SUPREME PETROCHEM
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The Current P/E Ratio of SUPREME PETROCHEM is 32.64.
Share Price | ₹650.7 | Apr 22,2024 |
Market Cap | ₹12,233.2 Cr | |
Earnings-TTM | ₹374.8 Cr | TTM-Standalone Results |
Price/Earnings | 32.64x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SUPREME PETROCHEM
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
SUPREME PETROCHEM | 374.79 | 32.64 | 12,233.2 |
PIDILITE INDUSTRIES LTD | 1,732.52 | 85.10 | 147,431.0 |
SOLAR INDUSTRIES INDIA LTD | 855.54 | 90.08 | 77,067.2 |
SRF LTD | 1,475.95 | 51.51 | 76,022.6 |
GUJARAT FLUOROCHEMICALS LTD | 665.87 | 61.11 | 40,688.4 |
DEEPAK NITRITE LTD | 790.87 | 39.68 | 31,384.0 |
TATA CHEMICALS LTD | 1,891.00 | 15.02 | 28,406.6 |
GODREJ INDUSTRIES LTD | 625.20 | 45.32 | 28,335.9 |
AARTI INDUSTRIES LTD | 434.00 | 60.22 | 26,136.5 |
ATUL LTD | 349.63 | 49.61 | 17,344.9 |
VINATI ORGANICS LTD | 359.71 | 47.07 | 16,931.7 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs SUPREME PETROCHEM 's P/E Ratio
Top 10 Industry Peers | PE 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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