P/E ratio for Supreme Industries (SUPREMEIND.NS)
P/E ratio as of May 2024 (TTM): 71.0
According to Supreme Industries 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 71.0201. At the end of 2022 the company had a P/E ratio of 37.5.
P/E ratio history for Supreme Industries from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 37.5 | 45.04% |
| 2021 | 25.9 | -19.46% |
| 2020 | 32.1 | -6.53% |
| 2019 | 34.3 | 6.65% |
| 2018 | 32.2 | -22.4% |
| 2017 | 41.5 | 43.66% |
| 2016 | 28.9 | 23.05% |
| 2015 | 23.5 | -26.35% |
| 2014 | 31.9 | 71.49% |
| 2013 | 18.6 | 26.25% |
| 2012 | 14.7 |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.