.95 Max: 45.13
Current: 32.79
During the past 11 years, the highest EV-to-EBIT of Polycab India was 45.13. The lowest was 9.00. And the median was 28.95.
NSE:POLYCAB's EV-to-EBIT is ranked worse than 70.33% of 2376
companies
in the Industrial Products industry
Industry Median: 19.035
vs NSE:POLYCAB: 32.79
Polycab India (NSE:POLYCAB) EV-to-EBIT Explanation
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Polycab India's Enterprise Value for the quarter that ended in Jun. 2026 was ₹1,500,475 Mil.
Polycab India's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹41,315 Mil.
* 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.
Polycab India EV-to-EBIT Related Terms
Polycab India EV-to-EBIT Historical Data
* Premium members only.
The historical data trend for Polycab India's EV-to-EBIT 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 EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Polycab India's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Polycab India's EV-to-EBIT falls into.
Polycab India's current Enterprise Value is ₹1,354,665 Mil.
Polycab India's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹41,315 Mil.
* 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.
Polycab India (NSE:POLYCAB) has a EV-to-EBIT of 32.79 as of Aug. 21, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Polycab India and its competitors. This is 13% above median its historical median of 28.95. Over the past decade, Polycab India's EV-to-EBIT has ranged from 9.00 to 45.13. According to the industry distribution chart, Polycab India ranks #1671 out of 2376 companies in the Industrial Products industry, placing it in the top 70.3%.
Is Polycab India's EV-to-EBIT too high?
Polycab India's current EV-to-EBIT of 32.79 is 13% above median its 10-year median of 28.95. Over the past 10 years, this metric has ranged from a low of 9.00 to a high of 45.13. The Industrial Products industry median EV-to-EBIT is 19.04. Polycab India's value of 32.79 is 72.3% above this industry median. Based on the distribution chart, Polycab India ranks #1671 out of 2376 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Polycab India has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Polycab India's EV-to-EBIT compare to VRT and BE?
According to the Industrial Products industry distribution chart, Polycab India ranks #1671 out of 2376 companies for EV-to-EBIT. This places Polycab India in the lower half of its industry. The industry median EV-to-EBIT is 19.04. Polycab India's value of 32.79 is 72.3% above this benchmark. Historically, Polycab India's own EV-to-EBIT has ranged from 9.00 to 45.13 over the past decade. While the company's 10-year median is 28.95 vs. the industry median of 19.04, Polycab India has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for an Industrial Products company?
The median EV-to-EBIT among Industrial Products companies is 19.04, based on 2,376 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Polycab India's current EV-to-EBIT of 32.79 is 72.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Polycab India and its competitors. For the Industrial Products industry, the median EV-to-EBIT is 19.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polycab India's current EV-to-EBIT is 32.79, which is 13% above median its own 10-year median of 28.95. 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 Modestly Undervalued. The stock's GF Value™ is ₹10,223.11, compared to a current price of ₹8,966.00 — trading 12.3% below its estimated fair value. The current EV-to-EBIT is 32.79, which is 13% above median its 10-year median of 28.95 and 72.3% above the Industrial Products industry median of 19.04. Polycab India's overall GF Score™ is 99/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Polycab India (NSE:POLYCAB), the current EV-to-EBIT is 32.79 as of Aug. 21, 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 ₹8,966.00 is trading 12.3% below its estimated GF Value™ of ₹10,223.11.
GuruFocus considers Polycab India to be Modestly Undervalued.
Key valuation signals for NSE:POLYCAB:
EV-to-EBIT: 32.79 (13% above median its 10-year median of 28.95)
GF Value™: ₹10,223.11 vs. price of ₹8,966.00 (12.3% below fair value)
Industry Position: 72.3% above the Industrial Products median (#1671 of 2376)
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.
99GF Score
Get the complete analysis for NSE:POLYCAB
EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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