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Tata Motors (BUE:TTM) Shiller PE Ratio : 70.08 (As of Apr. 26, 2024)


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What is Tata Motors Shiller PE Ratio?

As of today (2024-04-26), Tata Motors's current share price is ARS8651.00. Tata Motors's E10 for the quarter that ended in Dec. 2023 was ARS123.45. Tata Motors's Shiller PE Ratio for today is 70.08.

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

BUE:TTM' s Shiller PE Ratio Range Over the Past 10 Years
Min: 25.46   Med: 52.84   Max: 93.38
Current: 89.07

During the past years, Tata Motors's highest Shiller PE Ratio was 93.38. The lowest was 25.46. And the median was 52.84.

BUE:TTM's Shiller PE Ratio is ranked worse than
91.02% of 813 companies
in the Vehicles & Parts industry
Industry Median: 17.55 vs BUE:TTM: 89.07

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.

Tata Motors's adjusted earnings per share data for the three months ended in Dec. 2023 was ARS398.924. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ARS123.45 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tata Motors Shiller PE Ratio Historical Data

The historical data trend for Tata Motors'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.

Tata Motors Shiller PE Ratio Chart

Tata Motors 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 - - - 38.75 46.27

Tata Motors Quarterly Data
Mar13 Dec13 Mar14 Dec14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Sep21 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 47.90 46.27 62.27 64.48 70.05

Competitive Comparison of Tata Motors's Shiller PE Ratio

For the Auto Manufacturers subindustry, Tata Motors'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.


Tata Motors's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tata Motors's Shiller PE Ratio distribution charts can be found below:

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



Tata Motors 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.

Tata Motors's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=8651.00/123.45
=70.08

* 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.

Tata Motors's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Tata Motors'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)
=398.924/153.2548*153.2548
=398.924

Current CPI (Dec. 2023) = 153.2548.

Tata Motors Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200509 0.629 44.941 2.145
200512 0.646 45.604 2.171
200603 0.553 45.521 1.862
200606 0.732 47.051 2.384
200609 0.731 47.816 2.343
200612 0.750 48.581 2.366
200703 0.745 48.581 2.350
200706 0.678 49.729 2.089
200709 0.694 50.877 2.091
200712 0.709 51.259 2.120
200803 1.829 52.407 5.349
200903 -9.826 56.615 -26.599
200912 0.888 64.648 2.105
201003 5.528 65.030 13.028
201006 2.687 66.560 6.187
201009 3.060 68.473 6.849
201012 3.206 70.768 6.943
201103 0.863 70.768 1.869
201112 4.162 75.359 8.464
201203 5.579 76.889 11.120
201303 12.716 85.687 22.743
201312 0.000 91.425 0.000
201403 8.322 91.425 13.950
201412 0.000 96.780 0.000
201503 3.437 97.163 5.421
201603 31.002 102.518 46.345
201703 20.150 105.196 29.356
201803 29.583 109.786 41.296
201903 -242.732 118.202 -314.714
202003 -136.964 124.705 -168.320
202103 -242.458 131.771 -281.989
202109 -77.018 135.847 -86.887
202203 -210.546 138.822 -232.436
202206 -100.699 142.347 -108.415
202209 -21.383 144.661 -22.653
202212 79.380 145.763 83.460
202303 169.415 146.865 176.786
202306 121.715 150.280 124.124
202309 206.423 151.492 208.825
202312 398.924 153.255 398.924

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.


Tata Motors  (BUE:TTM) 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.


Tata Motors Shiller PE Ratio Related Terms

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


Tata Motors (BUE:TTM) Business Description

Address
24, Homi Mody Street, Bombay House, Mumbai, MH, IND, 400 001
Tata Motors Ltd is an automobile manufacturer company. The company's segment includes Automotive and others. The Automotive segment consists of four reportable sub-segments: Tata Commercial Vehicles, Tata Passenger Vehicles, Jaguar Land Rover, and Vehicle Financing. Others consist of IT services and Insurance Broking services. Geographically, it derives a majority of its revenue from India.

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