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SUPREME INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of SUPREME INDUSTRIES is 55.51.

Share Price ₹4,192.2Apr 23,2024
Market Cap ₹53,240.3 Cr
Earnings-TTM₹959.1 CrTTM-Consolidated Results
Price/Earnings55.51xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SUPREME INDUSTRIES

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 SUPREME INDUSTRIES is calculated as :

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 ]

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

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 latest p/e ratio is 55.51x.

- 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 RatioMarket Cap
SUPREME INDUSTRIES 959.0555.5153,240.3
ASTRAL LTD564.8093.1852,626.7
FINOLEX INDUSTRIES LTD433.6036.4815,819.1
RESPONSIVE INDUSTRIES LTD138.1355.577,675.7
PRINCE PIPES AND FITTINGS LTD222.0030.946,869.2
EPL LTD276.9020.475,667.1
JAI CORP LTD-9.29-616.705,729.1
TIME TECHNOPLAST LTD286.8421.056,037.5
GARWARE HITECH FILMS LTD188.5521.444,043.1
JAIN IRRIGATION SYSTEMS LTD-43.94-90.143,960.8
MOLDTEK PACKAGING LTD71.6139.822,851.5

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

Top 10 Industry PeersPE 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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