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SUPREME PETROCHEM
PE (Price/Earnings) Ratio

The Current P/E Ratio of SUPREME PETROCHEM is 32.64.

Share Price ₹650.7Apr 22,2024
Market Cap ₹12,233.2 Cr
Earnings-TTM₹374.8 CrTTM-Standalone Results
Price/Earnings32.64xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SUPREME PETROCHEM

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 PETROCHEM is calculated as :

Current Market Cap [ ₹12,233.2 Cr] as on Apr 22,2024

(/) Earnings [ ₹374.8 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 32.64x ]

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

Thus, for SUPREME PETROCHEM , the investors are currently willing to pay 32.64 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 PETROCHEM !

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 PETROCHEM over the last five years.

Historical PE (Price/Earnings) ratio chart of SUPREME PETROCHEM


PE Ratio Performance Analysis for SUPREME PETROCHEM

- SUPREME PETROCHEM 's latest p/e ratio is 32.64x.

- SUPREME PETROCHEM 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 10.55x.

- SUPREME PETROCHEM 's operated at median p/e ratio of 6.55x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SUPREME PETROCHEM 's p/e ratio peaked in Mar2019 at 21.97x.

- SUPREME PETROCHEM 's p/e ratio hit its five-year low in Mar2021 of 4.12x.


How does SUPREME PETROCHEM 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SUPREME PETROCHEM 374.7932.6412,233.2
PIDILITE INDUSTRIES LTD1,732.5285.10147,431.0
SOLAR INDUSTRIES INDIA LTD855.5490.0877,067.2
SRF LTD1,475.9551.5176,022.6
GUJARAT FLUOROCHEMICALS LTD665.8761.1140,688.4
DEEPAK NITRITE LTD790.8739.6831,384.0
TATA CHEMICALS LTD1,891.0015.0228,406.6
GODREJ INDUSTRIES LTD625.2045.3228,335.9
AARTI INDUSTRIES LTD434.0060.2226,136.5
ATUL LTD349.6349.6117,344.9
VINATI ORGANICS LTD359.7147.0716,931.7

Chemicals Industry Benchmark (Top 10) PE Analysis vs SUPREME PETROCHEM 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 15.02x
Max industry PE 90.08x
Median industry PE 49.61x
Average industry PE 52.49x



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