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Akzo Nobel India (NSE:AKZOINDIA) Shiller PE Ratio : 30.86 (As of Apr. 29, 2024)


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What is Akzo Nobel India Shiller PE Ratio?

As of today (2024-04-29), Akzo Nobel India's current share price is ₹2442.00. Akzo Nobel India's E10 for the quarter that ended in Dec. 2023 was ₹79.12. Akzo Nobel India's Shiller PE Ratio for today is 30.86.

The historical rank and industry rank for Akzo Nobel India's Shiller PE Ratio or its related term are showing as below:

NSE:AKZOINDIA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.47   Med: 24.1   Max: 36.48
Current: 30.89

During the past years, Akzo Nobel India's highest Shiller PE Ratio was 36.48. The lowest was 11.47. And the median was 24.10.

NSE:AKZOINDIA's Shiller PE Ratio is ranked worse than
68.96% of 1034 companies
in the Chemicals industry
Industry Median: 19.155 vs NSE:AKZOINDIA: 30.89

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Akzo Nobel India's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹24.990. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹79.12 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Akzo Nobel India Shiller PE Ratio Historical Data

The historical data trend for Akzo Nobel India's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Akzo Nobel India Shiller PE Ratio Chart

Akzo Nobel India Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.72 17.06 27.13 26.18 30.34

Akzo Nobel India Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.54 30.34 31.40 32.07 32.95

Competitive Comparison of Akzo Nobel India's Shiller PE Ratio

For the Specialty Chemicals subindustry, Akzo Nobel India's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Akzo Nobel India's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Akzo Nobel India's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Akzo Nobel India's Shiller PE Ratio falls into.



Akzo Nobel India Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Akzo Nobel India's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2442.00/79.12
=30.86

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Akzo Nobel India's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Akzo Nobel India's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=24.99/153.2548*153.2548
=24.990

Current CPI (Dec. 2023) = 153.2548.

Akzo Nobel India Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201306 7.460 88.365 12.938
201309 7.230 91.042 12.171
201312 5.790 91.425 9.706
201403 11.700 91.425 19.613
201406 11.830 94.103 19.266
201409 7.660 96.780 12.130
201412 10.870 96.780 17.213
201503 9.570 97.163 15.095
201506 10.020 99.841 15.381
201509 13.770 101.753 20.740
201512 15.190 102.901 22.623
201603 13.170 102.518 19.688
201606 13.770 105.961 19.916
201609 8.910 105.961 12.887
201612 14.700 105.196 21.416
201703 15.550 105.196 22.654
201803 85.750 109.786 119.702
201806 9.320 111.317 12.831
201809 8.010 115.142 10.661
201812 13.260 115.142 17.649
201903 15.400 118.202 19.967
201906 12.550 120.880 15.911
201909 10.810 123.175 13.450
201912 16.910 126.235 20.529
202003 11.860 124.705 14.575
202006 -4.450 127.000 -5.370
202009 14.560 130.118 17.149
202012 19.180 130.889 22.457
202103 16.310 131.771 18.969
202106 16.670 134.084 19.053
202109 12.240 135.847 13.808
202112 18.400 138.161 20.410
202203 16.390 138.822 18.094
202206 16.880 142.347 18.173
202209 14.370 144.661 15.224
202212 21.390 145.763 22.489
202303 20.940 146.865 21.851
202306 24.120 150.280 24.597
202309 20.700 151.492 20.941
202312 24.990 153.255 24.990

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Akzo Nobel India  (NSE:AKZOINDIA) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Akzo Nobel India Shiller PE Ratio Related Terms

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Akzo Nobel India (NSE:AKZOINDIA) Business Description

Traded in Other Exchanges
Address
Golf Course Extension Road, 9th Floor, Magnum Towers, Sector 58, Gurugram, HR, IND, 122 011
Akzo Nobel India Ltd manufactures and sells a variety of chemicals and coatings. The company organizes itself into only segments based on the product type. The coatings segment, which generates the vast majority of revenue, sells decorative paints under the Dulux brand and performance coatings for ships, cars, aircraft, and buildings. The vast majority of revenue comes from India.

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