Supreme Industries Stock

Supreme Industries P/E 2024

Supreme Industries P/E

66.11

Ticker

SUPREMEIND.NS

ISIN

INE195A01028

As of Sep 12, 2024, Supreme Industries's P/E ratio was 66.11, a 61.64% change from the 40.9 P/E ratio recorded in the previous year.

The Supreme Industries P/E history

Supreme Industries Aktienanalyse

What does Supreme Industries do?

Supreme Industries Ltd is an Indian plastic manufacturer based in Mumbai, India. The company was founded in 1942 by Late Mr. Khubilal K. Modi and started with the production of PVC hoses and rubber articles. Since then, the company has had a long and successful history, which has allowed it to become one of the leading representatives of the plastic industry in India. Over the years, however, the company has evolved and expanded its business to manufacture various plastic products used in many industries. Supreme Industries Ltd is a publicly listed company listed on the Bombay Stock Exchange and the National Stock Exchange of India. The company has more than 27 locations throughout India and employs over 5,000 individuals. The company's business model is focused on a wide range of plastic products used in various industries such as construction, automotive, agriculture, packaging, and consumer goods. The company is divided into eight main segments, which include: - PVC Pipes & Fittings - Plastic Furniture - Packaging - Protective Packaging - Cross Laminated Films (CLF) - Industrial Plastic - Automotive Components - Other Construction Products The production of PVC pipes and fittings is one of the company's main segments. These products are used in the construction industry and are employed in various applications such as drinking water supply, drainage systems, field irrigation, and sanitary facilities. To meet the requirements of different customers, the company also offers a wide range of PVC fittings and connectors. The plastic furniture sector is the company's second main segment. It includes benches, chairs, tables, and various furniture such as garden furniture, brushes, and outdoor play equipment. The production of plastic furniture has made the company a leading manufacturer of high-quality outdoor furniture. Supreme Industries Ltd also produces packaging products, including films, bags, and sacks, which are used in various industries such as the food and beverage industry, clothing industry, or pharmaceutical industry. Another segment is protective packaging, where the products include non-slip films, paper packaging, and PE foam films that help prevent damage and breakage during packaging and transportation. In the cross-laminated films (CLF) segment, multi-layer films are produced that have various applications. They are used in various industries such as agriculture, F&B, textile, and construction material industries. Supreme Industries' CLFs are known for their high quality and durability. Supreme Industries Ltd also produces industrial plastics such as plastic pipes, plastic films, and other plastic products used in the automotive, agriculture, construction, consumer goods, and packaging industries. This includes roofing sheets, wall panels, window profiles, and floor panels. In the automotive component segment, Supreme Industries Ltd produces parts such as dashboards, bumpers, door panels, heat insulation materials, air and fuel channels, and other components used in the automotive industry. Aside from the aforementioned segments, the company also produces other construction products used in various sectors. Some of these include mortars, cement, plaster and filler materials, as well as various construction chemical products. Overall, Supreme Industries Ltd is a leading plastic manufacturer in India that offers a wide range of products that can be used in almost any industry sector. The company's long and successful history reflects its ability to adapt to the increasingly complex demands of different customers. With its advanced technology, skilled workforce, and strong distribution network, the company is poised to continue growing in the future. Supreme Industries ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Supreme Industries's P/E Ratio

The Price to Earnings (P/E) Ratio of Supreme Industries is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Supreme Industries's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Supreme Industries is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Supreme Industries’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Supreme Industries stock

What is the price-to-earnings ratio of Supreme Industries?

The price-earnings ratio of Supreme Industries is currently 66.11.

How has the price-earnings ratio of Supreme Industries changed compared to last year?

The price-to-earnings ratio of Supreme Industries has increased by 61.64% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Supreme Industries high compared to other companies?

Yes, the price-to-earnings ratio of Supreme Industries is high compared to other companies.

How does an increase in the price-earnings ratio of Supreme Industries affect the company?

An increase in the price-earnings ratio of Supreme Industries would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Supreme Industries affect the company?

A decrease in the price-earnings ratio of Supreme Industries would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Supreme Industries?

Some factors that influence the price-earnings ratio of Supreme Industries are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Supreme Industries pay?

Over the past 12 months, Supreme Industries paid a dividend of 22 INR . This corresponds to a dividend yield of about 0.41 %. For the coming 12 months, Supreme Industries is expected to pay a dividend of 25.74 INR.

What is the dividend yield of Supreme Industries?

The current dividend yield of Supreme Industries is 0.41 %.

When does Supreme Industries pay dividends?

Supreme Industries pays a quarterly dividend. This is distributed in the months of December, July, December, July.

How secure is the dividend of Supreme Industries?

Supreme Industries paid dividends every year for the past 23 years.

What is the dividend of Supreme Industries?

For the upcoming 12 months, dividends amounting to 25.74 INR are expected. This corresponds to a dividend yield of 0.48 %.

In which sector is Supreme Industries located?

Supreme Industries is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Supreme Industries kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Supreme Industries from 7/8/2024 amounting to 22 INR, you needed to have the stock in your portfolio before the ex-date on 6/21/2024.

When did Supreme Industries pay the last dividend?

The last dividend was paid out on 7/8/2024.

What was the dividend of Supreme Industries in the year 2023?

In the year 2023, Supreme Industries distributed 28 INR as dividends.

In which currency does Supreme Industries pay out the dividend?

The dividends of Supreme Industries are distributed in INR.

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Andere Kennzahlen von Supreme Industries

Our stock analysis for Supreme Industries Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Supreme Industries Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.