SUPREME INDUSTRIES
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The Current P/E Ratio of SUPREME INDUSTRIES is 55.51.
Share Price | ₹4,192.2 | Apr 23,2024 |
Market Cap | ₹53,240.3 Cr | |
Earnings-TTM | ₹959.1 Cr | TTM-Consolidated Results |
Price/Earnings | 55.51x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SUPREME INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹53,240.3 Cr] as on Apr 23,2024
(/) Earnings [ ₹959.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 55.51x ]
Thus, for SUPREME INDUSTRIES , the investors are currently willing to pay 55.51 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 SUPREME INDUSTRIES !
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 SUPREME INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of SUPREME INDUSTRIES
PE Ratio Performance Analysis for SUPREME INDUSTRIES
- SUPREME INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 29.06x.
- SUPREME INDUSTRIES 's operated at median p/e ratio of 26.81x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SUPREME INDUSTRIES 's p/e ratio peaked in Mar2023 at 36.88x.
- SUPREME INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 23.61x.
How does SUPREME INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Plastic Products Industry?
Peer Comparison (Plastic Products Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
SUPREME INDUSTRIES | 959.05 | 55.51 | 53,240.3 |
ASTRAL LTD | 564.80 | 93.18 | 52,626.7 |
FINOLEX INDUSTRIES LTD | 433.60 | 36.48 | 15,819.1 |
RESPONSIVE INDUSTRIES LTD | 138.13 | 55.57 | 7,675.7 |
PRINCE PIPES AND FITTINGS LTD | 222.00 | 30.94 | 6,869.2 |
EPL LTD | 276.90 | 20.47 | 5,667.1 |
JAI CORP LTD | -9.29 | -616.70 | 5,729.1 |
TIME TECHNOPLAST LTD | 286.84 | 21.05 | 6,037.5 |
GARWARE HITECH FILMS LTD | 188.55 | 21.44 | 4,043.1 |
JAIN IRRIGATION SYSTEMS LTD | -43.94 | -90.14 | 3,960.8 |
MOLDTEK PACKAGING LTD | 71.61 | 39.82 | 2,851.5 |
Plastic Products Industry Benchmark (Top 10) PE Analysis vs SUPREME INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -616.70x |
Max industry PE | 93.18x |
Median industry PE | 30.94x |
Average industry PE | -30.22x |
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