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Exide Industries (NSE:EXIDEIND) Shiller PE Ratio : 28.90 (As of Apr. 26, 2024)


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What is Exide Industries Shiller PE Ratio?

As of today (2024-04-26), Exide Industries's current share price is ₹447.40. Exide Industries's E10 for the fiscal year that ended in Mar23 was ₹15.48. Exide Industries's Shiller PE Ratio for today is 28.90.

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

NSE:EXIDEIND' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.22   Med: 15.37   Max: 30.09
Current: 30.09

During the past 13 years, Exide Industries's highest Shiller PE Ratio was 30.09. The lowest was 9.22. And the median was 15.37.

NSE:EXIDEIND's Shiller PE Ratio is ranked worse than
70.02% of 814 companies
in the Vehicles & Parts industry
Industry Median: 17.71 vs NSE:EXIDEIND: 30.09

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.

Exide Industries's adjusted earnings per share data of for the fiscal year that ended in Mar23 was ₹9.680. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹15.48 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Exide Industries Shiller PE Ratio Historical Data

The historical data trend for Exide Industries'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.

Exide Industries Shiller PE Ratio Chart

Exide Industries 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 22.73 13.28 18.28 10.23 11.50

Exide Industries 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 - 11.50 - - -

Competitive Comparison of Exide Industries's Shiller PE Ratio

For the Auto Parts subindustry, Exide Industries'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.


Exide Industries's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

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

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



Exide Industries 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.

Exide Industries's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=447.40/15.48
=28.90

* 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.

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

For example, Exide Industries'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)
=9.68/146.8646*146.8646
=9.680

Current CPI (Mar23) = 146.8646.

Exide Industries Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 6.410 91.425 10.297
201503 7.230 97.163 10.928
201603 8.240 102.518 11.804
201703 9.420 105.196 13.151
201803 8.130 109.786 10.876
201903 9.950 118.202 12.363
202003 9.140 124.705 10.764
202103 9.530 131.771 10.622
202203 51.380 138.822 54.357
202303 9.680 146.865 9.680

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.


Exide Industries  (NSE:EXIDEIND) 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.


Exide Industries Shiller PE Ratio Related Terms

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Exide Industries (NSE:EXIDEIND) Business Description

Traded in Other Exchanges
Address
59E, Chowringhee Road, Exide House, Kolkata, WB, IND, 700 020
Exide Industries Ltd is an Indian manufacturer of batteries sold under the Exide brand. The company is an original equipment and aftermarket parts supplier of batteries for automotive companies operating out of India, including Mitsubishi, Hyundai, Honda, Toyota, Fiat, Renault, GM, Mahindra, Tata, Bajaj, Suzuki, and Hero. Exide Industries also provides batteries to the power, telecommunications, infrastructure, computer, railways, mining, and defense sectors. It operates in the given segment Storage batteries & allied products and Others. Virtually all of the company's revenue is generated in India.

Exide Industries (NSE:EXIDEIND) Headlines

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