Home > PB Ratio > SUPREME INDUSTRIES

SUPREME INDUSTRIES
PB (Price/Book ) Ratio

The Current P/B Ratio of SUPREME INDUSTRIES is 12.41.

Share Price ₹4,301.6Apr 25,2024
Market Cap ₹54,629.7 Cr
Book Value₹4,402.1 CrMar2023 - Consolidated Results
Price/Book 12.41xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for SUPREME INDUSTRIES
Please provide your vote to see the results
SUPREME INDUSTRIES is part of below Screeners ↓
Top Mid Cap Stocks with Best Fundamentals
Best Quarterly Growth Mid Cap Stocks
Best 1M Momentum Mid Cap Stocks

Definition & Calculation of PB (Price/Book ) ratio of SUPREME INDUSTRIES

Price-to-Book ratio, P/B Multiple, or P/B Ratio is an important valuation multiple that is defined as:

P/B = Market Capitalization / Book Value

or, using per-share numbers:

P/B = Stock Price / Book Value Per Share

Applying the above formula, P/B ratio of SUPREME INDUSTRIES is calculated as :

Current Market Cap [ ₹54,629.7 Cr] as on Apr 25,2024

(/) Book Value [ ₹4,402.1 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 12.41x ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

Thus, for SUPREME INDUSTRIES , the investors are currently willing to pay '12.41 times book value' to own 1 share of the company.

PB Multiples are one of the most widely used valuation multiple in industry.

Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.

In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of SUPREME INDUSTRIES !

The chart below summarizes the trend in P/B Ratio of SUPREME INDUSTRIES over the last five years.

Historical PB (Price/Book ) ratio chart of SUPREME INDUSTRIES


PB Ratio Performance Analysis for SUPREME INDUSTRIES

- SUPREME INDUSTRIES 's latest p/b ratio is 12.41x.

- SUPREME INDUSTRIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 6.72x.

- SUPREME INDUSTRIES 's operated at median p/b ratio of 6.75x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SUPREME INDUSTRIES 's p/b ratio peaked in Mar2021 at 8.17x.

- SUPREME INDUSTRIES 's p/b ratio hit its five-year low in Mar2020 of 4.88x.


How does SUPREME INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Plastic Products Industry?

Peer Comparison (Plastic Products Industry)Book ValuePB RatioMarket Cap
SUPREME INDUSTRIES 4,402.1212.4154,629.7
ASTRAL LTD2,709.2019.9153,940.3
FINOLEX INDUSTRIES LTD4,903.073.4316,814.9
RESPONSIVE INDUSTRIES LTD1,003.387.687,705.0
PRINCE PIPES AND FITTINGS LTD1,363.965.066,904.0
EPL LTD1,956.602.885,643.3
JAI CORP LTD1,431.824.005,729.1
TIME TECHNOPLAST LTD2,265.812.756,233.7
GARWARE HITECH FILMS LTD1,855.822.204,091.9
JAIN IRRIGATION SYSTEMS LTD5,135.800.763,925.4
MOLDTEK PACKAGING LTD558.464.992,786.7

Plastic Products Industry Benchmark (Top 10) PB Analysis vs SUPREME INDUSTRIES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.76x
Max industry PB 19.91x
Median industry PB 4.00x
Average industry PB 6.01x



You may also like the below Video Courses