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Jindalw (BOM:500378) Shiller PE Ratio : 53.80 (As of Apr. 28, 2024)


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What is Jindalw Shiller PE Ratio?

As of today (2024-04-28), Jindalw's current share price is ₹559.00. Jindalw's E10 for the fiscal year that ended in Mar23 was ₹10.39. Jindalw's Shiller PE Ratio for today is 53.80.

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

BOM:500378' s Shiller PE Ratio Range Over the Past 10 Years
Min: 1.91   Med: 4.27   Max: 53.82
Current: 53.82

During the past 13 years, Jindalw's highest Shiller PE Ratio was 53.82. The lowest was 1.91. And the median was 4.27.

BOM:500378's Shiller PE Ratio is ranked worse than
82.32% of 396 companies
in the Steel industry
Industry Median: 15.465 vs BOM:500378: 53.82

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.

Jindalw's adjusted earnings per share data of for the fiscal year that ended in Mar23 was ₹19.910. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹10.39 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jindalw Shiller PE Ratio Historical Data

The historical data trend for Jindalw'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.

Jindalw Shiller PE Ratio Chart

Jindalw 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 7.92 5.25 10.06 11.51 14.01

Jindalw 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 - 14.01 - - -

Competitive Comparison of Jindalw's Shiller PE Ratio

For the Steel subindustry, Jindalw'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.


Jindalw's Shiller PE Ratio Distribution in the Steel Industry

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

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



Jindalw 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.

Jindalw's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=559.00/10.39
=53.80

* 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.

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

For example, Jindalw'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)
=19.91/146.8646*146.8646
=19.910

Current CPI (Mar23) = 146.8646.

Jindalw Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -2.220 91.425 -3.566
201503 -0.540 97.163 -0.816
201603 -1.390 102.518 -1.991
201703 3.260 105.196 4.551
201803 5.550 109.786 7.424
201903 26.590 118.202 33.038
202003 17.350 124.705 20.433
202103 10.020 131.771 11.168
202203 12.960 138.822 13.711
202303 19.910 146.865 19.910

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.


Jindalw  (BOM:500378) 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.


Jindalw Shiller PE Ratio Related Terms

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Jindalw (BOM:500378) Business Description

Traded in Other Exchanges
Address
12 Bhikaiji Cama Place, Jindal Centre, New Delhi, IND, 110066
Jindal Saw Ltd is an Indian manufacturer and supplier of iron and steel pipes, fittings, and pellets. Its products can be used in oil and gas exploration, transportation, power generation, the supply of drinking water, drainage, and irrigation, as well as other industrial applications. It operates in two segments namely Iron and steel products and Waterways Logistics. The company operations are located in India, United States, Italy, United Arab Emirates, and Algeria. Geographically, it generates the majority of the revenue from India.

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