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Sharda Ispat (BOM:513548) Shiller PE Ratio : 30.53 (As of May. 04, 2024)


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What is Sharda Ispat Shiller PE Ratio?

As of today (2024-05-04), Sharda Ispat's current share price is ₹288.55. Sharda Ispat's E10 for the quarter that ended in Dec. 2023 was ₹9.45. Sharda Ispat's Shiller PE Ratio for today is 30.53.

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

BOM:513548' s Shiller PE Ratio Range Over the Past 10 Years
Min: 1.25   Med: 11.32   Max: 37.6
Current: 31.43

During the past years, Sharda Ispat's highest Shiller PE Ratio was 37.60. The lowest was 1.25. And the median was 11.32.

BOM:513548's Shiller PE Ratio is ranked worse than
74.56% of 397 companies
in the Steel industry
Industry Median: 15.58 vs BOM:513548: 31.43

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.

Sharda Ispat's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹6.970. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹9.45 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sharda Ispat Shiller PE Ratio Historical Data

The historical data trend for Sharda Ispat'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.

Sharda Ispat Shiller PE Ratio Chart

Sharda Ispat 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 - - 9.02 11.18 9.09

Sharda Ispat 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 10.76 9.09 9.68 17.43 27.37

Competitive Comparison of Sharda Ispat's Shiller PE Ratio

For the Steel subindustry, Sharda Ispat'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.


Sharda Ispat's Shiller PE Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Sharda Ispat's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Sharda Ispat's Shiller PE Ratio falls into.



Sharda Ispat 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.

Sharda Ispat's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=288.55/9.45
=30.53

* 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.

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

For example, Sharda Ispat'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)
=6.97/153.2548*153.2548
=6.970

Current CPI (Dec. 2023) = 153.2548.

Sharda Ispat Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.000 91.425 0.000
201406 -1.020 94.103 -1.661
201409 -0.130 96.780 -0.206
201412 -0.340 96.780 -0.538
201503 3.036 97.163 4.789
201506 -0.140 99.841 -0.215
201509 0.310 101.753 0.467
201512 1.350 102.901 2.011
201603 0.970 102.518 1.450
201606 0.410 105.961 0.593
201609 0.370 105.961 0.535
201612 1.260 105.196 1.836
201703 1.960 105.196 2.855
201706 1.710 107.109 2.447
201709 2.020 109.021 2.840
201712 2.860 109.404 4.006
201803 1.510 109.786 2.108
201806 3.310 111.317 4.557
201809 2.820 115.142 3.753
201812 2.390 115.142 3.181
201903 4.820 118.202 6.249
201906 2.470 120.880 3.132
201909 0.680 123.175 0.846
201912 3.260 126.235 3.958
202003 0.660 124.705 0.811
202006 -0.490 127.000 -0.591
202009 1.730 130.118 2.038
202012 0.730 130.889 0.855
202103 4.820 131.771 5.606
202106 0.400 134.084 0.457
202109 1.730 135.847 1.952
202112 1.210 138.161 1.342
202203 2.620 138.822 2.892
202206 1.620 142.347 1.744
202209 0.260 144.661 0.275
202212 2.200 145.763 2.313
202303 3.790 146.865 3.955
202306 4.560 150.280 4.650
202309 7.750 151.492 7.840
202312 6.970 153.255 6.970

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.


Sharda Ispat  (BOM:513548) 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.


Sharda Ispat Shiller PE Ratio Related Terms

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Sharda Ispat (BOM:513548) Business Description

Traded in Other Exchanges
N/A
Address
Hill Road, DA-Rock, Plot No. 230, 6th Floor, Shivaji Nagar, Nagpur, MH, IND, 440010
Sharda Ispat Ltd is engaged in the iron and steel business. It manufactures alloy, carbon, and spring steel rolled products to the various automobile OEM component manufacturer, as well as forging and bright bar industries. Its product offerings comprise Flats, Round Bars, and Square Bars. The majority of revenue comes from India.

Sharda Ispat (BOM:513548) Headlines

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