GURUFOCUS.COM » STOCK LIST » Technology » Software » iGate Corp (FRA:MS4) » Definitions » Shiller PE Ratio

iGate (FRA:MS4) Shiller PE Ratio : 57.66 (As of May. 24, 2024)


View and export this data going back to . Start your Free Trial

What is iGate Shiller PE Ratio?

As of today (2024-05-24), iGate's current share price is €42.09. iGate's E10 for the quarter that ended in Mar. 2015 was €0.73. iGate's Shiller PE Ratio for today is 57.66.

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

FRA:MS4's Shiller PE Ratio is not ranked *
in the Software industry.
Industry Median: 30.365
* Ranked among companies with meaningful Shiller PE Ratio only.

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.

iGate's adjusted earnings per share data for the three months ended in Mar. 2015 was €0.425. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.73 for the trailing ten years ended in Mar. 2015.

Shiller PE for Stocks: The True Measure of Stock Valuation


iGate Shiller PE Ratio Historical Data

The historical data trend for iGate'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.

iGate Shiller PE Ratio Chart

iGate Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14,125.28 84.75 44.83 78.75 60.14

iGate Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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 57.04 64.36 61.45 60.14 60.48

Competitive Comparison of iGate's Shiller PE Ratio

For the Information Technology Services subindustry, iGate'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.


iGate's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, iGate's Shiller PE Ratio distribution charts can be found below:

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



iGate 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.

iGate's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=42.09/0.73
=57.66

* 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.

iGate's E10 for the quarter that ended in Mar. 2015 is calculated as:

For example, iGate's adjusted earnings per share data for the three months ended in Mar. 2015 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2015 (Change)*Current CPI (Mar. 2015)
=0.425/99.6211*99.6211
=0.425

Current CPI (Mar. 2015) = 99.6211.

iGate Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200506 -0.008 82.062 -0.010
200509 0.016 83.876 0.019
200512 0.080 83.032 0.096
200603 0.017 84.298 0.020
200606 -0.008 85.606 -0.009
200609 0.024 85.606 0.028
200612 0.092 85.142 0.108
200703 0.060 86.640 0.069
200706 0.030 87.906 0.034
200709 0.058 87.964 0.066
200712 0.061 88.616 0.069
200803 0.084 90.090 0.093
200806 0.096 92.320 0.104
200809 0.105 92.307 0.113
200812 0.088 88.697 0.099
200903 0.069 89.744 0.077
200906 0.079 91.003 0.086
200909 0.110 91.120 0.120
200912 0.103 91.111 0.113
201003 0.147 91.821 0.159
201006 0.164 91.962 0.178
201009 0.191 92.162 0.206
201012 0.192 92.474 0.207
201103 0.157 94.283 0.166
201106 -0.014 95.235 -0.015
201109 0.073 95.727 0.076
201112 0.107 95.213 0.112
201203 0.167 96.783 0.172
201206 0.056 96.819 0.058
201209 0.210 97.633 0.214
201212 0.299 96.871 0.307
201303 0.262 98.209 0.266
201306 0.212 98.518 0.214
201309 0.224 98.790 0.226
201312 0.299 98.326 0.303
201403 0.210 99.695 0.210
201406 -0.052 100.560 -0.052
201409 0.264 100.428 0.262
201412 0.357 99.070 0.359
201503 0.425 99.621 0.425

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.


iGate  (FRA:MS4) 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.


iGate Shiller PE Ratio Related Terms

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


iGate (FRA:MS4) Business Description

Traded in Other Exchanges
N/A
Address
Igate Corp was founded in 1986. The Company is an outsourcing provider of integrated end-to-end offshore centric information technology (IT) and IT-enabled operations solutions and services. The Company delivers various IT services through international integrated onsite and offshore delivery locations mainly in India. The Company provides its services to customers through industry focused practices, including insurance and healthcare (IHC), manufacturing, retail and logistics (MRDL), banking and financial services (BFS"), communications and utilities (CEU), and media and entertainment (MELT) and through technology focused practices. It offers services to customers through industry focused practices, including insurance and healthcare, life sciences, manufacturing, retail and logistics, banking and financial services, communications, energy and utilities, product and engineering solutions, government solutions and media and entertainment. Its IT and IT-enabled services include application development, application management, verification and validation, enterprise application solutions, business intelligence and data warehousing, infrastructure management services, enterprise mobility, cloud services, embedded systems development, engineering design services, IT consulting, IT governance and customized learning solutions, business process outsourcing ("BPO") and customer interaction services. The Company has operations in India, Canada, the United States, Europe, Mexico, Singapore, Malaysia, Japan, Australia, the United Arab Emirates, South Africa, Turkey, South Korea, China, Switzerland and the United Kingdom. The Company delivers effective solutions to more than 360 Fortune 1000 clients. The Company's main competitors in the IT and IT enabled outsourcing industry include IT outsourcing firms, consulting firms, systems integration-firms and general management consulting firms such as Tata Consultancy Services Limited, Infosys Technologies Limited, Cognizant Technology Solutions Corporation, Wipro Limited, Genpact Limited, WNS (Holdings) Limited, EXLService Holdings Inc., Syntel Inc., Mindtree Limited, and Hexaware Technologies Limited. The Company is subject to numerous, and sometimes conflicting, legal regimes on matters as diverse as anticorruption, import/export controls, content requirements, trade restrictions, tariffs, taxation, sanctions, immigration, internal and disclosure control obligations, securities regulation, anti-competition, data privacy and labor relations.

iGate (FRA:MS4) Headlines

No Headlines