This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We’ll look at Suprajit Engineering Limited’s (NSE:SUPRAJIT) P/E ratio and reflect on what it tells us about the company’s share price. Suprajit Engineering has a P/E ratio of 18.52, based on the last twelve months. In other words, at today’s prices, investors are paying ₹18.52 for every ₹1 in prior year profit.
How Do You Calculate Suprajit Engineering’s P/E Ratio?
The formula for price to earnings is:
Price to Earnings