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SUPREME INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of SUPREME INDUSTRIES is 59.89.

Share Price ₹4,546.5Nov 21,2024
Market Cap ₹57,739.9 Cr
Earnings-TTM₹964.1 CrTTM-Consolidated Results
Price/Earnings59.89xCalculated 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 [ ₹57,739.9 Cr] as on Nov 21,2024

(/) Earnings [ ₹964.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 59.89x ]

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 59.89 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 59.89x.

- SUPREME INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 32.79x.

- 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 Mar2024 at 50.21x.

- 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 964.1159.8957,739.9
ASTRAL LTD522.9088.1046,066.8
FINOLEX INDUSTRIES LTD777.4420.4215,871.8
RESPONSIVE INDUSTRIES LTD188.2435.496,679.9
PRINCE PIPES AND FITTINGS LTD131.6635.584,685.0
EPL LTD256.6031.428,061.1
JAI CORP LTD67.8075.255,101.9
TIME TECHNOPLAST LTD367.6122.948,431.6
GARWARE HITECH FILMS LTD306.3035.2810,807.2
JAIN IRRIGATION SYSTEMS LTD36.76115.744,254.4
MOLDTEK PACKAGING LTD62.8135.012,198.9

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

Top 10 Industry PeersPE Ratio
Min industry PE 20.42x
Max industry PE 115.74x
Median industry PE 35.49x
Average industry PE 50.46x



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