Jigar Cables (BOM:540651) PEG Ratio: 1.71 (As of Jul. 27, 2026) — 10% Below Median

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BOM:540651 Jigar Cables Ltd BOM:540651
83 GF Score
Price ₹71.95
GF Value ₹64.34
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Jigar Cables PEG Ratio?

Jigar Cables BOM:540651 83 PEG Ratio is 1.71 as of Jul. 27, 2026, which is 10% below its 10-year median of 1.90. GuruFocus rates BOM:540651 with a GF Score™ of 83/100 and a GF Value™ of ₹64.34 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,282 Industrial Products companies, Jigar Cables ranks better than 50.94% on this metric.

PE Ratio without NRI / 5-Year EBITDA Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, Jigar Cables's PE Ratio without NRI is 33.62. Jigar Cables's 5-Year EBITDA growth rate is 19.70%. Therefore, Jigar Cables's PEG Ratio for today is 1.71.

* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


The historical rank and industry rank for Jigar Cables's PEG Ratio or its related term are showing as below:

BOM:540651' s PEG Ratio Range Over the Past 10 Years
Min: 1.29   Med: 1.9   Max: 30.97
Current: 1.71


During the past 13 years, Jigar Cables's highest PEG Ratio was 30.97. The lowest was 1.29. And the median was 1.90.


BOM:540651's PEG Ratio is ranked better than
50.94% of 1282 companies
in the Industrial Products industry
Industry Median: 1.765 vs BOM:540651: 1.71

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


Jigar Cables  (BOM:540651) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


Jigar Cables PEG Ratio Related Terms


Jigar Cables PEG Ratio Historical Data

* Premium members only.

The historical data trend for Jigar Cables's PEG Ratio 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.

Jigar Cables PEG Ratio Chart

Jigar Cables Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.71 11.33 0.00 1.49 1.40

Jigar Cables Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
PEG Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 1.49 0.00 1.40

BOM:540651 vs VRT, BE: PEG Ratio Comparison

For the Electrical Equipment & Parts subindustry, Jigar Cables's PEG Ratio, along with its competitors' market caps and PEG Ratio 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.


Jigar Cables PEG Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jigar Cables's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Jigar Cables's PEG Ratio falls into.


BOM:540651
83GF Score
Jigar Cables Ltd BOM:540651
PEG Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jigar Cables PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year EBITDA growth rate.

Jigar Cables's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=33.621495327103/19.70
=1.71

* 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.

* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.

Frequently Asked Questions Learn more about PEG Ratio →
What does a PEG Ratio of 1.71 mean?
Jigar Cables (BOM:540651) has a PEG Ratio of 1.71 as of Jul. 27, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Jigar Cables and its competitors. This is 10% below median its historical median of 1.90. Over the past decade, Jigar Cables' PEG Ratio has ranged from 1.29 to 30.97. According to the industry distribution chart, Jigar Cables ranks #629 out of 1282 companies in the Industrial Products industry, placing it in the top 49.1%.
Is Jigar Cables' PEG Ratio too high?
Jigar Cables' current PEG Ratio of 1.71 is 10% below median its 10-year median of 1.90. Over the past 10 years, this metric has ranged from a low of 1.29 to a high of 30.97. The Industrial Products industry median PEG Ratio is 1.77. Jigar Cables' value of 1.71 is 3.1% below this industry median. Based on the distribution chart, Jigar Cables ranks #629 out of 1282 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Jigar Cables has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jigar Cables' PEG Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Jigar Cables ranks #629 out of 1282 companies for PEG Ratio. This puts Jigar Cables in the upper half of its industry. The industry median PEG Ratio is 1.77. Jigar Cables' value of 1.71 is 3.1% below this benchmark. Historically, Jigar Cables' own PEG Ratio has ranged from 1.29 to 30.97 over the past decade. While the company's 10-year median is 1.90 vs. the industry median of 1.77, Jigar Cables has consistently been below 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 PEG Ratio for an Industrial Products company?
The median PEG Ratio among Industrial Products companies is 1.77, based on 1,282 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Jigar Cables's current PEG Ratio of 1.71 is 3.1% below 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 PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Jigar Cables and its competitors. For the Industrial Products industry, the median PEG Ratio is 1.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jigar Cables's current PEG Ratio is 1.71, which is 10% below median its own 10-year median of 1.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jigar Cables stock overvalued right now?
Based on GuruFocus' analysis, Jigar Cables (BOM:540651) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹64.34, compared to a current price of ₹71.95 — trading 11.8% above its estimated fair value. The current PEG Ratio is 1.71, which is 10% below median its 10-year median of 1.90 and 3.1% below the Industrial Products industry median of 1.77. Jigar Cables' overall GF Score™ is 83/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For Jigar Cables (BOM:540651), the current PEG Ratio is 1.71 as of Jul. 27, 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 Jigar Cables (BOM:540651) Overvalued in 2026?

Based on GuruFocus' analysis, Jigar Cables stock appears to be overvalued. The current stock price of ₹71.95 is trading 11.8% above its estimated GF Value™ of ₹64.34. GuruFocus considers Jigar Cables to be Modestly Overvalued.

Key valuation signals for BOM:540651:

  • PEG Ratio: 1.71 (10% below median its 10-year median of 1.90)
  • GF Value™: ₹64.34 vs. price of ₹71.95 (11.8% above fair value)
  • GF Score™: 83/100 with 8 warning signs
  • Industry Position: 3.1% below the Industrial Products median (#629 of 1282)

No single metric tells the full story. See the BOM:540651 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jigar Cables Business Description

Address Plot No. 164/14 and 15, G.I.D.C.- 2, Jamwadi, District Rajkot, Gondal, GJ, IND, 360311
Jigar Cables Ltd is a manufacturer of electric wires and cables in India, known for its "SIGMA" brand. The company operates with a manufacturing facility in Gondal, Gujarat. It produces various products including submersible flat cables, flexible cables, LT PVC cables, aerial bunched cables, and house wires, catering to industrial, commercial, and residential applications. The company has a wholly-owned subsidiary, Jigar Polymers Ltd, for backward integration by manufacturing PVC and XLPE raw materials. Revenue is mostly from manufacturing and sales of cables and wires under its SIGMA brand.
83GF Score

Get the complete analysis for BOM:540651

PEG Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹71.95
Price
₹64.34
GF Value