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Reliance Chemotex Industries (BOM:503162) Shiller PE Ratio : 16.70 (As of Jun. 23, 2024)


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What is Reliance Chemotex Industries Shiller PE Ratio?

As of today (2024-06-23), Reliance Chemotex Industries's current share price is ₹231.65. Reliance Chemotex Industries's E10 for the quarter that ended in Mar. 2024 was ₹13.87. Reliance Chemotex Industries's Shiller PE Ratio for today is 16.70.

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

BOM:503162' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.01   Med: 13.08   Max: 23.89
Current: 16.7

During the past years, Reliance Chemotex Industries's highest Shiller PE Ratio was 23.89. The lowest was 4.01. And the median was 13.08.

BOM:503162's Shiller PE Ratio is ranked better than
56.89% of 631 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 18.98 vs BOM:503162: 16.70

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.

Reliance Chemotex Industries's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹0.610. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹13.87 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Reliance Chemotex Industries Shiller PE Ratio Historical Data

The historical data trend for Reliance Chemotex Industries'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.

Reliance Chemotex Industries Shiller PE Ratio Chart

Reliance Chemotex Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 5.12 16.04 11.64 14.19

Reliance Chemotex Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 11.64 13.20 16.01 22.63 14.19

Competitive Comparison of Reliance Chemotex Industries's Shiller PE Ratio

For the Textile Manufacturing subindustry, Reliance Chemotex Industries'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.


Reliance Chemotex Industries's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Reliance Chemotex Industries's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Reliance Chemotex Industries's Shiller PE Ratio falls into.



Reliance Chemotex Industries 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.

Reliance Chemotex Industries's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=231.65/13.87
=16.70

* 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.

Reliance Chemotex Industries's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Reliance Chemotex Industries's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.61/153.0345*153.0345
=0.610

Current CPI (Mar. 2024) = 153.0345.

Reliance Chemotex Industries Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 1.952 94.103 3.174
201409 5.167 96.780 8.170
201412 2.606 96.780 4.121
201503 -2.063 97.163 -3.249
201506 0.695 99.841 1.065
201509 0.289 101.753 0.435
201512 -3.637 102.901 -5.409
201603 5.177 102.518 7.728
201606 4.196 105.961 6.060
201609 4.314 105.961 6.231
201612 -3.414 105.196 -4.967
201703 9.395 105.196 13.667
201706 3.164 107.109 4.521
201709 0.909 109.021 1.276
201712 -1.711 109.404 -2.393
201803 3.512 109.786 4.895
201806 1.920 111.317 2.640
201809 0.610 115.142 0.811
201812 1.520 115.142 2.020
201903 6.240 118.202 8.079
201906 8.770 120.880 11.103
201909 2.890 123.175 3.591
201912 3.250 126.235 3.940
202003 1.660 124.705 2.037
202006 -1.910 127.000 -2.302
202009 0.080 130.118 0.094
202012 3.360 130.889 3.928
202103 7.660 131.771 8.896
202106 4.050 134.084 4.622
202109 5.830 135.847 6.568
202112 5.710 138.161 6.325
202203 8.450 138.822 9.315
202206 4.250 142.347 4.569
202209 4.390 144.661 4.644
202212 4.150 145.763 4.357
202303 3.670 146.865 3.824
202306 2.950 150.280 3.004
202309 0.610 151.492 0.616
202312 0.080 152.924 0.080
202403 0.610 153.035 0.610

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.


Reliance Chemotex Industries  (BOM:503162) 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.


Reliance Chemotex Industries Shiller PE Ratio Related Terms

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Reliance Chemotex Industries (BOM:503162) Business Description

Traded in Other Exchanges
Address
27, Jolly Maker Chambers Number 2, Nariman Point, Mumbai, MH, IND, 400 021
Reliance Chemotex Industries Ltd is engaged in the manufacturing of synthetic blended yarn. The company's geographical segments are Sales within India which includes sales to customers located in India and Sales outside India consisting of sales to customers located outside India. It offers various products such as Home furnishing yarns which includes artificial silk carpets, conveyor belt, towels, raised and flat upholstery, and artificial leather, Industrial yarns comprising school uniforms, shawls, medical aids, dyed polyester and viscose yarn. The Company's primary business segment is Yarn. In addition, it also provides Apparel yarns such as knitwear, suiting's and dyed viscose yarns for carpets.

Reliance Chemotex Industries (BOM:503162) Headlines

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