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COMMERCIAL SYN BAGS
PE (Price/Earnings) Ratio

The Current P/E Ratio of COMMERCIAL SYN BAGS is 21.93.

Share Price ₹153.8Mar 20,2026
Market Cap ₹615.2 Cr
Earnings-TTM₹28.1 CrTTM-Consolidated Results
Price/Earnings21.93xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of COMMERCIAL SYN BAGS

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

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of COMMERCIAL SYN BAGS is calculated as :

Current Market Cap [ ₹615.2 Cr] as on Mar 20,2026

(/) Earnings [ ₹28.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 21.93x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for COMMERCIAL SYN BAGS , the investors are currently willing to pay 21.93 times earnings to own 1 share of the company.

PE Multiples are the most widely used valuation multiple in practice.

Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.

In such cases, you may consider using Price to Book ratio or Price to Sales ratio of COMMERCIAL SYN BAGS !

P/E ratios, also, would not adjust for differences in the capital structure between companies.

The chart below summarizes the trend in P/E Ratio of COMMERCIAL SYN BAGS over the last five years.

Historical PE (Price/Earnings) ratio chart of COMMERCIAL SYN BAGS


PE Ratio Performance Analysis for COMMERCIAL SYN BAGS

- COMMERCIAL SYN BAGS 's latest p/e ratio is 21.93x.

- COMMERCIAL SYN BAGS 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 20.39x.

- COMMERCIAL SYN BAGS 's operated at median p/e ratio of 18.49x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, COMMERCIAL SYN BAGS 's p/e ratio peaked in Mar2023 at 42.06x.

- COMMERCIAL SYN BAGS 's p/e ratio hit its five-year low in Mar2021 of 3.59x.


How does COMMERCIAL SYN BAGS 's P/E Ratio benchmark against top 10 peers in Plastic Products Industry?

Peer Comparison (Plastic Products Industry)Earnings-TTM (Cr)PE RatioMarket Cap
COMMERCIAL SYN BAGS 28.0521.93615.2
SUPREME INDUSTRIES LTD732.1366.4148,619.5
ASTRAL LTD499.7087.7243,834.3
FINOLEX INDUSTRIES LTD456.3123.7310,827.3
GARWARE HITECH FILMS LTD307.8227.538,473.9
TIME TECHNOPLAST LTD454.1117.658,016.6
EPL LTD402.5015.136,089.5
SHAILY ENGINEERING PLASTICS LTD158.3469.5611,014.1
RESPONSIVE INDUSTRIES LTD179.8522.284,007.1
JAIN IRRIGATION SYSTEMS LTD11.10195.462,169.6
POLYPLEX CORPORATION LTD-5.35-500.252,676.4

Plastic Products Industry Benchmark (Top 10) PE Analysis vs COMMERCIAL SYN BAGS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -500.25x
Max industry PE 195.46x
Median industry PE 23.73x
Average industry PE 4.29x



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