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Nelco (BOM:504112) Shiller PE Ratio : 100.76 (As of May. 30, 2024)


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What is Nelco Shiller PE Ratio?

As of today (2024-05-30), Nelco's current share price is ₹735.55. Nelco's E10 for the quarter that ended in Mar. 2024 was ₹7.30. Nelco's Shiller PE Ratio for today is 100.76.

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

BOM:504112' s Shiller PE Ratio Range Over the Past 10 Years
Min: 98.78   Med: 144.68   Max: 297.81
Current: 101.17

During the past years, Nelco's highest Shiller PE Ratio was 297.81. The lowest was 98.78. And the median was 144.68.

BOM:504112's Shiller PE Ratio is ranked worse than
91.25% of 1383 companies
in the Hardware industry
Industry Median: 24.34 vs BOM:504112: 101.17

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.

Nelco's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹2.670. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹7.30 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nelco Shiller PE Ratio Historical Data

The historical data trend for Nelco'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.

Nelco Shiller PE Ratio Chart

Nelco Annual Data
Trend Sep14 Sep15 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 215.27 99.95 94.89

Nelco 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 99.95 126.32 124.12 115.93 94.89

Competitive Comparison of Nelco's Shiller PE Ratio

For the Communication Equipment subindustry, Nelco'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.


Nelco's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Nelco's Shiller PE Ratio distribution charts can be found below:

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



Nelco 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.

Nelco's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=735.55/7.3
=100.76

* 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.

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

For example, Nelco'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)
=2.67/153.0345*153.0345
=2.670

Current CPI (Mar. 2024) = 153.0345.

Nelco Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 3.430 94.103 5.578
201409 0.710 96.780 1.123
201412 0.540 96.780 0.854
201503 -1.150 97.163 -1.811
201506 -0.630 99.841 -0.966
201509 0.180 101.753 0.271
201512 0.140 102.901 0.208
201603 1.130 102.518 1.687
201606 0.780 105.961 1.127
201609 0.590 105.961 0.852
201612 0.990 105.196 1.440
201703 0.430 105.196 0.626
201706 0.870 107.109 1.243
201709 1.250 109.021 1.755
201712 1.500 109.404 2.098
201803 1.680 109.786 2.342
201806 1.720 111.317 2.365
201809 4.420 115.142 5.875
201812 1.750 115.142 2.326
201903 1.870 118.202 2.421
201906 1.480 120.880 1.874
201909 0.670 123.175 0.832
201912 1.600 126.235 1.940
202003 2.550 124.705 3.129
202006 0.810 127.000 0.976
202009 0.970 130.118 1.141
202012 1.670 130.889 1.953
202103 1.970 131.771 2.288
202106 1.920 134.084 2.191
202109 1.490 135.847 1.679
202112 2.300 138.161 2.548
202203 1.330 138.822 1.466
202206 2.070 142.347 2.225
202209 1.960 144.661 2.073
202212 2.190 145.763 2.299
202303 2.480 146.865 2.584
202306 2.510 150.280 2.556
202309 2.490 151.492 2.515
202312 2.690 152.924 2.692
202403 2.670 153.035 2.670

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.


Nelco  (BOM:504112) 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.


Nelco Shiller PE Ratio Related Terms

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


Nelco (BOM:504112) Business Description

Traded in Other Exchanges
Address
Plot No. EL-6, TTC Industrial Area, MIDC Electronics Zone, Mahape, Navi Mumbai, MH, IND, 400710
Nelco Ltd provides a solution for the management of network connectivity, networking services, and turnkey communication systems supply and integration. It is also engaged in the sale of security and surveillance products. The company has one segment: Network Systems, consisting of Satcom Services.

Nelco (BOM:504112) Headlines

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