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Polychem (BOM:506605) Shiller PE Ratio : 39.58 (As of May. 11, 2024)


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What is Polychem Shiller PE Ratio?

As of today (2024-05-11), Polychem's current share price is ₹2649.95. Polychem's E10 for the quarter that ended in Dec. 2023 was ₹66.96. Polychem's Shiller PE Ratio for today is 39.58.

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

BOM:506605' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.16   Med: 22.27   Max: 50.11
Current: 40.31

During the past years, Polychem's highest Shiller PE Ratio was 50.11. The lowest was 10.16. And the median was 22.27.

BOM:506605's Shiller PE Ratio is ranked worse than
77.04% of 1041 companies
in the Chemicals industry
Industry Median: 19.79 vs BOM:506605: 40.31

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.

Polychem's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹43.140. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹66.96 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Polychem Shiller PE Ratio Historical Data

The historical data trend for Polychem'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.

Polychem Shiller PE Ratio Chart

Polychem 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 - - - - 17.64

Polychem Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 18.52 17.64 23.11 34.69 43.31

Competitive Comparison of Polychem's Shiller PE Ratio

For the Specialty Chemicals subindustry, Polychem'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.


Polychem's Shiller PE Ratio Distribution in the Chemicals Industry

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

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



Polychem 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.

Polychem's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2649.95/66.96
=39.58

* 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.

Polychem's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Polychem's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=43.14/153.2548*153.2548
=43.140

Current CPI (Dec. 2023) = 153.2548.

Polychem Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201209 -1.620 82.244 -3.019
201212 -11.100 83.774 -20.306
201303 -7.020 85.687 -12.556
201306 4.970 88.365 8.620
201309 9.010 91.042 15.167
201312 9.490 91.425 15.908
201403 12.040 91.425 20.183
201406 22.800 94.103 37.132
201409 8.380 96.780 13.270
201412 -0.340 96.780 -0.538
201503 -7.490 97.163 -11.814
201506 8.790 99.841 13.493
201509 1.450 101.753 2.184
201512 -0.190 102.901 -0.283
201603 -1.650 102.518 -2.467
201703 19.933 105.196 29.039
201803 5.675 109.786 7.922
201806 20.750 111.317 28.568
201809 29.630 115.142 39.438
201812 18.880 115.142 25.129
201903 20.460 118.202 26.527
201906 20.700 120.880 26.244
201909 18.410 123.175 22.906
201912 22.350 126.235 27.134
202003 14.430 124.705 17.734
202006 -4.790 127.000 -5.780
202009 0.940 130.118 1.107
202012 13.940 130.889 16.322
202103 10.380 131.771 12.072
202106 6.800 134.084 7.772
202109 -3.695 135.847 -4.168
202112 -4.370 138.161 -4.847
202203 13.800 138.822 15.235
202206 23.080 142.347 24.849
202209 71.440 144.661 75.684
202212 38.350 145.763 40.321
202303 42.210 146.865 44.047
202306 39.650 150.280 40.435
202309 37.380 151.492 37.815
202312 43.140 153.255 43.140

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.


Polychem  (BOM:506605) 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.


Polychem Shiller PE Ratio Related Terms

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Polychem (BOM:506605) Business Description

Traded in Other Exchanges
N/A
Address
7, Jamshedji Tata Road, 5th Floor, Oriental House, Churchgate Reclamation, Mumbai, MH, IND, 400 020
Polychem Ltd is an India-based company engaged in the manufacturing of specialty chemicals. It manufactures basic chemicals, fertilizer and nitrogen compounds, plastics and synthetic rubber in primary forms. It operates through the business segments of Property Development, Specialty Chemicals and Manufacturing and trading in Capacitors. The company's products include Cross linked polystyrene, Low molecular weight polystyrene, Styrene ethyl acrylate co-polymer, SBA PC-50 and SBA PC-30. It has business presence in India and other countries.

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