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Refex Industries (BOM:532884) Shiller PE Ratio : 40.05 (As of May. 17, 2024)


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What is Refex Industries Shiller PE Ratio?

As of today (2024-05-17), Refex Industries's current share price is ₹149.00. Refex Industries's E10 for the quarter that ended in Dec. 2023 was ₹3.72. Refex Industries's Shiller PE Ratio for today is 40.05.

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

BOM:532884' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.35   Med: 32.43   Max: 49.37
Current: 38.95

During the past years, Refex Industries's highest Shiller PE Ratio was 49.37. The lowest was 9.35. And the median was 32.43.

BOM:532884's Shiller PE Ratio is ranked worse than
85.14% of 74 companies
in the Other Energy Sources industry
Industry Median: 15.415 vs BOM:532884: 38.95

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.

Refex Industries's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹1.524. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹3.72 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Refex Industries Shiller PE Ratio Historical Data

The historical data trend for Refex Industries'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.

Refex Industries Shiller PE Ratio Chart

Refex Industries 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 - - - - 17.54

Refex Industries 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 27.10 17.54 33.37 36.36 32.35

Competitive Comparison of Refex Industries's Shiller PE Ratio

For the Thermal Coal subindustry, Refex Industries'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.


Refex Industries's Shiller PE Ratio Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Refex Industries's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Refex Industries's Shiller PE Ratio falls into.



Refex Industries 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.

Refex Industries's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=149.00/3.72
=40.05

* 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.

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

For example, Refex Industries'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)
=1.524/152.9243*152.9243
=1.524

Current CPI (Dec. 2023) = 152.9243.

Refex Industries Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201212 -0.052 83.774 -0.095
201303 -1.703 85.687 -3.039
201306 -0.035 88.365 -0.061
201309 0.099 91.042 0.166
201312 0.029 91.425 0.049
201403 0.056 91.425 0.094
201406 0.043 94.103 0.070
201409 0.025 96.780 0.040
201412 -0.050 96.780 -0.079
201503 0.366 97.163 0.576
201506 -0.004 99.841 -0.006
201509 -0.126 101.753 -0.189
201512 -0.223 102.901 -0.331
201603 1.017 102.518 1.517
201606 -0.045 105.961 -0.065
201609 0.091 105.961 0.131
201703 0.290 105.196 0.422
201803 0.610 109.786 0.850
201809 0.473 115.142 0.628
201812 1.199 115.142 1.592
201903 2.201 118.202 2.848
201906 1.124 120.880 1.422
201909 1.416 123.175 1.758
201912 2.230 126.235 2.701
202003 -0.606 124.705 -0.743
202006 0.684 127.000 0.824
202009 1.524 130.118 1.791
202012 1.148 130.889 1.341
202103 1.172 131.771 1.360
202106 0.672 134.084 0.766
202109 0.714 135.847 0.804
202112 0.652 138.161 0.722
202203 2.286 138.822 2.518
202206 1.312 142.347 1.409
202209 2.424 144.661 2.562
202212 2.374 145.763 2.491
202303 4.642 146.865 4.834
202306 1.918 150.280 1.952
202309 1.928 151.492 1.946
202312 1.524 152.924 1.524

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.


Refex Industries  (BOM:532884) 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.


Refex Industries Shiller PE Ratio Related Terms

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Refex Industries (BOM:532884) Business Description

Traded in Other Exchanges
Address
Venkat Narayana Road, New No. 10/2, Old No. 56L, 11th Floor, Bascon Futura IT Park, T. Nagar, Chennai, TN, IND, 600017
Refex Industries Ltd is a manufacturer and refiller of refrigerant gases. The company's operating segment includes Coal & Ash Handling Business, Solar Power - Generation and Related Activities, Refrigerant Gas- (Refilling) and Sales, Sale Of Service, Power Trading, and Other. Geographically, the business activities are operated through the region of India.

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