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Investment & Precision Castings (BOM:504786) Shiller PE Ratio : 29.89 (As of Jun. 22, 2024)


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What is Investment & Precision Castings Shiller PE Ratio?

As of today (2024-06-22), Investment & Precision Castings's current share price is ₹573.55. Investment & Precision Castings's E10 for the quarter that ended in Mar. 2024 was ₹19.19. Investment & Precision Castings's Shiller PE Ratio for today is 29.89.

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

BOM:504786' s Shiller PE Ratio Range Over the Past 10 Years
Min: 30.79   Med: 32.68   Max: 34.74
Current: 30.79

During the past years, Investment & Precision Castings's highest Shiller PE Ratio was 34.74. The lowest was 30.79. And the median was 32.68.

BOM:504786's Shiller PE Ratio is ranked worse than
75% of 408 companies
in the Steel industry
Industry Median: 14.95 vs BOM:504786: 30.79

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.

Investment & Precision Castings's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹1.390. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹19.19 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Investment & Precision Castings Shiller PE Ratio Historical Data

The historical data trend for Investment & Precision Castings'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.

Investment & Precision Castings Shiller PE Ratio Chart

Investment & Precision Castings 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 - - - - 28.46

Investment & Precision Castings 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 - - - - 28.46

Competitive Comparison of Investment & Precision Castings's Shiller PE Ratio

For the Steel subindustry, Investment & Precision Castings'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.


Investment & Precision Castings's Shiller PE Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Investment & Precision Castings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Investment & Precision Castings's Shiller PE Ratio falls into.



Investment & Precision Castings 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.

Investment & Precision Castings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=573.55/19.19
=29.89

* 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.

Investment & Precision Castings's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Investment & Precision Castings'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)
=1.39/153.0345*153.0345
=1.390

Current CPI (Mar. 2024) = 153.0345.

Investment & Precision Castings Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200803 11.650 52.407 34.019
200903 7.710 56.615 20.841
201003 11.120 65.030 26.168
201103 6.430 70.768 13.905
201109 0.880 75.359 1.787
201112 2.170 75.359 4.407
201203 1.540 76.889 3.065
201206 0.090 79.567 0.173
201209 -1.680 82.244 -3.126
201212 -0.160 83.774 -0.292
201303 2.546 85.687 4.547
201306 0.410 88.365 0.710
201309 0.480 91.042 0.807
201312 0.790 91.425 1.322
201403 1.530 91.425 2.561
201503 4.310 97.163 6.788
201603 5.650 102.518 8.434
201703 8.340 105.196 12.133
201803 15.870 109.786 22.122
201903 0.000 118.202 0.000
201906 -1.680 120.880 -2.127
201909 0.130 123.175 0.162
201912 -0.410 126.235 -0.497
202003 0.510 124.705 0.626
202006 -7.710 127.000 -9.290
202009 -1.530 130.118 -1.799
202012 4.280 130.889 5.004
202103 5.800 131.771 6.736
202106 3.580 134.084 4.086
202109 -1.120 135.847 -1.262
202112 -0.470 138.161 -0.521
202203 -1.650 138.822 -1.819
202206 0.580 142.347 0.624
202209 0.880 144.661 0.931
202212 3.870 145.763 4.063
202303 5.780 146.865 6.023
202306 6.520 150.280 6.640
202309 5.050 151.492 5.101
202312 2.620 152.924 2.622
202403 1.390 153.035 1.390

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.


Investment & Precision Castings  (BOM:504786) 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.


Investment & Precision Castings Shiller PE Ratio Related Terms

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Investment & Precision Castings (BOM:504786) Business Description

Traded in Other Exchanges
N/A
Address
Nari Road, Bhavnagar, GJ, IND, 364006
Investment & Precision Castings Ltd is engaged in the steel casting business. The company's products portfolio includes two-three-four-wheeler, bus tractor parts; aircraft parts; turbochargers for diesel engines; power plants, pumps and valves, medical implants; electrical and instrumentation; general engineering; electronics; electronics; compressors; artisan castings; and machined components from bar stock. The company also provides its products and services to ancillaries and the wind power generation industry. It operates in two segments Investment Castings and Wind Mill. The majority of the firm's revenue comes from the Investment Castings segment.

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