Home > PE Ratio > SUPER TANNERY

SUPER TANNERY
PE (Price/Earnings) Ratio

The Current P/E Ratio of SUPER TANNERY is 17.33.

Share Price ₹9.2Apr 19,2024
Market Cap ₹99.6 Cr
Earnings-TTM₹5.7 CrTTM-Consolidated Results
Price/Earnings17.33xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for SUPER TANNERY
Please provide your vote to see the results

Definition & Calculation of PE (Price/Earnings) ratio of SUPER TANNERY

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 SUPER TANNERY is calculated as :

Current Market Cap [ ₹99.6 Cr] as on Apr 19,2024

(/) Earnings [ ₹5.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 17.33x ]

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

Thus, for SUPER TANNERY , the investors are currently willing to pay 17.33 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 SUPER TANNERY !

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 SUPER TANNERY over the last five years.

Historical PE (Price/Earnings) ratio chart of SUPER TANNERY


PE Ratio Performance Analysis for SUPER TANNERY

- SUPER TANNERY 's latest p/e ratio is 17.33x.

- SUPER TANNERY 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 7.96x.

- SUPER TANNERY 's operated at median p/e ratio of 6.58x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SUPER TANNERY 's p/e ratio peaked in Mar2022 at 12.22x.

- SUPER TANNERY 's p/e ratio hit its five-year low in Mar2020 of 3.98x.


How does SUPER TANNERY 's P/E Ratio benchmark against top 10 peers in Leather Industry?

Peer Comparison (Leather Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SUPER TANNERY 5.7517.3399.6
BHARTIYA INTERNATIONAL LTD11.7744.43522.9
AKI INDIA LTD1.02204.09209.0

Leather Industry Benchmark (Top 10) PE Analysis vs SUPER TANNERY 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 17.33x
Max industry PE 204.09x
Median industry PE 44.43x
Average industry PE 88.62x



You may also like the below Video Courses