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Housing Development Finance (BOM:500010) Shiller PE Ratio : 23.86 (As of May. 24, 2024)


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What is Housing Development Finance Shiller PE Ratio?

As of today (2024-05-24), Housing Development Finance's current share price is ₹2747.00. Housing Development Finance's E10 for the quarter that ended in Mar. 2023 was ₹115.13. Housing Development Finance's Shiller PE Ratio for today is 23.86.

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

BOM:500010' s Shiller PE Ratio Range Over the Past 10 Years
Min: 16.29   Med: 23.98   Max: 30.77
Current: 23.88

During the past years, Housing Development Finance's highest Shiller PE Ratio was 30.77. The lowest was 16.29. And the median was 23.98.

BOM:500010's Shiller PE Ratio is not ranked
in the Banks industry.
Industry Median: 10.16 vs BOM:500010: 23.88

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.

Housing Development Finance's adjusted earnings per share data for the three months ended in Mar. 2023 was ₹41.330. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹115.13 for the trailing ten years ended in Mar. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Housing Development Finance Shiller PE Ratio Historical Data

The historical data trend for Housing Development 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.

* Premium members only.

Housing Development Finance Shiller PE Ratio Chart

Housing Development Finance 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 - 17.73 26.71 23.35 22.82

Housing Development Finance Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 23.35 20.41 20.83 23.47 22.82

Competitive Comparison of Housing Development Finance's Shiller PE Ratio

For the Mortgage Finance subindustry, Housing Development 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.


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

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

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



Housing Development 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.

Housing Development Finance's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2747.00/115.13
=23.86

* 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.

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

For example, Housing Development Finance's adjusted earnings per share data for the three months ended in Mar. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=41.33/146.8646*146.8646
=41.330

Current CPI (Mar. 2023) = 146.8646.

Housing Development Finance Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201306 10.900 88.365 18.116
201309 12.060 91.042 19.455
201312 12.330 91.425 19.807
201403 15.320 91.425 24.610
201406 11.910 94.103 18.588
201409 13.050 96.780 19.803
201412 13.750 96.780 20.866
201503 16.590 97.163 25.076
201506 13.860 99.841 20.388
201509 13.090 101.753 18.893
201512 15.190 102.901 21.680
201603 21.450 102.518 30.729
201606 17.540 105.961 24.311
201609 17.060 105.961 23.646
201612 16.920 105.196 23.622
201703 18.540 105.196 25.884
201706 17.060 107.109 23.392
201709 17.750 109.021 23.911
201712 41.160 109.404 55.253
201803 22.820 109.786 30.527
201806 17.270 111.317 22.785
201809 33.770 115.142 43.074
201812 17.520 115.142 22.347
201903 26.090 118.202 32.416
201906 17.860 120.880 21.699
201909 59.800 123.175 71.301
201912 21.950 126.235 25.537
202003 23.580 124.705 27.770
202006 20.780 127.000 24.030
202009 25.990 130.118 29.335
202012 28.740 130.889 32.248
202103 29.100 131.771 32.433
202106 27.640 134.084 30.275
202109 28.800 135.847 31.136
202112 31.790 138.161 33.793
202203 35.420 138.822 37.472
202206 29.090 142.347 30.013
202209 35.900 144.661 36.447
202212 36.220 145.763 36.494
202303 41.330 146.865 41.330

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.


Housing Development Finance  (BOM:500010) 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.


Housing Development Finance Shiller PE Ratio Related Terms

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


Housing Development Finance (BOM:500010) Business Description

Traded in Other Exchanges
N/A
Address
HDFC House, H.T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai, MH, IND, 400 020
Housing Development Finance Corp Ltd provides housing finance services to customers in India, with a limited number of other international operations. The company is engaged in conservative lending practices through its retail mortgage business, while its customers are mostly first-time homebuyers. The initiation of housing loans, including home improvement and home extension loans, remains as the core business of the company. The company is also engaged in risk management strategies that include derivative securities. Its segments include Loans, Life Insurance, General Insurance, Asset Management, and Others. Geographically, it generates nearly all of its revenue from India.

Housing Development Finance (BOM:500010) Headlines

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