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Advance Syntex (BOM:539982) Shiller PE Ratio : 14.98 (As of May. 11, 2024)


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What is Advance Syntex Shiller PE Ratio?

As of today (2024-05-11), Advance Syntex's current share price is ₹7.04. Advance Syntex's E10 for the fiscal year that ended in Mar23 was ₹0.47. Advance Syntex's Shiller PE Ratio for today is 14.98.

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

BOM:539982' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.18   Med: 10.38   Max: 16.94
Current: 15.32

During the past 13 years, Advance Syntex's highest Shiller PE Ratio was 16.94. The lowest was 4.18. And the median was 10.38.

BOM:539982's Shiller PE Ratio is ranked better than
62.06% of 1041 companies
in the Chemicals industry
Industry Median: 19.79 vs BOM:539982: 15.32

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.

Advance Syntex's adjusted earnings per share data of for the fiscal year that ended in Mar23 was ₹-1.550. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹0.47 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Advance Syntex Shiller PE Ratio Historical Data

The historical data trend for Advance Syntex'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.

Advance Syntex Shiller PE Ratio Chart

Advance Syntex 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 - 4.81 8.33 11.38 14.08

Advance Syntex Quarterly Data
Sep18 Mar19 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 - 14.08 - - -

Competitive Comparison of Advance Syntex's Shiller PE Ratio

For the Specialty Chemicals subindustry, Advance Syntex'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.


Advance Syntex's Shiller PE Ratio Distribution in the Chemicals Industry

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

* The bar in red indicates where Advance Syntex's Shiller PE Ratio falls into.



Advance Syntex 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.

Advance Syntex's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=7.04/0.47
=14.98

* 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.

Advance Syntex's E10 for the fiscal year that ended in Mar23 is calculated as:

For example, Advance Syntex's adjusted earnings per share data for the fiscal year that ended in Mar23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar23 (Change)*Current CPI (Mar23)
=-1.55/146.8646*146.8646
=-1.550

Current CPI (Mar23) = 146.8646.

Advance Syntex Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 1.735 91.425 2.787
201503 0.070 97.163 0.106
201603 1.280 102.518 1.834
201703 1.400 105.196 1.955
201803 1.960 109.786 2.622
201903 1.985 118.202 2.466
202003 1.130 124.705 1.331
202103 -2.580 131.771 -2.876
202203 -3.750 138.822 -3.967
202303 -1.550 146.865 -1.550

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.


Advance Syntex  (BOM:539982) 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.


Advance Syntex Shiller PE Ratio Related Terms

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Advance Syntex (BOM:539982) Business Description

Traded in Other Exchanges
N/A
Address
233/2 & 238/2 GIDC POR, Ramangamdi, Vadodara, GJ, IND, 391243
Advance Syntex Ltd is an India-based manufacturer of other made-up textile goods except for apparel. It manufactures and exports metallic yarn, lacquer-coated aluminum metalized polyester film, glitter powder, and allied other products. The company's product line includes metalized polyester films, metalized and coated film for metallic yarn, polyester tape films, and coated polyester films; glitter powder for textiles, decorative and clear polyester glitters, and others.

Advance Syntex (BOM:539982) Headlines

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