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Mehta Housing Finance (BOM:511740) Shiller PE Ratio : (As of Apr. 29, 2024)


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What is Mehta Housing Finance Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Mehta Housing Finance Shiller PE Ratio Historical Data

The historical data trend for Mehta Housing Finance'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.

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Mehta Housing Finance Shiller PE Ratio Chart

Mehta Housing Finance Annual Data
Trend Dec13 Dec14 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
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Mehta Housing Finance Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Mehta Housing Finance's Shiller PE Ratio

For the Mortgage Finance subindustry, Mehta Housing Finance'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.


Mehta Housing Finance's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mehta Housing Finance's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Mehta Housing Finance's Shiller PE Ratio falls into.



Mehta Housing Finance 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.

Mehta Housing Finance's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Mehta Housing Finance'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)
=-0.14/153.2548*153.2548
=-0.140

Current CPI (Dec. 2023) = 153.2548.

Mehta Housing Finance Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201309 0.099 91.042 0.167
201312 0.013 91.425 0.022
201406 -0.048 94.103 -0.078
201409 0.309 96.780 0.489
201412 0.018 96.780 0.029
201506 -0.080 99.841 -0.123
201509 -0.013 101.753 -0.020
201512 -0.021 102.901 -0.031
201603 0.230 102.518 0.344
201606 -0.099 105.961 -0.143
201609 -0.030 105.961 -0.043
201612 -0.026 105.196 -0.038
201703 0.540 105.196 0.787
201706 -0.110 107.109 -0.157
201709 -0.028 109.021 -0.039
201712 -0.032 109.404 -0.045
201803 0.180 109.786 0.251
201806 -0.128 111.317 -0.176
201809 -0.030 115.142 -0.040
201812 -0.034 115.142 -0.045
201903 0.064 118.202 0.083
201906 -1.495 120.880 -1.895
201909 -0.038 123.175 -0.047
201912 -0.043 126.235 -0.052
202003 0.007 124.705 0.009
202006 -0.128 127.000 -0.154
202009 -5.248 130.118 -6.181
202012 1.928 130.889 2.257
202103 3.098 131.771 3.603
202106 -0.006 134.084 -0.007
202109 -0.116 135.847 -0.131
202112 -0.190 138.161 -0.211
202203 0.009 138.822 0.010
202206 -0.221 142.347 -0.238
202209 -0.110 144.661 -0.117
202212 -0.150 145.763 -0.158
202303 -0.150 146.865 -0.157
202306 -0.200 150.280 -0.204
202309 -0.120 151.492 -0.121
202312 -0.140 153.255 -0.140

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.


Mehta Housing Finance  (BOM:511740) 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.


Mehta Housing Finance Shiller PE Ratio Related Terms

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Mehta Housing Finance (BOM:511740) Business Description

Traded in Other Exchanges
N/A
Address
Savarkundla Road, Plot No 1A, Revenue Survey No 203, Taveda, Mahuva, Bhavnagar, GJ, IND, 364290
Mehta Housing Finance Ltd is exploring various options to undertake production and trading activities in the food industry.

Mehta Housing Finance (BOM:511740) Headlines

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