GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Styrenix Performance Materials Ltd (BOM:506222) » Definitions » Shiller PE Ratio

Styrenix Performance Materials (BOM:506222) Shiller PE Ratio : 24.14 (As of May. 26, 2024)


View and export this data going back to 2000. Start your Free Trial

What is Styrenix Performance Materials Shiller PE Ratio?

As of today (2024-05-26), Styrenix Performance Materials's current share price is ₹1871.55. Styrenix Performance Materials's E10 for the quarter that ended in Mar. 2024 was ₹77.54. Styrenix Performance Materials's Shiller PE Ratio for today is 24.14.

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

BOM:506222' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.74   Med: 16.2   Max: 26.18
Current: 24.14

During the past years, Styrenix Performance Materials's highest Shiller PE Ratio was 26.18. The lowest was 9.74. And the median was 16.20.

BOM:506222's Shiller PE Ratio is ranked worse than
58.96% of 1043 companies
in the Chemicals industry
Industry Median: 19.66 vs BOM:506222: 24.14

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.

Styrenix Performance Materials's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹28.070. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹77.54 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Styrenix Performance Materials Shiller PE Ratio Historical Data

The historical data trend for Styrenix Performance Materials'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.

Styrenix Performance Materials Shiller PE Ratio Chart

Styrenix Performance Materials 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 - 16.34 15.78 10.23 18.50

Styrenix Performance Materials 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 10.23 14.90 14.61 19.02 18.50

Competitive Comparison of Styrenix Performance Materials's Shiller PE Ratio

For the Chemicals subindustry, Styrenix Performance Materials'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.


Styrenix Performance Materials's Shiller PE Ratio Distribution in the Chemicals Industry

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

* The bar in red indicates where Styrenix Performance Materials's Shiller PE Ratio falls into.



Styrenix Performance Materials 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.

Styrenix Performance Materials's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1871.55/77.54
=24.14

* 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.

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

For example, Styrenix Performance Materials'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)
=28.07/153.0345*153.0345
=28.070

Current CPI (Mar. 2024) = 153.0345.

Styrenix Performance Materials Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201312 7.990 91.425 13.374
201403 3.420 91.425 5.725
201406 2.970 94.103 4.830
201409 4.670 96.780 7.384
201503 8.860 97.163 13.955
201506 10.280 99.841 15.757
201509 8.450 101.753 12.709
201512 -2.660 102.901 -3.956
201603 15.100 102.518 22.541
201609 10.920 105.961 15.771
201612 3.080 105.196 4.481
201703 16.880 105.196 24.556
201706 1.560 107.109 2.229
201709 9.650 109.021 13.546
201712 8.140 109.404 11.386
201803 18.310 109.786 25.523
201806 9.600 111.317 13.198
201809 3.990 115.142 5.303
201812 -12.950 115.142 -17.212
201903 -7.730 118.202 -10.008
201906 5.280 120.880 6.685
201909 5.620 123.175 6.982
201912 -18.850 126.235 -22.852
202003 2.540 124.705 3.117
202006 -11.390 127.000 -13.725
202009 20.380 130.118 23.969
202012 58.570 130.889 68.480
202103 91.780 131.771 106.591
202106 48.920 134.084 55.834
202109 51.190 135.847 57.667
202112 26.970 138.161 29.873
202203 56.330 138.822 62.097
202206 49.350 142.347 53.055
202209 13.420 144.661 14.197
202212 17.180 145.763 18.037
202303 24.120 146.865 25.133
202306 18.450 150.280 18.788
202309 32.080 151.492 32.407
202312 19.870 152.924 19.884
202403 28.070 153.035 28.070

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.


Styrenix Performance Materials  (BOM:506222) 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.


Styrenix Performance Materials Shiller PE Ratio Related Terms

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


Styrenix Performance Materials (BOM:506222) Business Description

Traded in Other Exchanges
Address
Dr. Vikram Sarabhai Marg, 9th Floor, “Shiva”, Sarabhai Complex, Vadiwadi, Vadodara, GJ, IND, 390023
Styrenix Performance Materials Ltd is a producer of Absolac (ABS) and Absolan (SAN) in India. ABS is a plastic resin produced from acrylonitrile, butadiene, and styrene, used for manufacturing home appliances, automobiles, consumer durables, and machinery. Absolan(SAN) is a polymerized plastic resin produced from styrene and acrylonitrile and is mainly used for products such as lighting, stationery, novelties, refrigerators, and cosmetic packing. The company operates in two segments namely Specialties and Polystyrene, of which the majority of the revenue is generated from the Specialties segment. Specialties include ABS and SAN. All the business activities of the firm functioned throughout the region of India.

Styrenix Performance Materials (BOM:506222) Headlines

No Headlines