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HCL Technologies (NSE:HCLTECH) Shiller PE Ratio : 29.33 (As of Jul. 19, 2025)


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What is HCL Technologies Shiller PE Ratio?

As of today (2025-07-19), HCL Technologies's current share price is ₹1548.80. HCL Technologies's E10 for the quarter that ended in Jun. 2025 was ₹52.80. HCL Technologies's Shiller PE Ratio for today is 29.33.

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

NSE:HCLTECH' s Shiller PE Ratio Range Over the Past 10 Years
Min: 20.4   Med: 27.93   Max: 38.07
Current: 29.24

During the past years, HCL Technologies's highest Shiller PE Ratio was 38.07. The lowest was 20.40. And the median was 27.93.

NSE:HCLTECH's Shiller PE Ratio is ranked better than
57.71% of 882 companies
in the Software industry
Industry Median: 35.315 vs NSE:HCLTECH: 29.24

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.

HCL Technologies's adjusted earnings per share data for the three months ended in Jun. 2025 was ₹14.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹52.80 for the trailing ten years ended in Jun. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


HCL Technologies Shiller PE Ratio Historical Data

The historical data trend for HCL Technologies'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.

HCL Technologies Shiller PE Ratio Chart

HCL Technologies Annual Data
Trend Jun15 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 27.67 23.72 31.40 30.22

HCL Technologies Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 28.77 34.74 36.55 30.22 32.74

Competitive Comparison of HCL Technologies's Shiller PE Ratio

For the Information Technology Services subindustry, HCL Technologies'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.


HCL Technologies's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, HCL Technologies's Shiller PE Ratio distribution charts can be found below:

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


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HCL Technologies 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.

HCL Technologies's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1548.80/52.80
=29.33

* 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.

HCL Technologies's E10 for the quarter that ended in Jun. 2025 is calculated as:

For example, HCL Technologies's adjusted earnings per share data for the three months ended in Jun. 2025 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2025 (Change)*Current CPI (Jun. 2025)
=14.17/157.5517*157.5517
=14.170

Current CPI (Jun. 2025) = 157.5517.

HCL Technologies Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201509 6.150 101.753 9.522
201512 6.815 102.901 10.434
201603 6.880 102.518 10.573
201606 7.275 105.961 10.817
201609 7.135 105.961 10.609
201612 7.300 105.196 10.933
201703 8.660 105.196 12.970
201706 7.705 107.109 11.334
201709 7.910 109.021 11.431
201712 7.445 109.404 10.721
201803 8.005 109.786 11.488
201806 8.725 111.317 12.349
201809 9.075 115.142 12.418
201812 9.570 115.142 13.095
201903 9.390 118.202 12.516
201906 8.321 120.880 10.845
201909 9.872 123.175 12.627
201912 10.850 126.235 13.542
202003 11.690 124.705 14.769
202006 10.783 127.000 13.377
202009 11.580 130.118 14.022
202012 14.630 130.889 17.610
202103 4.060 131.771 4.854
202106 11.810 134.084 13.877
202109 12.010 135.847 13.929
202112 12.653 138.161 14.429
202203 13.298 138.822 15.092
202206 12.120 142.347 13.415
202209 12.880 144.661 14.028
202212 15.110 145.763 16.332
202303 14.690 146.865 15.759
202306 13.030 150.280 13.660
202309 14.130 151.492 14.695
202312 16.030 152.924 16.515
202403 14.670 153.035 15.103
202406 15.690 155.789 15.868
202409 15.610 157.882 15.577
202412 16.930 158.323 16.848
202503 15.860 157.552 15.860
202506 14.170 157.552 14.170

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.


HCL Technologies  (NSE:HCLTECH) 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.


HCL Technologies Shiller PE Ratio Related Terms

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


HCL Technologies Business Description

Traded in Other Exchanges
Address
Technology Hub, Special Economic Zone, Plot No. 3A, Sector 126, Noida, UP, IND, 201304
HCL Technologies Ltd provides enterprises with IT solutions. It focuses on offering Digital, Internet of Things, Cloud, Automation, Cybersecurity, Infrastructure Management, and Engineering services to solve business problems for clients. It offers solutions to a variety of industries including Financial Services, Public Services, Consumer Services, Healthcare, and Manufacturing. It operates in three segments; IT and Business Services, Engineering and R&D Services, and HCl Software. The firm emphasizes consultation services for firms, intending to offer them digital and design solutions. The majority of the firm's revenue comes from the IT and Business Services segment. Geographically, it derives maximum revenue from America and the rest from Europe, India, and the Rest of the world.

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