GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » NOCIL Ltd (BOM:500730) » Definitions » Shiller PE Ratio

NOCIL (BOM:500730) Shiller PE Ratio : 30.04 (As of May. 24, 2024)


View and export this data going back to 1991. Start your Free Trial

What is NOCIL Shiller PE Ratio?

As of today (2024-05-24), NOCIL's current share price is ₹257.15. NOCIL's E10 for the fiscal year that ended in Mar23 was ₹8.56. NOCIL's Shiller PE Ratio for today is 30.04.

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

BOM:500730' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.48   Med: 25.77   Max: 34.51
Current: 30.56

During the past 13 years, NOCIL's highest Shiller PE Ratio was 34.51. The lowest was 10.48. And the median was 25.77.

BOM:500730's Shiller PE Ratio is ranked worse than
68.69% of 1038 companies
in the Chemicals industry
Industry Median: 19.75 vs BOM:500730: 30.56

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.

NOCIL's adjusted earnings per share data of for the fiscal year that ended in Mar23 was ₹8.920. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹8.56 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


NOCIL Shiller PE Ratio Historical Data

The historical data trend for NOCIL'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.

NOCIL Shiller PE Ratio Chart

NOCIL 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 26.82 10.68 26.24 32.49 24.09

NOCIL Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - - 24.09 - -

Competitive Comparison of NOCIL's Shiller PE Ratio

For the Specialty Chemicals subindustry, NOCIL'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.


NOCIL's Shiller PE Ratio Distribution in the Chemicals Industry

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

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



NOCIL 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.

NOCIL's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=257.15/8.56
=30.04

* 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.

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

For example, NOCIL'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)
=8.92/146.8646*146.8646
=8.920

Current CPI (Mar23) = 146.8646.

NOCIL Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 1.480 91.425 2.377
201503 3.520 97.163 5.321
201603 4.810 102.518 6.891
201703 5.910 105.196 8.251
201803 10.220 109.786 13.672
201903 11.130 118.202 13.829
202003 7.890 124.705 9.292
202103 5.320 131.771 5.929
202203 10.550 138.822 11.161
202303 8.920 146.865 8.920

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.


NOCIL  (BOM:500730) 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.


NOCIL Shiller PE Ratio Related Terms

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


NOCIL (BOM:500730) Business Description

Traded in Other Exchanges
Address
H.T. Parekh Marg, Mafatlal House, 3rd Floor, Backbay Reclamation, Churchgate, Mumbai, MH, IND, 400 020
NOCIL Ltd is an Indian company that is engaged in the business of manufacture and sale of Rubber Chemicals. The diverse product line of the company includes accelerators, anti-degradants, antioxidants, pre-vulcanization inhibitors, and post-vulcanization stabilizers. NOCIL serves its products to various industries including the tire and other rubber processing industries. Geographically, the group derives revenue from customers located within India and other international countries, of which a majority of the revenue is generated within India.

NOCIL (BOM:500730) Headlines

No Headlines