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Carborundum Universal (BOM:513375) Shiller PE Ratio : 94.39 (As of May. 28, 2024)


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What is Carborundum Universal Shiller PE Ratio?

As of today (2024-05-28), Carborundum Universal's current share price is ₹1620.75. Carborundum Universal's E10 for the quarter that ended in Mar. 2024 was ₹17.17. Carborundum Universal's Shiller PE Ratio for today is 94.39.

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

BOM:513375' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.96   Med: 60.51   Max: 100.58
Current: 96.09

During the past years, Carborundum Universal's highest Shiller PE Ratio was 100.58. The lowest was 11.96. And the median was 60.51.

BOM:513375's Shiller PE Ratio is ranked worse than
94.41% of 340 companies
in the Conglomerates industry
Industry Median: 16.34 vs BOM:513375: 96.09

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.

Carborundum Universal's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹7.090. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹17.17 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Carborundum Universal Shiller PE Ratio Historical Data

The historical data trend for Carborundum Universal'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.

Carborundum Universal Shiller PE Ratio Chart

Carborundum Universal Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.47 37.31 62.10 66.29 73.75

Carborundum Universal Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 66.29 76.65 73.41 66.77 73.75

Competitive Comparison of Carborundum Universal's Shiller PE Ratio

For the Conglomerates subindustry, Carborundum Universal'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.


Carborundum Universal's Shiller PE Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Carborundum Universal's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Carborundum Universal's Shiller PE Ratio falls into.



Carborundum Universal 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.

Carborundum Universal's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1620.75/17.17
=94.39

* 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.

Carborundum Universal's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Carborundum Universal's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=7.09/153.0345*153.0345
=7.090

Current CPI (Mar. 2024) = 153.0345.

Carborundum Universal Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 1.450 94.103 2.358
201409 0.910 96.780 1.439
201412 1.170 96.780 1.850
201503 3.510 97.163 5.528
201506 1.760 99.841 2.698
201509 2.110 101.753 3.173
201512 1.610 102.901 2.394
201603 2.170 102.518 3.239
201606 2.120 105.961 3.062
201609 2.470 105.961 3.567
201612 2.310 105.196 3.360
201703 2.350 105.196 3.419
201706 2.120 107.109 3.029
201709 2.930 109.021 4.113
201712 2.870 109.404 4.015
201803 3.480 109.786 4.851
201806 3.320 111.317 4.564
201809 3.420 115.142 4.546
201812 3.070 115.142 4.080
201903 3.270 118.202 4.234
201906 2.780 120.880 3.519
201909 3.400 123.175 4.224
201912 3.320 126.235 4.025
202003 4.870 124.705 5.976
202006 1.040 127.000 1.253
202009 4.560 130.118 5.363
202012 4.620 130.889 5.402
202103 4.770 131.771 5.540
202106 4.060 134.084 4.634
202109 5.140 135.847 5.790
202112 5.340 138.161 5.915
202203 2.980 138.822 3.285
202206 4.140 142.347 4.451
202209 4.680 144.661 4.951
202212 5.730 145.763 6.016
202303 7.190 146.865 7.492
202306 5.940 150.280 6.049
202309 5.350 151.492 5.404
202312 5.840 152.924 5.844
202403 7.090 153.035 7.090

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.


Carborundum Universal  (BOM:513375) 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.


Carborundum Universal Shiller PE Ratio Related Terms

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Carborundum Universal (BOM:513375) Business Description

Traded in Other Exchanges
Address
43 Moore Street, Parry House, Chennai, TN, IND, 600 001
Carborundum Universal Ltd is an investment holding company. The company's operating segment includes Abrasives, Ceramics, Super Refractories, and Electrominerals. The company generates maximum revenue from the Abrasives segment which comprises bonded, coated, processed cloth, polymers, power tools, and coolants. Geographically, The company derives a majority of revenue from India.

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