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Triton Valves (BOM:505978) Shiller PE Ratio : 47.81 (As of May. 25, 2024)


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What is Triton Valves Shiller PE Ratio?

As of today (2024-05-25), Triton Valves's current share price is ₹2680.20. Triton Valves's E10 for the quarter that ended in Dec. 2023 was ₹56.06. Triton Valves's Shiller PE Ratio for today is 47.81.

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

BOM:505978' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.58   Med: 23.31   Max: 57.77
Current: 47.43

During the past years, Triton Valves's highest Shiller PE Ratio was 57.77. The lowest was 10.58. And the median was 23.31.

BOM:505978's Shiller PE Ratio is ranked worse than
82.33% of 832 companies
in the Vehicles & Parts industry
Industry Median: 17.65 vs BOM:505978: 47.43

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.

Triton Valves's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹6.670. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹56.06 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Triton Valves Shiller PE Ratio Historical Data

The historical data trend for Triton Valves'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.

Triton Valves Shiller PE Ratio Chart

Triton Valves 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 - - 14.55 18.05 26.29

Triton Valves 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 32.37 26.29 25.24 28.65 26.30

Competitive Comparison of Triton Valves's Shiller PE Ratio

For the Auto Parts subindustry, Triton Valves'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.


Triton Valves's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Triton Valves's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Triton Valves's Shiller PE Ratio falls into.



Triton Valves 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.

Triton Valves's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2680.20/56.06
=47.81

* 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.

Triton Valves's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Triton Valves'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)
=6.67/152.9243*152.9243
=6.670

Current CPI (Dec. 2023) = 152.9243.

Triton Valves Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 12.100 91.425 20.239
201406 15.600 94.103 25.351
201409 23.600 96.780 37.291
201412 14.630 96.780 23.117
201503 20.990 97.163 33.036
201506 14.760 99.841 22.608
201509 21.490 101.753 32.297
201512 16.280 102.901 24.194
201603 17.900 102.518 26.701
201606 17.750 105.961 25.617
201609 27.740 105.961 40.035
201612 14.960 105.196 21.747
201703 25.090 105.196 36.474
201706 13.140 107.109 18.761
201709 29.890 109.021 41.927
201712 10.590 109.404 14.803
201803 12.410 109.786 17.286
201806 5.830 111.317 8.009
201809 -5.080 115.142 -6.747
201812 9.780 115.142 12.989
201903 24.330 118.202 31.477
201906 12.590 120.880 15.928
201909 13.690 123.175 16.996
201912 16.730 126.235 20.267
202003 12.100 124.705 14.838
202006 -24.290 127.000 -29.248
202009 38.880 130.118 45.695
202012 25.150 130.889 29.384
202103 35.050 131.771 40.677
202106 -7.540 134.084 -8.599
202109 -31.610 135.847 -35.584
202112 5.460 138.161 6.043
202203 5.280 138.822 5.816
202206 6.710 142.347 7.209
202209 -20.650 144.661 -21.830
202212 -45.630 145.763 -47.872
202303 -23.710 146.865 -24.688
202306 5.600 150.280 5.699
202309 5.910 151.492 5.966
202312 6.670 152.924 6.670

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.


Triton Valves  (BOM:505978) 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.


Triton Valves Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Triton Valves's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Triton Valves (BOM:505978) Business Description

Traded in Other Exchanges
N/A
Address
22, Ulsoor Road, Sunrise Chambers, Bengaluru, KA, IND, 560 042
Triton Valves Ltd is engaged in the business of manufacturing valves. It serves tyre and tube valves; automotive air conditioning; tyre pressure monitoring; industrial and home air conditioning; electric vehicles; aerospace and defence and mining and construction industries. The company's only operating segment is Automobile tyres and tube valves, cores and accessories. Geographically, it derives a majority of its revenue from India.

Triton Valves (BOM:505978) Headlines

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