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Photon Capital Advisors (BOM:509084) Shiller PE Ratio : (As of Jun. 18, 2024)


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What is Photon Capital Advisors Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Photon Capital Advisors Shiller PE Ratio Historical Data

The historical data trend for Photon Capital Advisors'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.

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Photon Capital Advisors Shiller PE Ratio Chart

Photon Capital Advisors Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Shiller PE Ratio
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Photon Capital Advisors Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Photon Capital Advisors's Shiller PE Ratio

For the Asset Management subindustry, Photon Capital Advisors'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.


Photon Capital Advisors's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Photon Capital Advisors's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Photon Capital Advisors's Shiller PE Ratio falls into.



Photon Capital Advisors 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.

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

For example, Photon Capital Advisors'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)
=-13.47/153.0345*153.0345
=-13.470

Current CPI (Mar. 2024) = 153.0345.

Photon Capital Advisors Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 2.190 94.103 3.561
201409 -3.220 96.780 -5.092
201412 -0.320 96.780 -0.506
201503 0.105 97.163 0.165
201506 -0.810 99.841 -1.242
201509 0.800 101.753 1.203
201512 -0.960 102.901 -1.428
201603 -1.220 102.518 -1.821
201606 0.460 105.961 0.664
201609 2.470 105.961 3.567
201612 10.933 105.196 15.905
201703 -7.740 105.196 -11.260
201706 -1.380 107.109 -1.972
201709 -4.790 109.021 -6.724
201712 -8.513 109.404 -11.908
201803 -1.497 109.786 -2.087
201806 -1.540 111.317 -2.117
201809 2.080 115.142 2.765
201812 1.560 115.142 2.073
201903 -1.590 118.202 -2.059
201906 -1.950 120.880 -2.469
201909 -0.980 123.175 -1.218
201912 -0.740 126.235 -0.897
202003 0.158 124.705 0.194
202006 -1.890 127.000 -2.277
202009 -0.520 130.118 -0.612
202012 1.020 130.889 1.193
202103 0.450 131.771 0.523
202106 0.606 134.084 0.692
202109 -0.230 135.847 -0.259
202112 2.540 138.161 2.813
202203 9.620 138.822 10.605
202206 -0.780 142.347 -0.839
202209 -0.090 144.661 -0.095
202212 -0.690 145.763 -0.724
202303 -0.900 146.865 -0.938
202306 0.440 150.280 0.448
202309 -0.020 151.492 -0.020
202312 -0.020 152.924 -0.020
202403 -13.470 153.035 -13.470

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.


Photon Capital Advisors  (BOM:509084) 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.


Photon Capital Advisors Shiller PE Ratio Related Terms

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Photon Capital Advisors (BOM:509084) Business Description

Traded in Other Exchanges
N/A
Address
Road No. 9, Jubilee Hills, Plot No. 90-A, Hyderabad, TG, IND, 500 033
Photon Capital Advisors Ltd is an adviser to hedge funds, family offices, high net worth individuals and investment partnerships that invest in India. It aims to generate superior returns by guiding investments across asset classes including equities, equity derivatives, index derivatives, debt, commodities, and real estate. The company also manage proprietary funds which are presently closed to external investors. The company generates maximum revenue from the sale of Investments.

Photon Capital Advisors (BOM:509084) Headlines

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