Switch to:

Dr Reddy's Laboratories Shiller PE Ratio

: 27.45 (As of Today)
View and export this data going back to 2001. Start your Free Trial

As of today (2019-10-20), Dr Reddy's Laboratories's current share price is $38.71. Dr Reddy's Laboratories's E10 for the quarter that ended in Jun. 2019 was $1.41. Dr Reddy's Laboratories's Shiller P/E Ratio for today is 27.45.

NYSE:RDY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 24.54   Max: 69.1
Current: 28.33

24.54
69.1

During the past years, Dr Reddy's Laboratories's highest Shiller P/E Ratio was 69.10. The lowest was 24.54. And the median was 53.16.

NYSE:RDY's Shiller PE Ratio is ranked lower than
53% of the 303 Companies
in the Drug Manufacturers industry.

( Industry Median: 26.40 vs. NYSE:RDY: 28.33 )

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Dr Reddy's Laboratories's adjusted earnings per share data for the three months ended in Jun. 2019 was $0.575. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.41 for the trailing ten years ended in Jun. 2019.


Dr Reddy's Laboratories Shiller PE Ratio Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Dr Reddy's Laboratories Annual Data
Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Shiller PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 59.21 43.80 36.79 27.26 29.85

Dr Reddy's Laboratories Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
Shiller PE Ratio 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 Premium Member Only Premium Member Only Premium Member Only 28.23 30.78 31.68 29.85 26.52

Competitive Comparison
* 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.


Dr Reddy's Laboratories Shiller PE Ratio Distribution

* The bar in red indicates where Dr Reddy's Laboratories's Shiller PE Ratio falls into.



Dr Reddy's Laboratories Shiller PE Ratio Calculation

For the Shiller P/E, 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 P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Dr Reddy's Laboratories's Shiller P/E Ratio for today is calculated as

Shiller P/E Ratio=Share Price/ E10
=38.71/1.41
=27.45

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Dr Reddy's Laboratories's E10 for the fiscal year that ended in Mar19 is calculated as:

For example, Dr Reddy's Laboratories's adjusted earnings per share data for the three months ended in Jun. 2019 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2019 (Change)*Current CPI (Jun. 2019)
=0.575171499395/256.143*256.143
=0.575

Current CPI (Jun. 2019) = 256.143.

Dr Reddy's Laboratories Quarterly Data

per_share_eps CPI Adj_EPS
200909 0.265 215.969 0.315
200912 -0.664 215.949 -0.788
201003 0.216 217.631 0.255
201006 0.265 217.965 0.312
201009 0.368 218.439 0.431
201012 0.356 219.179 0.416
201103 0.438 223.467 0.502
201106 0.345 225.722 0.391
201109 0.380 226.889 0.428
201112 0.576 225.672 0.654
201203 0.308 229.392 0.343
201206 0.353 229.478 0.394
201209 0.424 231.407 0.470
201212 0.406 229.601 0.453
201303 0.616 232.773 0.678
201306 0.363 233.504 0.398
201309 0.636 234.149 0.696
201312 0.586 233.049 0.645
201403 0.463 236.293 0.502
201406 0.540 238.343 0.580
201409 0.552 238.031 0.594
201412 0.536 234.812 0.585
201503 0.486 236.119 0.527
201506 0.574 238.638 0.616
201509 0.638 237.945 0.687
201512 0.509 236.525 0.551
201603 0.065 238.132 0.070
201606 0.110 241.018 0.117
201609 0.266 241.428 0.282
201612 0.418 241.432 0.443
201703 0.286 243.801 0.301
201706 0.055 244.955 0.058
201709 0.266 246.819 0.276
201712 0.313 246.524 0.326
201803 0.279 249.554 0.287
201806 0.405 251.989 0.412
201809 0.419 252.439 0.426
201812 0.412 251.233 0.420
201903 0.376 254.202 0.379
201906 0.575 256.143 0.575

Add all the adjusted EPS together and divide 10 will get our .


  (:) Explanation

Compared with the regular P/E ratio, which works poorly for cyclical businesses, the Shiller P/E 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 P/E should give similar results to regular P/E.

Compared with the P/S ratio, the Shiller P/E makes the comparison between different industries more meaningful.


Be Aware

The Shiller P/E 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, the Shiller P/E and P/S ratio will give false valuations.


Related Terms

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)