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Birla (BOM:500335) Shiller PE Ratio : 13.81 (As of May. 04, 2024)


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What is Birla Shiller PE Ratio?

As of today (2024-05-04), Birla's current share price is ₹1559.25. Birla's E10 for the quarter that ended in Dec. 2023 was ₹112.94. Birla's Shiller PE Ratio for today is 13.81.

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

BOM:500335' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.97   Med: 10.25   Max: 15.2
Current: 12.83

During the past years, Birla's highest Shiller PE Ratio was 15.20. The lowest was 6.97. And the median was 10.25.

BOM:500335's Shiller PE Ratio is ranked better than
57.47% of 261 companies
in the Building Materials industry
Industry Median: 14.47 vs BOM:500335: 12.83

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.

Birla's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹14.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹112.94 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Birla Shiller PE Ratio Historical Data

The historical data trend for Birla'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.

Birla Shiller PE Ratio Chart

Birla 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 - - - - 6.97

Birla 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 - 6.97 9.78 9.96 12.76

Competitive Comparison of Birla's Shiller PE Ratio

For the Building Materials subindustry, Birla'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.


Birla's Shiller PE Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Birla's Shiller PE Ratio distribution charts can be found below:

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



Birla 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.

Birla's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1559.25/112.94
=13.81

* 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.

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

For example, Birla'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)
=14.17/153.2548*153.2548
=14.170

Current CPI (Dec. 2023) = 153.2548.

Birla Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200803 51.060 52.407 149.316
200903 42.020 56.615 113.747
201003 72.370 65.030 170.552
201103 41.580 70.768 90.045
201203 31.090 76.889 61.969
201303 35.100 85.687 62.778
201403 16.860 91.425 28.262
201503 22.760 97.163 35.899
201603 21.780 102.518 32.559
201606 12.200 105.961 17.645
201609 8.500 105.961 12.294
201612 -5.360 105.196 -7.809
201703 13.100 105.196 19.085
201706 5.610 107.109 8.027
201709 0.190 109.021 0.267
201712 -2.840 109.404 -3.978
201803 17.030 109.786 23.773
201806 10.890 111.317 14.993
201809 2.120 115.142 2.822
201812 3.550 115.142 4.725
201903 16.650 118.202 21.588
201906 18.260 120.880 23.151
201909 11.470 123.175 14.271
201912 10.580 126.235 12.845
202003 25.290 124.705 31.080
202006 8.540 127.000 10.305
202009 21.640 130.118 25.488
202012 19.270 130.889 22.563
202103 32.380 131.771 37.659
202106 18.380 134.084 21.008
202109 11.110 135.847 12.534
202112 7.850 138.161 8.708
202203 14.420 138.822 15.919
202206 8.040 142.347 8.656
202209 -7.330 144.661 -7.765
202212 -6.480 145.763 -6.813
202303 11.030 146.865 11.510
202306 7.750 150.280 7.903
202309 7.580 151.492 7.668
202312 14.170 153.255 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.


Birla  (BOM:500335) 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.


Birla Shiller PE Ratio Related Terms

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


Birla (BOM:500335) Business Description

Traded in Other Exchanges
Address
1, Shakespeare Sarani, A.C. Market, 2nd Floor, Kolkata, WB, IND, 700 071
Birla Corp Ltd is a multi-product manufacturing company. The firm's operating segments are Jute, Cement, and others. Its products include Ordinary Portland Cement, Portland Pozzolana Cement, and Portland Slag Cement among others. The company generates a majority of its revenue from the Cement segment. Geographically, it generates a major share of its revenue from India. The firm's brand profile consists of MP Birla Cement Unique, MP Birla Cement Samrat Advanced, MP Birla Cement Chetak, and MP Birla Cement Concrete, among others.

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