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Central Depository Services (India) (NSE:CDSL) Shiller PE Ratio : 104.45 (As of May. 15, 2024)


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What is Central Depository Services (India) Shiller PE Ratio?

As of today (2024-05-15), Central Depository Services (India)'s current share price is ₹2056.55. Central Depository Services (India)'s E10 for the fiscal year that ended in Mar24 was ₹19.69. Central Depository Services (India)'s Shiller PE Ratio for today is 104.45.

The historical rank and industry rank for Central Depository Services (India)'s Shiller PE Ratio or its related term are showing as below:

NSE:CDSL' s Shiller PE Ratio Range Over the Past 10 Years
Min: 57.59   Med: 84.01   Max: 113.46
Current: 102.43

During the past 12 years, Central Depository Services (India)'s highest Shiller PE Ratio was 113.46. The lowest was 57.59. And the median was 84.01.

NSE:CDSL's Shiller PE Ratio is ranked worse than
91.53% of 472 companies
in the Capital Markets industry
Industry Median: 19.875 vs NSE:CDSL: 102.43

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.

Central Depository Services (India)'s adjusted earnings per share data of for the fiscal year that ended in Mar24 was ₹40.110. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹19.69 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Central Depository Services (India) Shiller PE Ratio Historical Data

The historical data trend for Central Depository Services (India)'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.

Central Depository Services (India) Shiller PE Ratio Chart

Central Depository Services (India) 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 - - 112.20 57.59 86.96

Central Depository Services (India) 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 57.59 - - - 86.96

Competitive Comparison of Central Depository Services (India)'s Shiller PE Ratio

For the Capital Markets subindustry, Central Depository Services (India)'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.


Central Depository Services (India)'s Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Central Depository Services (India)'s Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Central Depository Services (India)'s Shiller PE Ratio falls into.



Central Depository Services (India) 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.

Central Depository Services (India)'s Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2056.55/19.69
=104.45

* 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.

Central Depository Services (India)'s E10 for the fiscal year that ended in Mar24 is calculated as:

For example, Central Depository Services (India)'s adjusted earnings per share data for the fiscal year that ended in Mar24 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar24 (Change)*Current CPI (Mar24)
=40.11/153.2548*153.2548
=40.110

Current CPI (Mar24) = 153.2548.

Central Depository Services (India) Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201503 5.519 97.163 8.705
201603 8.708 102.518 13.018
201703 8.210 105.196 11.961
201803 9.870 109.786 13.778
201903 10.860 118.202 14.081
202003 10.160 124.705 12.486
202103 19.170 131.771 22.296
202203 29.780 138.822 32.876
202303 26.410 146.865 27.559
202403 40.110 153.255 40.110

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.


Central Depository Services (India)  (NSE:CDSL) 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.


Central Depository Services (India) Shiller PE Ratio Related Terms

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Central Depository Services (India) (NSE:CDSL) Business Description

Traded in Other Exchanges
N/A
Address
N.M Joshi Marg, Unit No. A-2501, Marathon Futurex, Mafatlal Mills Compound, Lower Parel (East), Mumbai, MH, IND, 400013
Central Depository Services (India) Ltd is a securities depository in India. It offers dematerialization for a wide range of securities including equity shares, preference shares, mutual fund units, debt instruments, and government securities. The company's operating business segments are Depository Activity, Data Entry and Storage, and Repository, with maximum revenue from the Depository Activity segment.

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